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| Topic | C/D: Capitalism is unsustainable in the long run |
| averagejoel 04/26/20 10:04:30 AM #38: | uwnim posted... Actual economic growth only occurs when more things are able to be made with a given amount of resources. Other types of growth are illusions created by inflation. Issue is that there's a limit to how few physical resources can go into a physical product and still function. Labor can continue to be made more effecient, however, if made perfectly effecient, you end up with infinite product made with 0 labor which means the value of labor is 0. You don't need to get to 0 though to make the value of labor too low to support the economy.this would be a non-issue in an economic system that wasn't fixated primarily on generating profit for corporate overlords. --- peanut butter and dick ... Copied to Clipboard! |
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