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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[–] novibe@lemmy.ml 1 points 1 year ago

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?