Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
I think I see the problem: You think you have capitalism in the US. You do not have capitalism in the US (or Canada, or Europe). You have regulated capitalism.
The more capitalism you have, the fewer rules and regulation.
Capitalism in its true, unfettered form with no rules will give you everything I said: Externalize everything, low/no pay, unsafe conditions, poison your workers, etc, etc,
But we have regulated some bad parts. This regulation is not the result of capitalism. It expressly goes against capitalism.
They can’t because we (unions/govt) said hey we need rules on this capitalism, because look at the effects of capitalism.
If they could, they would do: Externalize everything, low/no pay, unsafe conditions, poison your workers, etc, etc. That is the point of capitalism.
So we’re back to the funny part. Now you ascribe the success of unions/government to be the success of capitalism. Funny how that works huh. All the problems of capitalism, you ascribe to government. And all the success of unions/government, you ascribe to capitalism. You have now turned around everything to fit your narrative.
Slavery, child labor, killing your workers (I don’t think you’ve read about the radium girls) is literally the pinnacle of capitalism. It’s literally what capitalism resulted in, it’s all over history.