Capitalism has eroded society to the edge of what is tolerable. The push for infinite growth has pushed the world to the extreme, with 0.001% of human holding 99.999% of the riches.
We are now at a point where growth cannot continue because the customers are too poor and the thumbscrews are all the way in. And yet, corpos want more. It will break - very soon. Then what happens?
Capitalism in on itself isn’t necessarily bad, it’s a tool. Just as you can use a knife to carve out a nice image, you can also use it to stab somebody to death.
Captialism is quite powerful and is pretty much the reason why western nations are as powerful as they are. The uncontrolled part is the reason why things got bad and are getting worse
It’s clearly working very well for itself, but it’s doing it for the benefit of the stock holders, not for the community, not for the employees, and certainly not for the environment - those are all just annoying cost factors that must be minimized to maximise profits.
I am saying this is not sustainable, and we have now reached that point. People have several jobs and still can’t pay their bills - that’s new, and a sign that we’ve reached the limit.
Yeah, and the right way to do that is to put a number of hard and soft limits on capitalism. Tax the greedy bastards, put good employment laws in place.
Capitalism has eroded society to the edge of what is tolerable. The push for infinite growth has pushed the world to the extreme, with 0.001% of human holding 99.999% of the riches.
We are now at a point where growth cannot continue because the customers are too poor and the thumbscrews are all the way in. And yet, corpos want more. It will break - very soon. Then what happens?
Unbridled uncontrolled capitalism, that is.
Capitalism in on itself isn’t necessarily bad, it’s a tool. Just as you can use a knife to carve out a nice image, you can also use it to stab somebody to death.
Captialism is quite powerful and is pretty much the reason why western nations are as powerful as they are. The uncontrolled part is the reason why things got bad and are getting worse
It’s clearly working very well for itself, but it’s doing it for the benefit of the stock holders, not for the community, not for the employees, and certainly not for the environment - those are all just annoying cost factors that must be minimized to maximise profits.
I am saying this is not sustainable, and we have now reached that point. People have several jobs and still can’t pay their bills - that’s new, and a sign that we’ve reached the limit.
Yeah, and the right way to do that is to put a number of hard and soft limits on capitalism. Tax the greedy bastards, put good employment laws in place.
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