Comment on Why do companies always need to grow?
dylanmorgan@slrpnk.net 1 day agoI would argue that this is not really true under capitalism. The logic of capitalism is one of capital accumulation, which requires growth. Under other systems you still have markets and money and profits but there are other goals than the accumulation of capital and therefore achieving “homeostasis” is a successful strategy-a business run with consistent inputs and outputs which includes a sustainable profit.
hansolo@lemmy.today 1 day ago
You don’t need to argue anything, because there is no universal definition of capitalism. Were not trying to define it.
But the term itself requires capital to be involved, and for a business to exist, that capital needs to be reinvested in the business. That doesn’t require growth. The absolute minimal state simply requires pricing a good sold at a net profit. That’s all. Growth isn’t a requirement.