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this post was submitted on 12 Jul 2023
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Because infinite growth of profits on a finite planet.
Capitalism is unsustainable. We're seeing what happens in late capitalism. The belts tighten, the workers get left in the dust, the products consumers actually want get the axe.
Yeah this part bothers me. To these companies a solid profit stream is not viable. It has to be iPhone level growth year after year or they think it’s failing and axe it. It’s quite annoying. Eventually you will hit a plateau. That just means it’s a mature market, not failing. Grrrr…
You see the same shit on streaming services. "Oh this show has been out for two days and hasn't reached Game of Thrones level of popularity already? Let's remove it from existence forever."
While companies today are certainly overzealous in their drive for growth, it is a myth that infinite economic growth is impossible. It is not only possible but necessary: https://medium.com/@oliverwaters_76079/the-strange-necessity-of-infinite-economic-growth-ebc2e505cdf1
Only two kinds of people believe in infinite growth; economists and psychopaths.
Infinite growth is cancer's credo.