Comment on Why do companies always need to grow?
porcoesphino@mander.xyz 5 hours agoAn economic model that includes capitalism explains a lot of the world including having some close process analogs in nature.
A capitalist sounds like a label you’re trying to apply in an attempt to label someone as being maximally for profits. A lot of companies admittedly work that way and it’s important to include that concept.
By my reading you’re taking the use of the first term and then saying they are using the second term. I think this is called equivocation.
einkorn@feddit.org 5 hours ago
All companies work that way, or they risk to fail. The maximization of profit stems from the need to stay competitive. If your competitor can produce the same amount of goods for a lower price, you won’t be able to sell yours for a cost-covering price and therefore go bankrupt. Instead, you then have to find a way to be more efficient by investing in your business. To be able to invest, you have to have created profit. Once you have done that, your competitor has to do the same and the cycle starts anew. That’s the idea of modern capitalism.
I am not sure what you mean by that. I tried to show that just because someone sells something, they are not necessarily a capitalist.