Sure. For one, the growth imperative means that any business must return a profit as its primary function. If profits are hard to come by, that can lead to things like predatory lending and higher fees for consumers, not to mention investment in environmentally destructive, but profitable, activities. Second, by commodifying human necessities like housing and turning them into investment vehicles, housing is increasingly unaffordable for working people as prices go up. I could go on, if you’d like, but I think those are both fairly compelling arguments.
Can you prove that the structure of capitalism is why we’re being screwed over by banks and hedge funds?
Sure. For one, the growth imperative means that any business must return a profit as its primary function. If profits are hard to come by, that can lead to things like predatory lending and higher fees for consumers, not to mention investment in environmentally destructive, but profitable, activities. Second, by commodifying human necessities like housing and turning them into investment vehicles, housing is increasingly unaffordable for working people as prices go up. I could go on, if you’d like, but I think those are both fairly compelling arguments.