Daniel · 8 answers · 4y

Capitalism-yay or nay?

Capitalism is NOT laissez faire/anarcho neofudalist bullshit. And being pro-regulation is not anti-capitalist. I'm not against commerce, so yay.

The single biggest problem with it is that it seems to require constant infinite growth to remain stable - feels like a house of cards, doesn't take much for it to collapse. The crashes are inevitable, and there is a human cost to them that no government should find tolerable (Tangent: governments are not businesses and a LOT or our societal ills are rooted in the misguided idea that a government should be run like one)... Anyway generally nay, capitalism and its profit motives rot society and institutions and should not exist without strong consumer protections and a strong social safety net in place

Yay, it's more stable and less absolutist than alternatives such as planned economies.

Capitalism can have a little socialism tough.

Haha, it is not a clean distinction as you imply. There is no society who has a strict capitalism, not even Georgia ( USA). Society does more or less correct some of the outcome of capitalism so that it avoids social uproar and implosion. But it does so at the cost of future generations, which is a way that gets more narrow as times goes by since population numbers enforce more pressure and sure enough that pressure will cause instability, usually in form of fascism and war. And this is an optimistic view.

Retrospring uses Markdown for formatting

*italic text* for italic text

**bold text** for bold text

[link](https://example.com) for link