5min chapter

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How Degrowth Will Save the World with Jason Hickel

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CHAPTER

The Growth of Profit Is the Central Goal and Purpose

Growth is m growth is the central goal and purpose of capitalism. If facebook just kept continuing to produce the same amount of profits per year, then that would be a zero % growth. So major companies like facebook are under pressure to expand productive capacity every year so as to expand the quantity of profit they can produce. Is cont ofh endless treadmill of expansion? Of course there's an alternative: politicians could introduce ecological economists which have been calling for a long-term sustainable energy policy.

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