As marx put it, the only way capitalism would survive is by keeping an infinite growth. Tech is a prime example of that phenomena, where new needs are being created out of thin air: subscriptions, software, etc… Cars, phones have begun to be necessary. That’s how capitalism survives still today: growing more and more by creating new needs for the individual. Except this growth is at the expense of finite ressources, and this is where we’re gonna hit a wall.
Maybe this explains we haven’t seen a capitalist collapse yet. But with today’s ecological concerns, it seems closer than ever
And yet it’s been 200 years since the ‘Imminent’ downfall of capitalism
https://en.wikipedia.org/wiki/Predictions_and_claims_for_the_Second_Coming
Same energy
As marx put it, the only way capitalism would survive is by keeping an infinite growth. Tech is a prime example of that phenomena, where new needs are being created out of thin air: subscriptions, software, etc… Cars, phones have begun to be necessary. That’s how capitalism survives still today: growing more and more by creating new needs for the individual. Except this growth is at the expense of finite ressources, and this is where we’re gonna hit a wall.
Maybe this explains we haven’t seen a capitalist collapse yet. But with today’s ecological concerns, it seems closer than ever