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!
I’m just gonna tell you what happens when pure capitalism would exist in a country.
There would be no taxes. That sounds alright, but listen: Everything is on a market. Healthcare, education, everything. There is competition for everything. That means companies will have to do stuff to win you as a customer. One big company in every industry sector will win and buy all the other companies that have gone bankrupt. Then, we have monopolies and the big companies can raise their prices however they want and control us in every way they want.
I don’t think pure capitalism as you describe it exists, or if it does its definitely not common.
Yes, that pure capitalism does not exist, that is correct. But that is what pure capitalism would look like and the question was why people don’t like capitalism