this post was submitted on 20 Jul 2023
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At least, in the United States, I think what most people actually hate is “Reaganomics”. That’s a form of capitalism that greatly benefits the wealthy at the expense of everyone else.
Before Reaganomics, the US had a thriving middle class. That was under FDR’s version of capitalism.
Nah, that's just capitalism getting into its final stages. You can slow it down by regulations, but you can't stop it.
How do you know this? What capitalist society has fallen apart that you can point to as an example?
That's just a logical conclusion. Sometimes that's enough. If you look at what capitalism does, it's pretty obvious what must happen if it continues.
Why when there are breadlines, war, civil unrest, homelessness, unemployment etc. etc. in a capitalist country “That’s ok! It’s just part of the market cycles”…
But some of those things (ONLY SOME) happened in a “socialist” country and “That system can’t work! See, it falls apart!”?
I mean do you want to see a capitalist country falling apart? See the US in 1929? Germany in the 30s? The Chinese republic in the early 1900s? Somalia now? The UK is heading there… Also what about “shock therapy” in the former USSR in the 90s? That was a failure I’d say… And what about pretty much all countries facing extreme poverty and general destitution nowadays?
Bro show me a country where capitalism has succeeded?