Like at some point won’t all of the profit be squeezed out of society?

  • Dasus@lemmy.world
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    12 days ago

    You’ve discovered capitalism’s super hidden secret; infinite growth on a finite planet is impossible.

    • palordrolap@fedia.io
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      12 days ago

      It is if you count your profit in terms of percentage of global profit, and then, should that break down, in terms of global wealth.

      Similar to how it’s impossible to reach the speed of light, it’s not possible to reach 100% of global wealth unless you’re the only sentient being left alive, but you can get arbitrarily close. And getting closer requires more and more human suffering, as reaching light speed requires more and more energy.

      Only time will tell whether the rich will (publicly) switch to this metric because so far, “Newtonian” measurements of profit have been sufficient, and fractions of global wealth generation look piddly by comparison.