this post was submitted on 29 Sep 2023
6 points (100.0% liked)

Socialism

127 readers
1 users here now

Rules TBD.

founded 5 years ago
MODERATORS
dessalines@lemmy.ml
6
(Question) Why capitalism require growth? (slrpnk.net)
submitted 1 year ago by JustJack23@slrpnk.net to c/socialism@lemmy.ml
6 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] JustJack23@slrpnk.net 1 points 1 month ago

A year later I have some insights into my own question.

One major reason our current system requires constant growth is debt.

Debt is usually issued with interest meaning you have to return more money that you took. This requires you to create more money or grow in some way.