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• robin_reala 4y ago
  I’m no great defender of capitalism, but feudalism did a great job at that a long time before capitalism.
  • mr_toad 4y ago
    Or any system where owners of property could extract profit by employing non-owners of property. Much of the strife in the later Roman Empire was caused by large property owners exploiting slaves and depriving non land owners (including many legionaries) of a chance of making an income. Said legionaries and other plebeians supported politicians with a policy of land reforms. Not to mention the poverty of the slaves themselves.
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• DowsingSpoon 4y ago
  It’s well documented that there were no poor people at all prior to the publishing of The Wealth of Nations in 1776. /s
• hbn 4y ago
  Similar to how modern medicine made 40 an early age to die
• krrrh 4y ago
  It's hard for me to understand how someone can hold this view, and it's hard to know where to start, but no. As capitalism has expanded it has dramatically reduced absolute poverty. It's not even close, and the change only got more dramatic when communism collapsed as an alternative. https://ourworldindata.org/uploads/2013/05/World-Poverty-Since-1820-750x535.png https://ourworldindata.org/uploads/2013/05/World-Poverty-Sin...
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• extragood 4y ago
  There's an interesting argument in 'Sapiens: A Brief History of Humankind' [1] that capitalism is primarily responsible for the Enlightenment period in Europe. By the same token it may also be associated with some of the worst aspects of (relatively) recent history, such as colonialism and the slave trade. [1] https://www.goodreads.com/book/show/23692271-sapiens https://www.goodreads.com/book/show/23692271-sapiens
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