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Agree, it’s complex topic, would be foolish to think I fully understand it and also appreciate your response. Ultimately, likely agree with you, but given I don
by O__________O 4y ago
Agree, it’s complex topic, would be foolish to think I fully understand it and also appreciate your response. Ultimately, likely agree with you, but given I don’t fully know the exact motives and reasoning of those people involved, I am reluctant to cast the situation as being exploitive without actual proof.
As for free markets, labor rates of lower class or for that matter even the middle class, no, I don’t think for a second that the market would be able to bare fare market rates at this point; this based on numerous complex and interrelated factors, many of which have been on going for 40-50 years. Ultimately, real question is if the economic growth the world has seen last 100 years is sustainable, and while I assume everyone wishes it was, it’s unclear. Globally though, poorest of the poor and wealthiest of the wealthy are doing better, everyone else is being “exploited”; obviously it’s the ultra wealthy doing the exploiting, and I would 100% agree with that.
I don’t though think capitalism is bad, just excessive capitalism that produces billionaire individuals, trillion dollar corporations, and multi trillion dollar nations.