3 ms·
Can you define standard of living in non-monetary terms?Probably not. Yes, capitalism raises the monetary value of individuals the most. But if that again is a
by erikb 9y ago
Can you define standard of living in non-monetary terms?Probably not.
Yes, capitalism raises the monetary value of individuals the most. But if that again is a quality of life is discussable.
Since we are not living in feudalism, you wouldn't say raising the amount of inheritable titles you own is a quality of life. But that is what feudalism is best at. From a feudalist perspective capitalism sucks. You pay taxes on your inheritance, and you can only inherit ownership.
Capitalism also makes people grow apart, so from a communist perspective capitalism really sucks. Owning nothing but a good relationship with your neighbors would be valued highly in communism. In fact ownership doesn't really even exist in communist POV.
You need to evaluate the system from outside the system, or it's not really an evaluation.
- tertius 9y ago> standard of living Access to sanitation, medical treatment, nutrition, shelter, opportunity (the pursuit of happiness), justice. (I could go on...)