I’ve seen innovators get some investment and build small businesses. They do this because they think they can create a new product that consumers will want. This is the catering to the public. It’s a risk as they put up their own money, time and effort. It’s not desperate, its a job, but they get to run it. If it works out, they end up with a stake in a worthwhile enterprise and they can get financial rewards. And society ends up with a new product or service. They needed capital investment to get things off the ground, and they had to convince someone with money to make that investment. The person fronting the startup costs gets some financial reward if it works out. So they are motivated to invest in development costs. If the company grows and grows and tries to overcharge, another startup should be able to get some of their business by being more efficient and not as greedy. It can work if the government can enforce rules against anti-competitive behaviors, and regulations about how to treat workers.
Right, we’ve certainly let it get out of control in the U.S. and many other western countries, to lesser degrees. But what else has been shown to work without falling into a fascist nightmare or nose diving quality of life for the majority? As they say, capitalism is the worst system, except for all the others.
Uh, you really should look at the history of quality of life during the communist transitions of both China and the USSR. The incredibly deadly, massive famines that are often pointed to as ‘failures’ are closer to a reversion back to the norm.
The massive poverty reduction often cited as “see capitalism works!” Is >75% China’s communist conversion. Even the world bank admits this! How the hell does a nation of peasant farmers transitioning into the most industrialized and modernized nation on earth, and largely eliminating global poverty, constitute a “nose diving quality of life for the majority”!?
As they say: capitalism is the worst system, except for all the others.
They being idiots with a complete lack of media, historical, political and/or mathematical literacy!
Sure, but you’re picking China for its success in poverty reduction and ignoring it’s authoritarian and oppressive policies. The USSR collapsed financially, so it doesn’t make a good example of anything.
No system is perfect and I’m surely not saying capitalism is. They all require constant adjustment and governments that prioritize the well being of the people. This always fails because humans are assholes regardless of the governmental system.
What is your metric for “authoritarian and oppressive”? I lean towards incarceration rate and judicial+extrajudicial deaths per capita. Now do the China(authoritarian communist) vs USA(freedomian capitalist) comparison.
The USSR collapsed financially, so it doesn’t make a good example of anything.
That’s what we call cherry-picking. Post-USSR Russia has a significantly higher quality of life than pre-USSR even after the “financial collapse”. I strongly encourage your to read into Mikhail Gorbachev and how his move toward democratic socialism led to the “financial collapse” and the kleptocracy that began with Boris Yeltsin.
This always fails because humans are assholes regardless of the governmental system.
So why do you insist on rewarding the absolute WORST of ‘human nature’?!
You sou d very sure of yourself, and yet also insecure with your harshness. It’s almost like you have an attachment to your desired logical outcome, but you can’t actually face any facts that explore other possibilities. I wish you the best and I’m sure you mean well, but maybe try to be a bit more open minded? Proof of innovation is all the innovation that the western capitalist countries have achieved. Much of it is irrelevant, but such is the way of science and technology - it’s a trial and error process. China has specifically copied the US capitalist model to create technological innovation. But I’m guessing you’ll just insult me for pointing such things out.
I’ve seen innovators get some investment and build small businesses. They do this because they think they can create a new product that consumers will want. This is the catering to the public. It’s a risk as they put up their own money, time and effort. It’s not desperate, its a job, but they get to run it. If it works out, they end up with a stake in a worthwhile enterprise and they can get financial rewards. And society ends up with a new product or service. They needed capital investment to get things off the ground, and they had to convince someone with money to make that investment. The person fronting the startup costs gets some financial reward if it works out. So they are motivated to invest in development costs. If the company grows and grows and tries to overcharge, another startup should be able to get some of their business by being more efficient and not as greedy. It can work if the government can enforce rules against anti-competitive behaviors, and regulations about how to treat workers.
It turns out reality is a bit different than the 5th grade textbook you keep regurgitating.
That is an incredibly naïve and reductionist perspective.
Right, we’ve certainly let it get out of control in the U.S. and many other western countries, to lesser degrees. But what else has been shown to work without falling into a fascist nightmare or nose diving quality of life for the majority? As they say, capitalism is the worst system, except for all the others.
Uh, you really should look at the history of quality of life during the communist transitions of both China and the USSR. The incredibly deadly, massive famines that are often pointed to as ‘failures’ are closer to a reversion back to the norm.
The massive poverty reduction often cited as “see capitalism works!” Is >75% China’s communist conversion. Even the world bank admits this! How the hell does a nation of peasant farmers transitioning into the most industrialized and modernized nation on earth, and largely eliminating global poverty, constitute a “nose diving quality of life for the majority”!?
They being idiots with a complete lack of media, historical, political and/or mathematical literacy!
Sure, but you’re picking China for its success in poverty reduction and ignoring it’s authoritarian and oppressive policies. The USSR collapsed financially, so it doesn’t make a good example of anything.
No system is perfect and I’m surely not saying capitalism is. They all require constant adjustment and governments that prioritize the well being of the people. This always fails because humans are assholes regardless of the governmental system.
What is your metric for “authoritarian and oppressive”? I lean towards incarceration rate and judicial+extrajudicial deaths per capita. Now do the China(authoritarian communist) vs USA(freedomian capitalist) comparison.
That’s what we call cherry-picking. Post-USSR Russia has a significantly higher quality of life than pre-USSR even after the “financial collapse”. I strongly encourage your to read into Mikhail Gorbachev and how his move toward democratic socialism led to the “financial collapse” and the kleptocracy that began with Boris Yeltsin.
So why do you insist on rewarding the absolute WORST of ‘human nature’?!
I don’t. I want to reward innovation. And avoid some again. Human nature gets in the way in all systems.
What is your metric for “innovation”? How much you wanna bet that as soon as you define it and do a real comparison your thesis falls apart again?
Your belief on “quality of life” is vapid bullshit.
Your belief on “oppressive and authoritarian” is vapid bullshit.
Do you have some other thought terminating cliche else that you’re going to try and deflect with?
You sou d very sure of yourself, and yet also insecure with your harshness. It’s almost like you have an attachment to your desired logical outcome, but you can’t actually face any facts that explore other possibilities. I wish you the best and I’m sure you mean well, but maybe try to be a bit more open minded? Proof of innovation is all the innovation that the western capitalist countries have achieved. Much of it is irrelevant, but such is the way of science and technology - it’s a trial and error process. China has specifically copied the US capitalist model to create technological innovation. But I’m guessing you’ll just insult me for pointing such things out.