5 ms·

Well then, that's pretty much an indictment of capitalism.

mrkstu 2y ago
Communism doesn't fare any better under that rubric. Any unbridled 'ism' taken to its extreme tends to fail most human centered tests.
- croisillon 2y ago
  Like athletism for example?
  - cyberax 2y ago
    Absolutely. See: doping, steroids.
- joquarky 2y ago
  The middle way requires an understanding of nuance that humanity seems to be unwilling to invest in.
croes 2y ago
Staff department vs Human Resources
lostlogin 2y ago
> an indictment of capitalism. Capitalism is the least bad system we have tried.
- yoyohello13 2y ago
  Therefore we should never talk bad about it or look in to alternatives.
  - otherme123 2y ago
    [flagged]
- makeitdouble 2y ago
  Who is "we" ? How many systems has "we" actually experienced first hand, and were the results such as you report them ?
  - oneshtein 2y ago
    "We" - humanity. "We" actually experienced all social systems "we" invented so far, which are allowed by "our" productivity.
    - makeitdouble 2y ago
      Humanity did fine with other systems that capitalism. Hunter gather societies were well adapted to their environments, Tibetan monks dealt with human relations differently etc. It would be crazy to assume that the whole humanity longs for capitalism whatever their situation or belief system, the same way _we_ don't assume any current form of capitalism is specially superior to other alternative forms that could better benefit our situations.
- TylerE 2y ago
  I can think of at least one (Northern European style Socialism) that is better to live under via virtually any metric for 99.99% of people - and that includes the majority of users of this site that think they are some sort of tech unicorn. Just not having insurance tied to employment would be such a massive win.
  - ZeroGravitas 2y ago
    A: That's not socialism! B: What is it then? A: It's free-market capitalism with good regulation and a comprehensive social welfare system. B: Well, let's do that! A: No, that's socialism!
- joquarky 2y ago
  Openly and fairly regulated capitalism, yes.
daedrdev 2y ago
This is an indictment if bad leaders and politics, which also happens under other economic systems as we have clearly seen
oneshtein 2y ago
Yep. Just look at countries with unbounded capitalism, like Russian Federation after fall of Soviet Union. It was a mess. Developed countries installs thousands of regulations (100k - 2M regulatory acts per developed country) on top of wild capitalism to tame it. However, even heavily regulated liberal capitalism is better than other systems.

Communism doesn't fare any better under that rubric. Any unbridled 'ism' taken to its extreme tends to fail most human centered tests.

croisillon 2y ago
Like athletism for example?
- cyberax 2y ago
  Absolutely. See: doping, steroids.
joquarky 2y ago
The middle way requires an understanding of nuance that humanity seems to be unwilling to invest in.

croes 2y ago

Staff department vs Human Resources

lostlogin 2y ago

> an indictment of capitalism. Capitalism is the least bad system we have tried.

yoyohello13 2y ago
Therefore we should never talk bad about it or look in to alternatives.
- otherme123 2y ago
  [flagged]
makeitdouble 2y ago
Who is "we" ? How many systems has "we" actually experienced first hand, and were the results such as you report them ?
- oneshtein 2y ago
  "We" - humanity. "We" actually experienced all social systems "we" invented so far, which are allowed by "our" productivity.
  - makeitdouble 2y ago
    Humanity did fine with other systems that capitalism. Hunter gather societies were well adapted to their environments, Tibetan monks dealt with human relations differently etc. It would be crazy to assume that the whole humanity longs for capitalism whatever their situation or belief system, the same way _we_ don't assume any current form of capitalism is specially superior to other alternative forms that could better benefit our situations.
TylerE 2y ago
I can think of at least one (Northern European style Socialism) that is better to live under via virtually any metric for 99.99% of people - and that includes the majority of users of this site that think they are some sort of tech unicorn. Just not having insurance tied to employment would be such a massive win.
- ZeroGravitas 2y ago
  A: That's not socialism! B: What is it then? A: It's free-market capitalism with good regulation and a comprehensive social welfare system. B: Well, let's do that! A: No, that's socialism!
joquarky 2y ago
Openly and fairly regulated capitalism, yes.

daedrdev 2y ago

This is an indictment if bad leaders and politics, which also happens under other economic systems as we have clearly seen

oneshtein 2y ago

Yep. Just look at countries with unbounded capitalism, like Russian Federation after fall of Soviet Union. It was a mess. Developed countries installs thousands of regulations (100k - 2M regulatory acts per developed country) on top of wild capitalism to tame it. However, even heavily regulated liberal capitalism is better than other systems.