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THE PROFIT PROBLEM - by Peter Joseph from The Zeitgeist Movement. The Venus Project On The Edge (VIDEO) Part 4 of 10.
By Admin (from 06/10/2010 @ 11:00:34, in en - Science and Society, read 1676 times)

... CONTINUES.

2) The need for infinite growth. Infinite economic growth is not only mathematically unsustainable, but it is ecologically detrimental. While people can debate the theoretical nature of “capitalism” and how it is “supposed” to function, one thing is clear historically – it perpetuates/requires constant growth and consumption. The entire basis of the Market System is not the intelligent management of our mostly finite resources on this planet, but rather the perpetual extraction and consumption of them for the sake of profit and “economic growth”. In order to keep people employed, people must constantly buy and consume, regardless of the state of affairs within the environment and often regardless of product utility and basic necessity. This is the absolute reverse of what a sustainable practice would require, which is the strategic preservation and efficient use of resources.

In a sustainable society, a “steady-state” economy would be in order. This would mean that there is no pressure to consume, as labor is not linked into the feedback loop. While it is very difficult for most people today to imagine a world which does not impose the need for “labor for income”, it needs to be pointed out that the constant requirement for labor is nothing but detrimental in the modern day, especially in light of the growing efficiency of mechanization of labor across developed nations.

TO BE CONTINUED ...

Author: Peter Joseph ; Source: The Zeitgeist Movement - Newsletter July 1st, 2010