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!
Pure capitalism allows many to abuse the system and that results in what we have today here in the us. Overtime politicians have continued to do patchwork to simply get by for the next one to take over and scrap whatever agenda the previous one had in play. Which makes the problems worst and in turn takes longer to address.
We need both legislation and accountability for alot of things but it seems to be impossible to get both of those things. Hell, I dont care that your rich. Just dont bring everyone down with you when you take that one gamble and it causes everything to crash!
Pure capitalism is just an idea, a thought experiment if you will. Actual capitalism that’s to be implemented requires regulation and accountability. The government is one of the fingers of the invisible hand.