I am aware of the ugly side of capitalism. But I’m also a realist and I have not seen a better alternative for organizing industrialized economies than a market economy. It’s fine to shout “socialism!” but actual Socialist planned economies have not done well (and it is well understood why) while the many, many ideas for various utopian-sounding decentralized systems are so-far totally unproven.
Of course if you think we should give up on our lives with electric vehicles and PlayStation 5s, sure, you don’t need capitalism. There’s simply no need to exploit other people if everything you need is made locally with simple tools. But I’m not sure how many people will want to go back to this kind of lifestyle, though it would arguably be better for the planet and humanity.
I am aware of the ugly side of capitalism. But I’m also a realist and I have not seen a better alternative for organizing industrialized economies than a market economy. It’s fine to shout “socialism!” but actual Socialist planned economies have not done well (and it is well understood why) while the many, many ideas for various utopian-sounding decentralized systems are so-far totally unproven.
Of course if you think we should give up on our lives with electric vehicles and PlayStation 5s, sure, you don’t need capitalism. There’s simply no need to exploit other people if everything you need is made locally with simple tools. But I’m not sure how many people will want to go back to this kind of lifestyle, though it would arguably be better for the planet and humanity.