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I would not say that capitalism is bad per se. It is pretty good at what it does and I find it hard to imagine that we could have made the economic growth and r
by danbruc 12y ago
I would not say that capitalism is bad per se. It is pretty good at what it does and I find it hard to imagine that we could have made the economic growth and reached today's level of wealth without capitalism. But it has its flaws and I see no way it is sustainable for much longer. And instead of recognizing that we can not grow forever and seek for a transformation to something more sustainable it seems to me we are pushing capitalism to its ultimate limits. Not stopping until hitting a brick wall. HFT seems an iconic example of that to me.