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> The benefits of capitalism seem well articulated and history supports many of the assertions This is if you ignore all the mass hunger or the homelessness th
by runarberg 4y ago
> The benefits of capitalism seem well articulated and history supports many of the assertions
This is if you ignore all the mass hunger or the homelessness that many people experience globally, or the mass exclusion from treatment which could be administrated but isn’t because people can’t afford it (take the recent misdistribution of covid vaccines which caused millions of unnecessary deaths).
And also if you ignore the climate disaster, which was caused by oil companies simply maximizing their profits, at the cost of all else, including our climate, engaging in a mass disinformation campaign to downplay the effect of carbon emissions, despite their own science telling them otherwise.
If you only focus on the upper and middle class of the richest nations, sure, this system does seem to work nicely. I’m sure you could say the same about communism if you only focus on Soviet upper party members.