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What do you understand by capitalism? Is it people delivering products and services, asking for whatever price the market is willing to give, such that they ca
by bad_user 3y ago
What do you understand by capitalism?
Is it people delivering products and services, asking for whatever price the market is willing to give, such that they can make ends meet?
I'm from Romania and I've always been fascinated by privileged westerners complaining of capitalism, when capitalism is the entire reason for why you're privileged. That, plus the hard fact that our communists didn't give a shit about preserving nature or brown bears. Actually, our former dictator was going bear hunting, one if his favorite pass times, and wasn't satisfied without a killing spree with dozens of bears as victims. There are videos of it available. And nobody could do shit about it, because we had no rule of law. For the rule of law, you actually need capitalism, but many of you haven't lived the collective trauma that we did, so that kind of lesson tends to be lost in time.
- malermeister 3y agoI'm from Vienna. The reason I'm privileged is the legacy of Red Vienna and the Austromarxists, who built the social housing and the modern welfare state that makes Vienna the most livable city in the world. Your communists sucked, for sure. But that was a personnel issue more than it was an ideological one.
- fgsdgfsdgfd 3y agoMost of Austria's growth was attributed to privatizing state corporations since the 1980s. Austria had a higher GDP/capita than the USA in 2008 ($52k vs $48k) but it hasn't grown since while the USA has blown up ($52k vs $77k)
- keybored 3y agoI’m not at all surprised (or fascinated) that younger former Soviet-bloc people are even more delusionally optimistic about Capitalism than Westerners on a tech entrepreneur forum.