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Are You Ready to Consider That Capitalism Is the Real Problem?

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Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#31
post #13

Earlier quoted context omitted.

USA spends 50% of its budget on health-care and social security. Looks pretty socialist to me.

I agree, probably a big part of why the standard of living has dropped so much in recent years. We should reduce the budget significantly. Government massively missallocates resources

Keep up the good work. You are such a great example of Poe's law. I can't even

Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#32

There's a quip in the show "Archer" (forget exactly the words) where Mallory tells everyone something along the lines of "move up to my tax bracket and see if you keep spouting that socialist propaganda". I found it hilarious because it is true for many out there that if you suddenly find yourself moved from your minimum wage job with Obamacare insurance into a position of making a huge salary with legit benefits, yo…

yes, people are always motivated by self interest, even for what seems like altruistic actions the underlying motivation is that it makes them feel good about themselves.

Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#33

Earlier quoted context omitted.

Capitalism has caused hundreds of millions of deaths as well, without the same military interference that socialist countries have experienced. Your analysis needs a lot more nuance.

Can you give me examples that come anywhere close to Nazi Germany, Soviet Russia, Mao's China, Cambodia, Vietnam, etc?

Sure!

America did it twice: native genocide and African slavery.

Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#34
post #5

Socialists/Communists not satisfied with 200 million+ deaths, must want to hit an even 1 billion. Blows my mind people can even be calling for socialism while we have a real time implosion going on in Venezuela right now. It's ending like every other socialist regime in history, cannibalism, famine, riots, and murder. Meanwhile one of the United State's biggest problem is obesity due to being so prosperous. Actually…

While socialism/communism were good excuses to concentrate enormous amount of power and dictate every aspect of people's lives, the ideas were never the problem. It's just those concentrating wealth want you to believe otherwise, so they can keep get wealthier and wealthier. It's not that hard to help the poor without a dictatorship, the system is already in place in every country in the world, just one small law and there will be no more homeless, poor and unhealthy, only slightly annoyed and less rewarded rich.

Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#35
The big danger, IMO, is the sheer frustration that the modern social and economic system puts on the demographic mentioned (18-29 year olds). "Maybe we should start smashing stuff until things are better" is really unappealing when you have a meaningful job, a spouse and children, a house, or are otherwise invested into the system. And when you're frustrated enough to have a negative view of markets, well, the field is ripe for extraordinarily dangerous mass movements.

Millennials are infantilized until later in life and, by and large, haven't been allowed to hold real responsibility until 22 or ever later. The affordability of passing gate-keeping milestones - such as owning a home, or getting a degree, or affording a stay-at-home wife and children - in terms of available opportunities has risen drastically. The divorce rate has risen tremendously, having an unprecedented rise in adults raised in broken homes.

Like, congratulations Baby Boomers, you successfully made housing and education expensive enough that your loans and real estate let you retire off the proceeds of people working to pay off their crushing debt. That just means a generation of angry single men in their twenties working pointless jobs, living with their parents, and frustrated with their inability to fulfill their social needs. If you're not scared of creating this demographic, you haven't studied history and psychology.

Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#36

There's a quip in the show "Archer" (forget exactly the words) where Mallory tells everyone something along the lines of "move up to my tax bracket and see if you keep spouting that socialist propaganda". I found it hilarious because it is true for many out there that if you suddenly find yourself moved from your minimum wage job with Obamacare insurance into a position of making a huge salary with legit benefits, yo…

yes, people are always motivated by self interest, even for what seems like altruistic actions the underlying motivation is that it makes them feel good about themselves.

I'm sure there's a name for this but a modern day label could be the "Facebook Syndrome", where seemingly endless goals of altruism is at its core, motivated by self interest and feeling good about oneself, to the detriment of the people you profess to be helping.

Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#37

This article reads to me like a long list of problems caused by government and blamed on capitalism. I'm biased though - I'm an anarcho-capitalist, and I've spent orders of magnitude more time considering these sorts of questions than the vast majority of people who are not so politically involved.

Sorry, but sounds like something straight out of /r/iamverysmart

Do you have any historic evidence that countries with smaller governments are wealthier & more efficient than countries where government spending is a large proportion of the GDP? (hint: it's all the western developed democracies)

Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#38

Earlier quoted context omitted.

The news must be covering up the ongoing massacres in Norway.

Just a reminder -> social democracy is not socialism.

Why not? The state takes resources from the wealthy and uses them to provide services to the general population. That's socialism in a nutshell.

Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#39
post #9

Everybody knows that capitalism has problem. The trick is figuring out what the next better bad system would be. And as far as I can see the richest, smartest and most powerful people are currenlty all thinking hard exactly about that question. So far nobody has found the answer, but suggestions are welcome.

Anonymity of elected officials.

Re: Are You Ready to Consider That Capitalism Is the Real Problem?

#40

I think the deeper problem is that labor has no pricing power. Capitalism works for more people when people who earn a salary can buy things that increase real demand for companies. But workers are strapped for money, and have no real political assistance or prospects for a better future. Earning a living is increasingly a sucker's game. Unfortunately, America's political system doesn't allow for a nuanced solution t…

Aren't unions the way to give labor pricing power? Of course the problem with Unions is that they are a big Prisoners Dilemma game. You need everybody in the union or the people outside of it undercut the whole system.

Globalism makes it extremely difficult to maintain unions without significant government support. Can you imagine a scenario where every textile worker in the world was a member of a union? How horrible would it be if they couldn't be kept as wage slaves and paid pennies per hour out in Bangladesh? Your clothes would cost more for sure.

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