Update
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

You can falsify this claim, but you will fail.

[media=https://youtu.be/SQDfA3mtwGc]
Top | New | Old
DeWayfarer · 61-69, M
Not a good argument on why capitalism will fail.

And it will.

Why it isn't a good argument? Because capitalism has realized that there's money in the Internet. Everything on the Internet now is about more advertising. It even goes now into tracking everyone on the Internet itself.

Better argument is the very principle of compound interest. The more you compound, the more interest is made. And the compounding can and has gotten smaller and smaller and smaller within technology itself.

This smaller compouding leads to infinite interest. So there's a huge separation from the base, the amount, and actual wealth from the interest.

These capitalist jerks are applying that compound interest principle to technology itself.

The separation though will eventually be so great that the whole capitalistic system must collapse.
PDXNative1986 · 36-40, MVIP
@DeWayfarer I didn't mean in the royal you kinda way I mean in the broader sense of this knowledge that like that multitouch interface I mentioned emerged originally at the university of Delaware and then Jobs Bought the Patent from the University, That's important historical context because it shows why the universities are so important.
PDXNative1986 · 36-40, MVIP
@DeWayfarer Without university research, smartphones would not be very smart https://www1.udel.edu/udaily/2015/oct/university-research-100814.html
DeWayfarer · 61-69, M
@PDXNative1986 i will agree there.

I did say that rate of interest is a factor. Yet capitalism is based still on the compoud interest. Eg on the government funding.

 
Post Comment