Not everyone on my side of the political Spectrum thinks the same way. But if you are pro capitalist. You simply aren’t thinking. Capital, markets, and currency. All existed before capitalism. The only thing capitalism did was justify the wealth and power of the wealthy and Powerful Beyond being simply born to wealthy powerful people. Now you get to be a wealthy powerful person by having capital. Which ironically just so happens to be most common among people born too powerful people. New boss same as the old boss. Funny how that works.
I hate capitalism, I just don’t know of a better alternative. Nordic socialism is just capitalism with a big government. Soviet socialism failed miserably (it turns out, it is very hard to plan an economy). I have never heard a solid plan for communism that works on a national scale, never mind a plan for transitioning to such a society.
On the other hand, capitalism works reasonably well most of the time and we can just fix issues with it when they crop up (and we have a big backlog of issues to fix).
Capitalism does not work reasonably well most the time. Unchecked it leads to countless busts and Booms that leave the average person destitute. You really should look into the history of the early 20th century. The only reason we even still have capitalism. Is because of two massive world wars. Slaughtering and grinding up many tens of millions of people. As well as passage of basic Social Security nets. We’ve largely at least abandoned the spirit of. If if not in practice as well.
Capitalism has been a failure at every level. Constantly. That isn’t a justification or Praise of leninism. There’s a lot of other ideologies on the Socialist side Beyond leninism. And they don’t require large National level government. Look into them sometime.
Is there any system that is more fair and/or gives you more freedom? I havent found any.
On a hypothetically completely free capitalist market, I can sell and buy whatever I wish and the value that I get when selling directly correlates to the value I’m bringing to the buyer. If I generated a lot of value, I have more capital so I can also buy more value using that capital. Sounds fantastic in theory.
Soviet socialism failed miserably (it turns out, it is very hard to plan an economy).
Did you actually check? Because based on a bunch of metrics I saw the USSR did pretty well compared to the feudalism that came before it and the capitalist “democracy” that came after its illegal and undemocratic dissolution.
There are three kinds of lies. Lies, Damned lies, and statistics. First you lose points by linking to a supposed study behind the paywall. Second you lose points by that study being conducted by The Fraser institute. A solidly right wing group. With a less than credible reputation.
I apologize for only attacking the messenger on this. Though that should be enough to dissuade anyone from trusting it. But you didn’t link to anything that actually proves your point that we could read to argue against their flawed methodology, definitions, sampling, and data Gathering strategy. I’m sure we could attack and pick apart those endlessly. But I’m not going to pay 30 bucks to do it.
Uh, no shit. Economic freedom means not being destitute. Of course that makes you happier than not. What are you trying to prove, here? Do you think economic freedom is synonymous with capitalism, or only possible through it?
All you have to do is go find people who came from nothing and built themselves a good, comfortable life. Ask them what they did to be successful. Decide whether you’re willing to do that amount of work - then do it, or don’t.
I don’t understand why this is so complicated for people… You don’t need money to be content with your station in life. I was happy when I was young and poor, and I’m happy when I’m late 30’s and solidly upper middle class. Maybe I’ll make the millions someday with a great idea, and maybe I won’t.
I don’t care about billionaires as long as they keep signing my 6-figure paychecks. Better than the $5/day I got bailing hay as a kid on the farm where I grew up.
Define nothing. And then Define wealthy. Then we’ll talk. Bill Gates did not build from nothing. Jeff Bezos did not start from nothing. Elon Musk did not start from nothing. Harlan Crow did not start from nothing. The Koch brothers did not start from nothing. The Mercers did not start from nothing. Peter Thiel did not start from nothing. Mitt Romney did not start from nothing.
A ton of people who pretend to start from nothing. Started out with more access and resources than many people could imagine. More than many people will ever see personally in their lifetime.
No one making minimum wage in the United States can afford their rent anywhere in the United states. Millennials and younger are struggling to even buy homes or be financially secure. Most Americans are a single emergency medical or otherwise from being bankrupt. It’s the biggest indicator of your future wealth and success is who you were born to.
The reason you don’t understand why this is so complicated for people. Is because you don’t understand the basic supposition being made. Most people don’t and that’s the problem. The fact that most people use the phrase “pull themselves up by their bootstraps” out of context and unironically should be a massive indicator of how uneducated people are on the subject. But everyone is capable of understanding if they want to. Please do some reading on the subject. Even a small amount. It won’t take much to help get you up to speed.
I expected you to be a pro-capitalist shill but then you pull out this. Bravo. I misjudged you. Going back to where you said you support capitalism, I think your idea of capitalism is just outside the bullseye. Like you obviously understand a lot, I don’t need to explain much to you. I think your inaccuracy comes from linking currency with capitalism, which a lot of people do. They’re not the same thing. Keeping in mind I’m going to keep things in the most basic terms, capitalism, socialism, communism, are all different forms of distributive justice. Capitalism says, whomever contributes the most capital to an endeavor deserves the most distribution, labour is just a cost. Socialism says, whomever contributes labour deserves the most distribution, and communism says everyone deserves equal distribution regardless of labour and capital. You’re really close to the bullseye though, so close I’m not sure my comment is even worthwhile.
Not everyone on my side of the political Spectrum thinks the same way. But if you are pro capitalist. You simply aren’t thinking. Capital, markets, and currency. All existed before capitalism. The only thing capitalism did was justify the wealth and power of the wealthy and Powerful Beyond being simply born to wealthy powerful people. Now you get to be a wealthy powerful person by having capital. Which ironically just so happens to be most common among people born too powerful people. New boss same as the old boss. Funny how that works.
I hate capitalism, I just don’t know of a better alternative. Nordic socialism is just capitalism with a big government. Soviet socialism failed miserably (it turns out, it is very hard to plan an economy). I have never heard a solid plan for communism that works on a national scale, never mind a plan for transitioning to such a society.
On the other hand, capitalism works reasonably well most of the time and we can just fix issues with it when they crop up (and we have a big backlog of issues to fix).
Capitalism does not work reasonably well most the time. Unchecked it leads to countless busts and Booms that leave the average person destitute. You really should look into the history of the early 20th century. The only reason we even still have capitalism. Is because of two massive world wars. Slaughtering and grinding up many tens of millions of people. As well as passage of basic Social Security nets. We’ve largely at least abandoned the spirit of. If if not in practice as well.
Capitalism has been a failure at every level. Constantly. That isn’t a justification or Praise of leninism. There’s a lot of other ideologies on the Socialist side Beyond leninism. And they don’t require large National level government. Look into them sometime.
Is there any system that is more fair and/or gives you more freedom? I havent found any.
On a hypothetically completely free capitalist market, I can sell and buy whatever I wish and the value that I get when selling directly correlates to the value I’m bringing to the buyer. If I generated a lot of value, I have more capital so I can also buy more value using that capital. Sounds fantastic in theory.
Did you actually check? Because based on a bunch of metrics I saw the USSR did pretty well compared to the feudalism that came before it and the capitalist “democracy” that came after its illegal and undemocratic dissolution.
The data shows that economic freedom is associated with greater life satisfaction . That doesn’t mean that every billionaire is a good guy or that corporations don’t break the law.
There are three kinds of lies. Lies, Damned lies, and statistics. First you lose points by linking to a supposed study behind the paywall. Second you lose points by that study being conducted by The Fraser institute. A solidly right wing group. With a less than credible reputation.
I apologize for only attacking the messenger on this. Though that should be enough to dissuade anyone from trusting it. But you didn’t link to anything that actually proves your point that we could read to argue against their flawed methodology, definitions, sampling, and data Gathering strategy. I’m sure we could attack and pick apart those endlessly. But I’m not going to pay 30 bucks to do it.
Uh, no shit. Economic freedom means not being destitute. Of course that makes you happier than not. What are you trying to prove, here? Do you think economic freedom is synonymous with capitalism, or only possible through it?
The way they measure economic freedom is based on how free you are to start a business and things like that.
So, freedom to exploit?
All you have to do is go find people who came from nothing and built themselves a good, comfortable life. Ask them what they did to be successful. Decide whether you’re willing to do that amount of work - then do it, or don’t.
I don’t understand why this is so complicated for people… You don’t need money to be content with your station in life. I was happy when I was young and poor, and I’m happy when I’m late 30’s and solidly upper middle class. Maybe I’ll make the millions someday with a great idea, and maybe I won’t.
I don’t care about billionaires as long as they keep signing my 6-figure paychecks. Better than the $5/day I got bailing hay as a kid on the farm where I grew up.
Define nothing. And then Define wealthy. Then we’ll talk. Bill Gates did not build from nothing. Jeff Bezos did not start from nothing. Elon Musk did not start from nothing. Harlan Crow did not start from nothing. The Koch brothers did not start from nothing. The Mercers did not start from nothing. Peter Thiel did not start from nothing. Mitt Romney did not start from nothing.
A ton of people who pretend to start from nothing. Started out with more access and resources than many people could imagine. More than many people will ever see personally in their lifetime.
No one making minimum wage in the United States can afford their rent anywhere in the United states. Millennials and younger are struggling to even buy homes or be financially secure. Most Americans are a single emergency medical or otherwise from being bankrupt. It’s the biggest indicator of your future wealth and success is who you were born to.
The reason you don’t understand why this is so complicated for people. Is because you don’t understand the basic supposition being made. Most people don’t and that’s the problem. The fact that most people use the phrase “pull themselves up by their bootstraps” out of context and unironically should be a massive indicator of how uneducated people are on the subject. But everyone is capable of understanding if they want to. Please do some reading on the subject. Even a small amount. It won’t take much to help get you up to speed.
https://cew.georgetown.edu/cew-reports/schooled2lose/
https://www.cnbc.com/2021/07/14/full-time-minimum-wage-workers-cant-afford-rent-anywhere-in-the-us.html
https://www.businessinsider.com/millennials-house-home-real-estate-mortgage-rates-rent-debt-boomers-2022-9
https://www.norc.org/research/library/most-working-americans-would-face-economic-hardship-if-they-miss.html
I expected you to be a pro-capitalist shill but then you pull out this. Bravo. I misjudged you. Going back to where you said you support capitalism, I think your idea of capitalism is just outside the bullseye. Like you obviously understand a lot, I don’t need to explain much to you. I think your inaccuracy comes from linking currency with capitalism, which a lot of people do. They’re not the same thing. Keeping in mind I’m going to keep things in the most basic terms, capitalism, socialism, communism, are all different forms of distributive justice. Capitalism says, whomever contributes the most capital to an endeavor deserves the most distribution, labour is just a cost. Socialism says, whomever contributes labour deserves the most distribution, and communism says everyone deserves equal distribution regardless of labour and capital. You’re really close to the bullseye though, so close I’m not sure my comment is even worthwhile.