this post was submitted on 29 Jul 2023
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Showerthoughts

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Capitalism is nothing but a giant pyramid scheme. (infosec.pub)
submitted 1 year ago by its_a_mit@infosec.pub to c/showerthoughts@lemmy.world
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[–] chicken@lemmy.dbzer0.com 3 points 1 year ago

an eventual lack of ability to recruit more people

Global population growth is slowing and predicted to halt within the next few decades.

The modern economy has always relied on an environment of growth, which will now end. In some ways this resembles a pyramid scheme; in the past anyone making investments in the economy could count on a larger new generation of people coming into the market needing to exchange their labor for those hoarded resources. Since this is no longer going to be the case, new entrants to the market are going to be getting a lot less for their effort than they may have expected based on past trends.