this post was submitted on 17 Dec 2024
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[–] [email protected] 14 points 6 days ago (1 children)

There is no limit to accumulation itself (=> profit), but there is a law of diminishing returns, so to speak

Profit itself can trend towards infinity, but the rate at which it is extracted has a tendency to fall; in theory, a low rate of profit can continue for several centuries towards that $$$

In practice, however, we have to consider that war (and other means) can contribute to a destruction of capital; that unequal trade relations exist; that climate catastrophe is on the horizon; that humans cannot live forever; and so on.

tl;dr - assuming humans live forever, there is nothing setting a limit on profit itself

[–] [email protected] 16 points 6 days ago (1 children)

Rosa Luxembourg would probably disagree with me here and claim capitalism has a tendency towards its own collapse under the weight of its contradictions. For the moment, I do not share this viewpoint; I believe capitalism can only end by workers' self-conscious activity towards that aim and towards their own abolition.

[–] [email protected] 10 points 6 days ago

i don't think the two things are so different