Relentless growth is the ultimate logic of capitalism

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planted: 26/04/2025last tended: 26/04/2025

Relentless growth is the ultimate logic of capitalism.

This is bad.

The outcome of these competitive actions was eventually expressed in the mediumterm tendencies of capitalism: prices tangentially declined to the level of costs, profits across different industries tended to become equal, and relentless growth imposed itself as the ultimate logic of capitalism. This logic of accumulation became an implicit and taken-for-granted element embedded within every business decision: whom to hire, where to invest, what to build, what to produce, who to sell to, and so on.

Platform Capitalism

See also: growthism.

1. Elsewhere

1.3. Mentions

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