this post was submitted on 12 Jan 2025
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It’s crazy that they could lose 90% of everything and still have more than 99.999% of the population of the planet, yet they keep fighting to make sure they have more and more and even more.
I think the mistake here is thinking it's about "things" or material objects. Most people interface with money at a basic level: you can buy a new jacket, reliable car, a sizeable home, etc. However, at the level that you are with these billionaires, it's no longer about having things or owning things. It's about having more power to do things.
For example, there's are some fun little calculators where you can calculate all the things that some could spend their money on https://neal.fun/spend/ https://www.spend-elon-fortune.com/
At this point it's an imperialist kind of mindset, where you want to own multiple corporations, properties, and show it off to your wealthy colleagues that you are the best at X. It's probably not unlike how professional athletes will destroy their bodies with steroids to become the best in the world, just the negatives are externalized.
It's a mental illness. They have to have more power, if not money...
"To speak of 'limits to growth' under a capitalistic market economy is as meaningless as to speak of limits of warfare under a warrior society."
A quick scan of Bookchin’s wiki entry is interesting. He simultaneously suggests that there are multiple ways to run economic systems yet seems to indicate that capitalism isn’t one of them. Ah well, if he’s anti-capitalist he’s gonna stick to his guns.