Hi all,

I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.

Cheers!

  • @[email protected]
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    1 year ago

    edit: You know down voting something doesn’t make it untrue? This is true whether you like it or not.

    Every time I ask for “capitalism” problems I get answers about what the government does.

    “too big to fail”? Government bailouts.

    “antitrust”? Government granted monopolies and making the laws so that barriers to entry are too big.

    “police shootings” Government gang.

    “inflation”? Government monetary policy.

    “colonization”? Government expansion

    “not enough social programs”? Government policy.

    Then you’ve got the sub-70s who go on about “exploitation” which is rooted entirely in fiction.

    Life requires work. All life everywhere. Humans aren’t exempt from this; demanding that others do all your work and provide for you or free isn’t going to work.

    Some of these people would complain that they have to chew their own food.

    People forget that capitalism has lifted literally billions of people out of poverty, it’s advanced our technology to where it’s basically magic. It increased the amount of food we can grow with fewer people allowing people to move past subsistence farming (which many socialist countries reverted to).

    Capitalism uses people greed to provide better, cheaper, faster versions of things…

    Then the government gets involved and instead of blaming the government they’re told to blame capitalism, so they do.

    • Piecemakers
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      21 year ago

      This is what a fundamental lack of comprehension on the topic looks like, folks. Stay in school, and don’t be afraid to say “I don’t know”.