Hi all,

I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.

Cheers!

  • vegai@suppo.fiEnglish
    1·
    1 year ago

    capitalism requires infinite growth. We have finite resources.

    But growth includes things that are not finite, or at least where no clear limit is anywhere visible. Like technological improvements.

    • rusticus1773@lemmy.mlEnglish
      33·
      1 year ago

      Feel free to be pedantic, but my point remains: historically and currently capitalism strives for infinite growth and cares not for resource limitations.

      Now, can capitalism serve both purposes? Of course. Technological improvements developed by capitalism can (and must) improve environmental and resource impacts of population needs. Does it currently? Not nearly enough. How to direct capitalism to become a better steward for the planet and its resources is a separate topic and discussion. OP asked a question that I was answering without getting into the weeds.