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See, capitalism doesn't try to turn it to everyone's advantage. It turns it to the advantage of wealth. It immediately ensures a socioeconomic caste system of n
by deprecative 2y ago
See, capitalism doesn't try to turn it to everyone's advantage. It turns it to the advantage of wealth. It immediately ensures a socioeconomic caste system of nobility, workers, and freeloaders. Nobility freeloads but convinces workers that those beneath them are there because they're parasites. It gives the illusion of economic democracy while ensuring the ruling class can live in luxury as they always have. People like to pretend you can regulate capitalism into something else but capital always wins and capital regulates the regulations.
- HDThoreaun 2y agoIm not going to claim capitalism doesnt have problems. Clearly you are right that it leads to inequality with freeloaders. Its just that every single economic system has this same problem, and the non capitalism ones also suppress innovation and growth. You know the ruling class in every communist system has lived in luxury, right?
- roenxi 2y agoExperimentally speaking the nobility, workers, and freeloaders seem to be independent of the system. Even the attempts at communism ended up like that (although horribly organised). Capitalism has a plan for how to cope with that dynamic and make sure that the powerful don't break the capital that modern society depends on. Non-capitalist systems don't seem to have a mechanism to do that.