this post was submitted on 20 Jul 2023
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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!

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[โ€“] weew@lemmy.ca 5 points 1 year ago* (last edited 1 year ago)

Add time goes on, capitalism constantly needs more and more restrictions placed on it to not utterly destroy society. Child labor laws, minimum wage, worker rights... capitalism is inherently against all of that because it makes less money.

Even today the rights that have been fought for over the past century, capitalism is trying to erode away, all in the name of greater profits. Child labor is back on the menu in some states. Minimum wage has not kept up with inflation. In the USA they've discovered that dying people are a captive audience, so they can charge them ridiculous money out the ass for whatever will keep them alive. Like, what are they going to do, go home and do surgery themselves? Wait until Black Friday for a sale on MRI scans? lol.

Nearly every right and freedom for anyone below the top 0.1% of earners is a continuous battle against capitalism to maintain.