Well, Capitalism thrives on growth, it's pretty much about 3% compound growth forever, think of that in 20 years time. You have to find new investment opportunities right now for $1.5 trillion dollars...if you keep on going at this pace you're going to have to find profitable investment opportunities for $3 trillion dollars and how are you going to find those investment opportunities? In fact this is now why many capitalists just invest in assets, not aiming to control real things, just simply investing in having more money made out of money.
It is every angle of the way we are running things, it is impossible to maintain. We need the idea of 0% growth but also to distinguish the difference between growth and development. How do we do this? Invest in peoples creative capacities and powers, you DO NOT need growth to do that. We must look to re-distribute the resources.
It is every angle of the way we are running things, it is impossible to maintain. We need the idea of 0% growth but also to distinguish the difference between growth and development. How do we do this? Invest in peoples creative capacities and powers, you DO NOT need growth to do that. We must look to re-distribute the resources.