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Didn't we already try the bread and circuses thing? Capitalism is exploitative by definition, civilizations lasted longer that it has existed so how "stabilizi
by falcongod082 7y ago
Didn't we already try the bread and circuses thing? Capitalism is exploitative by definition, civilizations lasted longer that it has existed so how "stabilizing" it is is certainly not a given, in fact there's evidence for the exact opposite. Capitalism doesn't "restore equilibrium", it dictates it, it's authoritarian and non-merit based.
- lucifirius 7y agoCapitalism is the private ownership of capital. That's the definition. Capitalism is also 100% merit-based and unauthoritarian. Nobody is forcing people to use Amazon or McDonalds or Walmart. You might be confusing it with socialism, which is authoritarian as hell and has no regard for merit...
- cyphar 7y ago> Capitalism is also 100% merit-based and unauthoritarian. Except for inherited wealth, government subsidies and large-business-friendly tax cuts, and regulatory capture (among many other examples)? Even for people who believe in capitalism as a religion, that statement is a bit too much.