Damus
Bogdan Buduroiu · 6w
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqgfdrrw9629qxwvwaa3vwnvzhtaqu2c5m9wf6vcwjnmdnhs7hl4jsk0npc0 this makes a big assumption, namely that consumers are still needed. If you look at t...
Lord Caramac the Clueless, KSC profile picture
@nprofile1q... @nprofile1q... Capitalism is doomed. It is a type of economy which only works as long as there is long term net growth, but we have already exceeded the global growth limits of our planet, meaning that the economy can't really grow anymore, and sooner or later it will begin to shrink dramatically, with absolutely no possibility of ever growing again.

The cleverer part of the rich know this, which is why they're switching from capitalism to feudalism.
1
Bogdan Buduroiu · 6w
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqwpj4fmqtta9rm5we78pwxjhhjtw6ffy6mhyu5vck0krr8gkjdels2jnj9h > Capitalism is doomed Yes. > but we have already exceeded the global growth limits of our planet Also yes. > The cleverer part of the rich know this, which is why they're switchin...