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This community is diverse. It's just really in fashion today to be against capitalism and the rich. Marxism is the answer apparently. The interesting thing to
by YZF 1y ago
This community is diverse. It's just really in fashion today to be against capitalism and the rich. Marxism is the answer apparently.
The interesting thing to me isn't this community specifically, it's that all the prosperity that we (here anyways, for the most part) are enjoying, all the technological achievements, the lifting of billions of people from poverty ( https://ourworldindata.org/extreme-poverty-in-brief https://ourworldindata.org/extreme-poverty-in-brief ), elimination of many diseases, increased lifespan, were mostly achieved under some version of capitalism.
It's not that there aren't problems (lots) and it's not that the widening gap between the very rich and everyone else isn't a concern but the simple narratives are also wrong.
- skeezyboy 1y agoCapitalism speeds things up but its not the cause of innovation. Plenty of invention happens under other types of economic structures
- DoesntMatter22 1y agoCapitalism, really, when it comes down it is just individuals being able to profit off of the things they create. GDP per person throughout almost all of history (thousands of years at least) was less than $2 per day. Capitalism came along where people could actually profit off what they create and now on average it's about 40/day. If people can't profit off of things they won't innovate, and even if they did there is no market if people can't profit off it.
- skeezyboy 1y ago> If people can't profit off of things they won't innovate, and even if they did there is no market if people can't profit off it. patently absurd. no inventions before capitalism?
- DoesntMatter22 1y agoVery, very few by comparison. We have thousands of innovations every single day now. How many innovations can you name pre capitalism that had a major impact on society?