I agree, not on the obvious moral grounds of capitalism's every man for himself problem; rather, because as you point out, capitalism requires constant growth, and this is not sustainable on a planet with finite resources.
Because the fractional banking system corrupts everything that it touches by masquerading debt as currency. Usury corrupts all systems of governance and finance that it touches.
I don't disagree with what you just said, but I think you're complicating the question by bringing up fractional reserve banking. Supposing we had a sound money system, would capitalism require constant growth?
I agree, not on the obvious moral grounds of capitalism's every man for himself problem; rather, because as you point out, capitalism requires constant growth, and this is not sustainable on a planet with finite resources.
Why does capitalism require constant growth?
Because the fractional banking system corrupts everything that it touches by masquerading debt as currency. Usury corrupts all systems of governance and finance that it touches.
I don't disagree with what you just said, but I think you're complicating the question by bringing up fractional reserve banking. Supposing we had a sound money system, would capitalism require constant growth?
Interesting. I can see it going that way.