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!
At least, in the United States, I think what most people actually hate is “Reaganomics”. That’s a form of capitalism that greatly benefits the wealthy at the expense of everyone else.
Before Reaganomics, the US had a thriving middle class. That was under FDR’s version of capitalism.
All forms of capitalism benefit the capital owning class. They created this system exactly to do that.
From the state, to nationalism, to the police, to banking and finance, wage labour etc etc. It’s all capitalism and it’s all to benefit the capital owning class.
How the hell would it be any other way?
Everything we have that make this shit more liveable was won with blood by leftists, syndicalists, communists, anarchists etc. The 8 hour workday, weekends, benefits, minimum wages, public health…
There is no capitalism that is good for “everyone else” ever. Why would the system controlled by capital owners benefit anyone but them??
Exactly, if Reagan didn’t implement those economic crime laws, another politician eager for power would.
Nah, that’s just capitalism getting into its final stages. You can slow it down by regulations, but you can’t stop it.
How do you know this? What capitalist society has fallen apart that you can point to as an example?
Why when there are breadlines, war, civil unrest, homelessness, unemployment etc. etc. in a capitalist country “That’s ok! It’s just part of the market cycles”…
But some of those things (ONLY SOME) happened in a “socialist” country and “That system can’t work! See, it falls apart!”?
I mean do you want to see a capitalist country falling apart? See the US in 1929? Germany in the 30s? The Chinese republic in the early 1900s? Somalia now? The UK is heading there… Also what about “shock therapy” in the former USSR in the 90s? That was a failure I’d say… And what about pretty much all countries facing extreme poverty and general destitution nowadays?
Bro show me a country where capitalism has succeeded?
