And most of the time you’d be right.
Wherever there is a need there is potential for exploitation by greed. Of course capitalists without a leash are going to wreak havoc on everything.
Capitalism by definition is about exploiting labor and extracting wealth. Commerce is the ethical application of purchasing goods and services.
Yep, it’s obvious that that’s how many people here see all their problems.
Many people have problems related to income inequality. We went to college, got good jobs, and we still don’t have enough money to maintain the lifestyle we were promised. We don’t live in a socialist country, we live in a capitalist country.
What were you promised? Like, owning a home? Home ownership rates in the US have been in the 63-70% range during all of 1966-2023, almost completely stable. Local purchasing power is #5 in the world for americans. What exactly is the problem over there?
We in Europe are having it much worse if you look at the data, especially now when Russia is being fucking Russia.
Now do the home ownership rate in socialist countries
(Hint, the “American dream” of owning a home is much easier under socialism)
Me when I see any problem anywhere:
Overpopulation
Overpopulation is also because of capitalism to a large degree
unregulated anarcho-free market capitalism. THAT’S the problem.
In a real free market, the banks that committed so much fraud in 2008 that they crashed the economy wouldn’t have gotten bailouts.
GM and ford both went bankrupt multiple times from their own greed and stupidity. In a real free market, they wouldn’t have gotten bailouts. Or the airline companies, no bailouts for them in a free market either.
In a real free market companies will lobby the government to bail them out.
Removed by mod
And it’s the root cause vast majority of the time.
Not really
yes really
Really not really
whatever helps you sleep at night I suppose
