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All facts (those that are not lies) are true under specific circumstances/environment. Capitalism is bad. This statement is not always correct and neither is it
by mmsimanga 8y ago
All facts (those that are not lies) are true under specific circumstances/environment. Capitalism is bad. This statement is not always correct and neither is it always wrong. When unchecked, capitalism is bad. Capitalism also gave rise to SpaceX, Apple ...
- MrFantastic 8y agoApple, SpaceX exists because of Free Markets. There is no reason to think they required our current flavor of Capitalism to come to fruition.
- mmsimanga 8y agoI am not sure I follow the point you are making. The point I was trying to make is that there are good and bad things about capitalism. Often people are always against capitalism or always pro-capitalism but it isn't as simple as that. When you start delving into details you will find some things about capitalism are good and some aren't so great. I for one tink capitalism is the best of the worst lot. I don't think much of the banking and finance systems that are part of capitalism today. As far as I know and I am not economics professor, Free Market is a component of capitalism. Once you produce the goods the market will decide on the price.