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How convenient it is that, whenever capitalism has a negative effect, people rush to say "oh but its not real capitalism, they're doing it wrong. That would nev
by ahoy 4y ago
How convenient it is that, whenever capitalism has a negative effect, people rush to say "oh but its not real capitalism, they're doing it wrong. That would never happen"
- yamtaddle 4y agoI think it's weird people are stuck on treating the real-world system of capitalism and ideals about how markets should work as synonymous. It's possible to criticize capitalism for its failures without necessarily questioning the underlying ideals about markets. They're not the same thing. Markets and market-thinking predate capitalism, and exist in and affect all kinds of non-capitalist systems, today and historically. They aren't solely a feature of capitalism, and capitalism isn't the same thing as markets.
- hbrn 4y agoI don't know any capitalism advocate that claims capitalism is perfect. It just happens to be way better than all of the suggested alternatives. And your No True Scotsman example is typically heard in reference to communism in USSR/China. I'll choose my billionaires over famine any day.