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On the flip side, capitalism can enable greed to a global level never before seen, and communism (as in communist states as opposed to "True Communism") can enf
by CrackerNews 3y ago
On the flip side, capitalism can enable greed to a global level never before seen, and communism (as in communist states as opposed to "True Communism") can enforce a level of fairness given the limited resources. The former can dominate entire countries and create banana republics, and while the latter can inflict misery, it is not on the level of complete failed states where senseless violence roam the streets.
- proc0 3y agoIt seems that capitalism coincided with empires globalizing the world via colonization, and as such inherited imperialist "features" that are not necessarily tied to the idea of free markets and capital. Those companies that did horrible things for profit, are allowed to do so because of capitalism, but it's not an inherent feature of capitalism, in my limited knowledge. To that extent it's like we're trying to find an economic model that will solve for human greed in every possible scenario. Maybe it just needs to be complemented with other societal values or moral structures.