I hate this argument, like yeah it is right, but what is the limit? If we have 8bi people, and it can hold a few trillion, we could still grow a incomprehensible ammount.
(No, climate change doesn’t show we hit the limit, there is more than one limit, and it shows the limit of carbon emissions, growth doesn’t require carbon)
But we’ll still need to switch to communism before we hit a few trillion in population.
But your framing of the issue, and the post, miss one of the key points of the infinite growth paradox - the productive capacity of the human workforce is also limited. And we’re beginning to hit that limit. 100 years ago, the average household worked 40 hours a week at a factory with a wife at home to do chores. Today, the average household works 80 hours a week at an office and does chores on weekends. Where is all that extra labour value going? Into the pockets of billionaires. And every year, the billionaires expect more profits than the year before.
Everyone is burnt out and most people will never own a house. We’re approaching the limit of what workers can give to Capital. The system will assuredly fall when we hit the absolute of that limit, and Capital is trying to get AGI running before then so that capitalism doesn’t have to end when that limit is reached.
I hate this argument, like yeah it is right, but what is the limit? If we have 8bi people, and it can hold a few trillion, we could still grow a incomprehensible ammount.
(No, climate change doesn’t show we hit the limit, there is more than one limit, and it shows the limit of carbon emissions, growth doesn’t require carbon)
But we’ll still need to switch to communism before we hit a few trillion in population.
But your framing of the issue, and the post, miss one of the key points of the infinite growth paradox - the productive capacity of the human workforce is also limited. And we’re beginning to hit that limit. 100 years ago, the average household worked 40 hours a week at a factory with a wife at home to do chores. Today, the average household works 80 hours a week at an office and does chores on weekends. Where is all that extra labour value going? Into the pockets of billionaires. And every year, the billionaires expect more profits than the year before.
Everyone is burnt out and most people will never own a house. We’re approaching the limit of what workers can give to Capital. The system will assuredly fall when we hit the absolute of that limit, and Capital is trying to get AGI running before then so that capitalism doesn’t have to end when that limit is reached.
A fine point if anyone in control of the unlimited growth we’re accounting for it in any meaningful way.
I think the limit depends on the exact item/market. Which is a nuance, and this is the Internet, nuance isn’t allowed here.