Post #1945599

Pure objective fact lmao cmon. If you want to argue against facts then go ahead and actually do it. Trying to laugh it off doesn’t make you right in the slightest nor does it disprove what I said in any way, shape, or form. What aspects of capitalism do you like? There’s a few: It works: That already puts it above it’s competition as it has been proven to actually sustain economies and generate wealth. Basically it’s been shown to work multiple times across multiple eras in multiple vastly different societies. Economic growth: Market competition and profit incentives push businesses to expand output and invest, which tends to increase overall wealth and GDP over time. Innovation: This is something we never saw from the Soviet Union or Maoist China or any other socialist country. There’s a lot to criticize the for profit system for, but one of the things it does extremely well is come up with new ideas and better products. Efficiency: This is one of the biggest strengths in capitalism. When it comes to generating the most value out of something, no other system deliver the same levels of efficiency, especially if there’s a healthy amount of competition that’s enforced. Consumer choice: Under a socialist system, for example, there’s no such thing as consumer choice. The “public” (aka the government) decides what gets produced for everybody, and that’s all you get. If you don’t like it then that’s too bad, and if you want to make changes then you have to go through gauntlet of government bureaucracy. Under capitalism, the economy is both unplanned and has for profit competition, therefore, there should always be variety in the markets… at least in theory. Adaptability: Fairly straight forward, capitalist economies tend to adjust relatively quickly to changes in demand, technology, or global conditions because decisions are decentralized. Resource allocation: People often think that this is a strength of a socialist system because the government can move resource where they’re needed the most, but I disagree. We’ve seen this not be the case one to many times. Supply and demand is simply a much simpler, much more effective way of resource allocation. Wealth creation: Capitalism has been shown time and time again that it’s very effective at generating large amounts of total wealth, raising average living standards in many countries. That being said, I don’t think pure capitalism is a good system. Capitalism requires strong checks and balances that make sure it’s running correctly. There needs to be a strong government that effectively regulates harmful practices, enforces contracts, enforces competition, and protects the environment, workers, and consumers. There also need to be an active and educated public that holds corrupt politicians and bad companies accountable. Capitalism by itself is a good tool, but it’s not a solution for everything. There still need to be government programs on top of it all to fill the gaps. Imo a well regulated capitalist economy with a strong safety net that’s governed by a free, fair, and secular democratic government is the best system humanity has produced to date. This is what the best countries in history have, and this is what we should strive for. I think they should be used as means to an end, not worshipped as the end itself. I already told you that I’m not married to any system multiple times, you just refuse to accept my answer. I don’t think any system should be worshiped. Things like economic models shouldn’t be seen as religions, but rather as tools. Societies can and should mix and match whichever ideas meet their needs and work best for them. Things only start being a problem when a society becomes dogmatic with this sort of thing or some people try to force ideas that have been proven to be failures.