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Capitalism has been tried more times than communism and has failed to reward productive people more times. It's 2023. The absurd idea that, for example, the bi

Capitalism has been tried more times than communism and has failed to reward productive people more times. It's 2023. The absurd idea that, for example, the billionaires pushing the Metaverse or burning Twitter to the ground got there by being productive, is thoroughly disproven. Stop pushing this motivated ideology.

satvikpendem 3y ago
Capitalism has lifted billions out of poverty. Even China, who is communist in name, only started experiencing high economic growth once Deng Xiao Ping started reforming the state to be more market oriented, ie capitalism-lite.
- daskapitalism 3y ago
  I would love for capitalism to stop being treated like a child with all these monetary policies, interests rate massage, bank bailouts, etc. Ludwig Von Mises was right about the business cycle. Hands off the free market dammit!
  - satvikpendem 3y ago
    Don't create an account just to specifically reply to one comment.
    - shutupidiot 3y ago
      [flagged]
- kerkeslager 3y ago
  > Capitalism has lifted billions out of poverty. It's not clear that capitalism was a necessary component of globalisation or the progress of technology, both of which are adequate to explain any benefits capitalism might claim. What is clear is how many billions capitalism has kept in poverty while the top 1% get absurdly rich. 10 men had more wealth than 3.1 billion people in 2021[1]. The US, supposed beacon of capitalism, can't even provide housing, healthcare, or education for its people, despite having the largest GDP of any country in the world. You claim capitalism a success, but the only way you can do that is by turning a blind eye to the capitalism's total failures. > Even China, who is communist in name, only started experiencing high economic growth once Deng Xiao Ping started reforming the state to be more market oriented, ie capitalism-lite. You claim China has experienced economic growth: who in China has experienced that? Capitalists love to lump everyone in a country together in their measures of economic growth as if everyone is benefiting, but that's not the case. And the thing is, I'm not even a communist, per se. But I sure as hell am against a few lucky capitalists getting fat off the labor of billions of people. [1] https://www.oxfam.org/en/research/inequality-kills https://www.oxfam.org/en/research/inequality-kills
  - galfarragem 3y ago
    > You claim capitalism a success, but the only way you can do that is by turning a blind eye to the capitalism's total failures. Some countries have to build (real or metaphoric) walls to prevent people from getting in... Some countries have to build (real or metaphoric) walls to prevent people from getting out...
    - kerkeslager 3y ago
      Would you care to respond to my post? All you've done is show you don't understand that correlation isn't causation.

satvikpendem 3y ago

Capitalism has lifted billions out of poverty. Even China, who is communist in name, only started experiencing high economic growth once Deng Xiao Ping started reforming the state to be more market oriented, ie capitalism-lite.

daskapitalism 3y ago
I would love for capitalism to stop being treated like a child with all these monetary policies, interests rate massage, bank bailouts, etc. Ludwig Von Mises was right about the business cycle. Hands off the free market dammit!
- satvikpendem 3y ago
  Don't create an account just to specifically reply to one comment.
  - shutupidiot 3y ago
    [flagged]
kerkeslager 3y ago
> Capitalism has lifted billions out of poverty. It's not clear that capitalism was a necessary component of globalisation or the progress of technology, both of which are adequate to explain any benefits capitalism might claim. What is clear is how many billions capitalism has kept in poverty while the top 1% get absurdly rich. 10 men had more wealth than 3.1 billion people in 2021[1]. The US, supposed beacon of capitalism, can't even provide housing, healthcare, or education for its people, despite having the largest GDP of any country in the world. You claim capitalism a success, but the only way you can do that is by turning a blind eye to the capitalism's total failures. > Even China, who is communist in name, only started experiencing high economic growth once Deng Xiao Ping started reforming the state to be more market oriented, ie capitalism-lite. You claim China has experienced economic growth: who in China has experienced that? Capitalists love to lump everyone in a country together in their measures of economic growth as if everyone is benefiting, but that's not the case. And the thing is, I'm not even a communist, per se. But I sure as hell am against a few lucky capitalists getting fat off the labor of billions of people. [1] https://www.oxfam.org/en/research/inequality-kills https://www.oxfam.org/en/research/inequality-kills
- galfarragem 3y ago
  > You claim capitalism a success, but the only way you can do that is by turning a blind eye to the capitalism's total failures. Some countries have to build (real or metaphoric) walls to prevent people from getting in... Some countries have to build (real or metaphoric) walls to prevent people from getting out...
  - kerkeslager 3y ago
    Would you care to respond to my post? All you've done is show you don't understand that correlation isn't causation.