this post was submitted on 12 Feb 2024
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Futurology

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[–] [email protected] 0 points 9 months ago* (last edited 9 months ago) (1 children)

Except capitalism requires infinite growth, and will go catabolic and destructively consume modern “infrastructure” if it cannot grow. Such catabolic consumption and destruction is already in play, and the leading edge of which can be seen in the “pullback” of GenZ from any hope of home ownership and parenthood.

This significant reduction of a next generation of workers and consumers will cause a spiral of increasingly catabolic destruction as capitalism will go through increasingly desperate attempts to extract more and more profit from smaller and smaller spending-age populations, thereby exacerbating the economic decline and the lack of children.

[–] [email protected] 0 points 9 months ago (1 children)

capitalism is not the problem here, sorry.

The same problem would arise in a hypothetical socialist socity.

[–] [email protected] 0 points 9 months ago

Sorry, but no.

Capitalism is growth based. It requires infinite growth in order to operate normally, and we are on a finite planet.

Nothing within socialism points to growth of any kind, and well-structured socialism can even function well under degrowth conditions.

It is impossible for capitalism to function at all under degrowth conditions.