• Wanderer@lemm.ee
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    10 months ago

    I will sing the praises of capitalism because I understand it in a way most people on this site do not. It has done more to improve the standard of living and bring people out of poverty than anything.

    Yes there are poltical issues in our society, especially America which isn’t the world and isn’t the only capitalist country. But that is a political issue.

    People just need to think more about politics and understand how the economy works more. That’s where the issues lie.

    • AllonzeeLV@lemmy.world
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      10 months ago

      That’s fine. Our trajectory is pretty well set anyway. We’ll keep insisting more growth/metastasis is the solution for the consequences of reckless growth/metastasis.

      Have fun blaming everything except the root cause on the way down.

      • Wanderer@lemm.ee
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        10 months ago

        If someone comes up with a better alternative I’ve love to hear it.

        So far no one has.

    • msage@programming.dev
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      10 months ago

      Technology and science is pushing humanity forward.

      And despite capitalists claims, it’s the government supplying both, not the corporations.

      Take billions in public funding, sell the result for profit, claim no one else could do that and no alternative exists.

      Tale as old as time.

      • Wanderer@lemm.ee
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        10 months ago

        You need to look up the amount of funding corporations do verses government.

        Also government spending in a capitalistic society is a good thing. It’s like education. Governments put money into education and get “nothing” back for it. It just wastes money. But Governments do not work like businesses. Governments work through taxes so anything that can increase the amount of taxes they make is a good thing.

        So something like education or funding is a cost that is recuperated in taxes.

        Getting business to do things is just more efficient then doing it state controlled. That’s why America did so well from the war and Germany had issues.

        The understanding of economics and capitalism is very low on this website.