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In capitalism, attempts to change the status quo are always met with "but this will hurt profits!" In socialism, attempts to change the status quo are not met
by sophacles 4y ago
In capitalism, attempts to change the status quo are always met with "but this will hurt profits!"
In socialism, attempts to change the status quo are not met with "but fewer people will starve this way"
Whether or not the GP is correct, it's silly to feign ignorance of how this idea could come about.
- kortilla 4y ago>In capitalism, attempts to change the status quo are always met with "but this will hurt profits!" This is laughably stupid. The entire point of capitalism is to constantly disrupt the status quo of competitors to eat their margin. What you’re describing is some state run capitalism or state guaranteed monopolies where the only possible disruption could come from the government.
- iso1631 4y agoAttempts to reduce externalities are met with "but this will hurt profits!"
- sophacles 4y agoActually no. Im not describing anything about capitalism than what I see and hear on the broadcast/cable news and from the people who parrot it. Congress wants to pass a law making it illegal to torture children by throwing them into piles of burning puppies? Cue talking heads rambling on and on about economic impacts. Politicians on the other side talking about how $market_segment will suffer. Ceos/business owners talking about how it hurts them or worse, helps the competition. All with the terrifying footer note "opponents say this move will hurt profits". I'm not imagining anything, I'm merely saying what happens. If you want to claim that I'm stupid for saying what I see, call me Forest Gump and keep pretending you can't see what's in front of you. I'm sure your emperor is wearing clothes or whatever other fantasy makes you feel smug and safe.