this post was submitted on 27 Dec 2023
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It's surprising that your education in business did not include a section in economic efficiency. My American business education really leaned in on that concept, so maybe that's where our views diverge.
Having said that, your argument isn't compelling. Your entire counterargument is, "Your example is not reality". Can you provide a case study or a real life example of your suggestion in practice?
Oh shit yeah, america known for it's wealth inequality, homeless and bailing out big business. Hopefully not from Trump University?
Asking for case studies after spouting a hypothetical... "I would like to see documentation, if it's an argument against the thing, that I didn't present with any."
But sure, I'll just call up my old employer and ask if I can look through his files, because an american can't believe capitalism isn't the only way. Hope he remembers me. I will also look through my old phone to see if I can find pictures of the empty automated, highly taxed, leading bakeries (like Pågen) that made the bread with the machines we produced.
Okay so it seems I struck a nerve, sorry that wasn't my intention. I pointed out my different background to illustrate why I might have a different perspective than you.
Until now, I've never heard of a situation where an automation tax has been implemented, so a case study would be a great way for me to understand the circumstances that led to it working. I'll look into Pågen when I have a chance, since that seems like it could be a lead.
Capitalism certainly isn't the end-all solution, but arguably it's one of the best systems we've come up with so far.
I think that we in the US don't have nearly enough regulations to rein in the negative aspects of capitalism, but the most popular argument against further regulation is that it stifles innovation, and that's scary enough to people that we aren't taking enough steps to get ahead of it.
Also... Trump University 😂😂😂