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Mostly, not absolute. We have flukes like Theranos and FTX. But for the most part. It's not a matter of opinion, the media and progressives have convinced thems
by systemvoltage 3y ago
Mostly, not absolute. We have flukes like Theranos and FTX. But for the most part. It's not a matter of opinion, the media and progressives have convinced themselves that we should abandon capitalism while Asian countries have adopted it wholesale and lifting people out of poverty at an unprecedented rate.
Meanwhile, our progressive centers are crumbling. And we want more of this–and it manifests in the most glib form as–Billionaire hate.
The reason why you're seeing so much push back for this manifesto is because it goes against the power centers of progressivism.
- adventured 3y agoIt's of course far more broad: every liberalized, affluent country on the planet has intentionally adopted market based economic systems. Absolutely none of them are Socialist, Fascist, or Communist, and there are no exceptions. Norway, Sweden, Denmark, Finland (to name some of the most popular targets) - none of them are remotely close to being Socialist, and those are the only super nice countries the pro-statist crowd can ever pick from (when declaring that Socialism works). They all rely heavily on market based economic systems, they are all massively loaded with private wealth (typically the most millionaires per capita of anywhere), and the extreme majority of their economies are privately owned and private operated. They are in fact solid demonstrations that market based economies are vastly superior to statist economies.
- systemvoltage 3y agoYou're pretty much spot on, I was addressing the trend and the rate of change, and a more general zeitgeist. Of course, the drumming of the state expansion that you see ad-nauseum on HN and elswhere. Anti-car culture. The kindness industrial complex which has led to insane amount of suffering ironically. Refugee crisis and migration policies. People on welfare. The rise of academic expert class. The DEI industrial complex. All of these IMO converge to: You will own nothing, and you'll be happy. WEF agenda is explicitly laid out for you read.
- jjulius 3y agoI don't necessarily disagree with this at a high level, but it doesn't really have anything to do with the idea that we have to listen to what someone has to say simply based on their level of wealth, or that their level of wealth automatically makes them "inspiring".