revsdd
Well-Known Member
And yes, I get it that theoretically, a capitalist economy can expand forever, because it's not physical, yes, but. Practically, when that happens, the currency becomes hilarious ($50 for a stick of gum), then worthless, and must be "re-created". It ALWAYS hurts the poorest the most. I'm not against capitalism. I'm against "Free Market Global Capitalism" as it currently exists. Like finding the "right" religion, there's probably a "Humanist Socialist Democratic Compassionate Creative Capitalism" that works for every culture.
More precisely, currency becomes worthless when a capitalist economy expands too quickly; when it gets out of control. Gradual expansion doesn't have the same impact. When out of control, I agree that capitalism hurts the poor the most.