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> People pursuing profits is what has lifted is all out of poverty. No, it's not. People were living in abject poverty during capitalism heyday. It was only wh
by coliveira 2y ago
> People pursuing profits is what has lifted is all out of poverty.
No, it's not. People were living in abject poverty during capitalism heyday. It was only when society decided that enough was enough and capitalists had to pay taxes to fund pensions, schools, sick time, vacations, etc., that people started to have a decent life.
- mattmaroon 2y agoWe are currently living in capitalisms heyday. Fewer people are living in abject poverty than ever.
- coliveira 2y agoNo, in the developed countries we have a mix of socialism and capitalism. Pure capitalism has produced only fortune for the rich and misery for the population.