3 ms·
Capitalism and the Industrial Revolution have produced many astonishing successes. Even Communist China bought into it after looking at the Asian success in Kor
by michaelwww 4y ago
Capitalism and the Industrial Revolution have produced many astonishing successes. Even Communist China bought into it after looking at the Asian success in Korea and Japan. I don't think many would disagree with this. There are anti-capitalist people but I'd like to hear more about their successful alternative systems.
What's being said, I think, is that we could do even better
Inequality and America’s Lost Einsteins
https://kottke.org/17/12/inequality-and-americas-lost-einsteins https://kottke.org/17/12/inequality-and-americas-lost-einste...
- jschveibinz 4y ago> We are on the verge of ending capitalism… I am curious to see some data to back up your assertion. Here is some data that suggests that the world economy is growing exponentially. Access to capital is a basis for this economy. https://ourworldindata.org/grapher/world-gdp-over-the-last-two-millennia https://ourworldindata.org/grapher/world-gdp-over-the-last-t... It is this same economic growth that has fueled the global rise in quality of life. This article (2016) shows improvement in quality of life over time: https://www.vox.com/the-big-idea/2016/12/23/14062168/history-global-conditions-charts-life-span-poverty https://www.vox.com/the-big-idea/2016/12/23/14062168/history... But I stand ready to be corrected by your data.
- michaelwww 4y agoThis is the comment you meant to reply to: https://news.ycombinator.com/item?id=32705193 https://news.ycombinator.com/item?id=32705193