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by rlili 887 days ago
Right? Capitalism at its core relies on exponential growth, since every investor wants ROI. So acknowledging that exponential growth is a problem would go against the interests of pretty much all financial players.
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By the same token, the destruction of the earth is directly against the interests of pretty much all financial players, therefore environmentalism is not a concern because the market will self regulate.

...is the response with the same level of nuance as is present in your comment.

Human incentives are much more complicated than that. The incentives that capitalism creates are much more complicated than that.

> Capitalism at its core relies on exponential growth, since every investor wants ROI

No it doesn't. You can have capitalism in a world where growth is zero or negative, nothing much happens except the world getting slightly worse (a recession).

Criticisms of capitalism on the other hand do rely on BS claims about exponential growth.