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this post was submitted on 08 Jan 2024
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I will sing the praises of capitalism because I understand it in a way most people on this site do not. It has done more to improve the standard of living and bring people out of poverty than anything.
Yes there are poltical issues in our society, especially America which isn't the world and isn't the only capitalist country. But that is a political issue.
People just need to think more about politics and understand how the economy works more. That's where the issues lie.
That's fine. Our trajectory is pretty well set anyway. We'll keep insisting more growth/metastasis is the solution for the consequences of reckless growth/metastasis.
Have fun blaming everything except the root cause on the way down.
If someone comes up with a better alternative I've love to hear it.
So far no one has.
There are many.
That's a co-op.
They exist in capitalism. There is no reason they are seperate to capitalism. They aren't.
Plenty of co-ops have existed. But in a modern world with globalisation shares are easier to manage than co-ops.
So many alternatives to capitalism.
I'm not watching a 30 minute video from some randomer youtuber.
You'll have to condense it and tell me why if this alternatives are better than capitalism have they never been used and why aren't they being used now?
Well no tankies on this site wants to learn basic economics so why should I listen to some random guy rambling on for 30 minutes.
I don't think it's too much to ask for you to explain coherently and succinctly your point.
The fact you can't shows you're more interesed in spamming easy to copy links in hope that you can overwhelm me with content and beat me into submission. It just shows you have a poor defense and are resorting to other means to win an argument that don't rely on the argument itself.
You’re not worth the time.
It's very easy to be a contrarian if you just point out issues without understanding the system as almost everything in the world has some form of issues. But it is a lot harder to understand than system and fix it and it's a lot harder to understand that system well enough and come up with an alternative. You don't understand capitalism and you don't understand the alternatives.
I think you should learn some economic theory. Maybe go out and buy a economics 101 book or watch some YouTube videos.
Great advice. Maybe I’ll give Das Kapital a try.
Maybe this
I did some research and couldn’t discern if the author was a classical economist, or a proponent of Keynesian or neo-Keynesian economics. Regardless, until the “invisible hand” remedies poverty from wealth inequality and homelessness nonexistent; I’ll stick with Marxism.
Homelessness can be fixed with government spending and capitalist countries has largely fixed homelessness. There always going to be some people that don't want a home forwhatever reason so never going to be 0 unless you lock certain people in their homes.
Well yea we will all have equal weather when we have nothing under Marxism. Not sure that's ideal though.
It is ideal to me. Overconsumption and Climate Change. Something’s going to give. And Mother Nature doesn’t bank at Wells Fargo.
Communism is inefficient though it leads to more waste. And not to mention most of the biggest ecological disasters have happened under communism.
Good luck short-selling during the water wars.
Technology and science is pushing humanity forward.
And despite capitalists claims, it's the government supplying both, not the corporations.
Take billions in public funding, sell the result for profit, claim no one else could do that and no alternative exists.
Tale as old as time.
You need to look up the amount of funding corporations do verses government.
Also government spending in a capitalistic society is a good thing. It's like education. Governments put money into education and get "nothing" back for it. It just wastes money. But Governments do not work like businesses. Governments work through taxes so anything that can increase the amount of taxes they make is a good thing.
So something like education or funding is a cost that is recuperated in taxes.
Getting business to do things is just more efficient then doing it state controlled. That's why America did so well from the war and Germany had issues.
The understanding of economics and capitalism is very low on this website.