this post was submitted on 12 Feb 2024
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Futurology
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The same problem would arise in a hypothetical socialist socity.
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.