this post was submitted on 07 Nov 2023
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I think there's one important distinction.
Capitalism is a "rich-get-richer" system.
In any finite economy, this is immoral, because one person (or small group) wins, and everybody else loses. By definition. And once you're a loser, you're sunk.
So capitalist apologists rely on the illusion/dream of limitless growth because it means they get to pretend that when they steal from you they are somehow "creating value".
Just because the rich get richer doesn’t mean the poor get poorer. Look at the data.
... The data that shows that as worker productivity increases, worker income doesn't increase proportionally?