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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[–] Talaraine@kbin.social -1 points 1 year ago* (last edited 1 year ago) (1 children)

The problem is not 'Capitalism'. It's the JACK WELCH brand of Capitalism, the one that tears apart the soul of any company that produces goods and turns it into a robot for profit with the sacrifice of any meaningful corporate planning or infrastructure (including workers) investment.

Until THIS ends, Capitalism is, in fact, an evil.

Edit: Honestly. Please. Look up what Welch did to GE and how it spread to every other corporation. It's EYE opening.

[–] cmbabul@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

I’m not downvoting you because learning about what Jack Welch did to the world is worthwhile. And you’re right that American capitalism was better for the common American before him. But capitalism is still shitty and the primary driver of the climate catastrophe