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!
Except that Capitalism has proven to be a world-changing entity. We aren’t talking about fancy ideas in someone’s head or in a closely controlled laboratory experiment. Real life. The rise of the post-war American middleclass was one of the biggest growth of wealth spread out to the largest group of people in human history. The 50s and 60s were an economic miracle where companies competed which led to some amazing innovations and upward mobility for works. Of course then came the doldrums of the 70s and then the disaster of the Reagan Administration and everything went to shit. Enter stage unfettered capitalism.
This guy thinks unfettered capitalism only began in the 70s lol did u learn about the gilded age or miners strikes (wars) in history class? Hate to burst your bubble but corruption, capitalism and government has worked together hand in hand since the founding of the union.