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Yes, capital grows exponentially and nothing else in the real...

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tigmeister

13,700 Posts.

128

15/07/18

23:24

Post #: 34357623
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Originally posted by ididwork ↑

I don't have time to watch all the videos. However, from what I can gather, the argument is as follows.

Inequality is part of a market economy/capitalist society. There are two sets of 'laws' in operation. Scientific models of thermodynamics prove this.

The capitalists get their income from capital - not from trading or selling their labour. They are operating under a different set of 'laws'.

Their capital grows exponentially by compound interest - thus they attain exceptionally high levels of wealth and the gap grows even wider.
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Simply, if you have no capital or are unable to work for whatever reason, you are screwed. As hard as it is, we have to distribute the wealth.

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Yes, capital grows exponentially and nothing else in the real world can do this. All of nature, the climate and humanity are thus subjected to the laws of capital, and all problems are viewed from this perspective, as though it were a feature of nature.
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