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Iterating means refining what works, which means we have to take a step back and recognize the successes of capitalism over the past couple of centuries. Only
by FredPret 3y ago
Iterating means refining what works, which means we have to take a step back and recognize the successes of capitalism over the past couple of centuries.
Only then can we intelligently try to address any failures in a non-destructive way.
- RankingMember 3y agoYou say "Only then", but in the US these failures already were being addressed (see: New Deal) until they were pulled back in the 80s. I think people are rightly frustrated by this.
- FredPret 3y agoIf people looked at a graph of their real income and wealth over time, they'd be delighted, not frustrated
- RankingMember 3y agoWealthy people would be, yes of course, but what about the vast majority whose wages have stagnated since then? https://www.pewresearch.org/short-reads/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ https://www.pewresearch.org/short-reads/2018/08/07/for-most-...