The Mudcat Café TM
Thread #98740 Message #1971397
Posted By: autolycus
18-Feb-07 - 06:01 AM
Thread Name: BS: Economic Truth
Subject: RE: BS: Economic Truth
I think both of the crunch points are being avoided by one and all.
Capitalism requires unending growth. If a company/corporations don't grow, investors take their money elsewhere.
On the other hand
The planet has only finite resources. At some time,everything we require that can't regrow quickly enough (so food's o.k.,iron isn't) will run out - no 'might run out' - just will. [I loook forward to a time when there is no stuff,just ideas in an ideas economy.] As the planet does,what will happen to those corporations?