Specifically for neoliberal capitalism, it’s a fitting metaphor. The lack of tying capital to any concrete resources, constraints or externalities, with a supposition that infinite capital growth is possible, would actually lead to… the 20th century. Though nobody really buys this anymore, and is clearly just a justification to do horrible things in the name of making money. While greed has and will always destroy lives, communities and environments, the real damage of neoliberal capitalism is that it’s ahistorical. Removing people from the philosophical and social context in which the system was born and operates, makes it hard to see and hard to question for most people.
Specifically for neoliberal capitalism, it’s a fitting metaphor. The lack of tying capital to any concrete resources, constraints or externalities, with a supposition that infinite capital growth is possible, would actually lead to… the 20th century. Though nobody really buys this anymore, and is clearly just a justification to do horrible things in the name of making money. While greed has and will always destroy lives, communities and environments, the real damage of neoliberal capitalism is that it’s ahistorical. Removing people from the philosophical and social context in which the system was born and operates, makes it hard to see and hard to question for most people.