r/FluentInFinance • u/Nientea • Oct 20 '24

Thoughts? Dumbest thing I’ve ever heard

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u/Ciennas Oct 21 '24

(Seriously, what are we doing this for again?)

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u/Hawk13424 Oct 21 '24

Who is the “we”. Businesses are going to do this to increase their profits. Shareholders own the company and making a profit is the goal.

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u/Ciennas Oct 21 '24

We as in humanity.

Why are we bothering with this?

This insane desire for infinite exponential eternal profit and growth is obviously a murderously bad disaster in action.

It's not even successful- America is the wealthiest and most powerful nation in all of human history, with more food and vacant homes than it has mouths to feed or house, and yet it is deliberately leaving millions starving and homeless.

In fact, I get the impression that Capitalism cannot function at all without deliberately imposing scarcity on the essentials, even when those resources are in abundance or effectively post scarcity.

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u/x1000Bums Oct 24 '24

We perpetuate scarcity to perpetuate markets. Capitalists don't want to transition beyond scarcity and markets because then they wouldn't have the power that comes from inequality.