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[-] june@lemmy.world 52 points 1 year ago

You’re describing the inherent limitations of capitalism. Our entire economy is predicated on infinite growth, which doesn’t exist and isn’t possible. What you describe is the eventual collapse of not just organizations, but of the US as a whole.

[-] just_another_person@lemmy.world 20 points 1 year ago* (last edited 1 year ago)

No, not the US as a whole, but perhaps the end of the insane and without reasonable measures Capitalism that it has spawned. This is the theorized late-stage capitalism, but it was brought to this level by a broken and out of control system, whereas the academic model of capitalism would have had certain mechanisms of balance to prevent exactly where we are.

The system of the present is too imbalanced to function with all these corporations, conglomerates, and billionaires holding a disproportionate amount of the wealth and keeping it from circulating. The economic system in the US just can't work this way, so some drastic shift to reduce or remove the wealth gap will need to change.

[-] FinalRemix@lemmy.world 4 points 1 year ago

Good. Let's fucking get it over with.

[-] Thorny_Thicket@sopuli.xyz 2 points 1 year ago* (last edited 1 year ago)

Our entire economy is predicated on infinite growth, which doesn’t exist and isn’t possible.

You can sit in front of a computer using almost zero new resources while coding an application which you then sell to a megacorporation for 30 billion. The "inifite growth with limited resources" -argument doesn't hold.

this post was submitted on 26 Jul 2023
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