[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 57 KB, 1056x937, 20230511_062253.jpg [View same] [iqdb] [saucenao] [google]
55773377 No.55773377 [Reply] [Original]

Is Capitalism the best system we've got? It seems it's the only thing where individuals can "ascend" the socio-economic ladder by being more productive members of society.
In this system, no one actually forces you to buy a worse service. Plus, these "inefficiencies" can be used to our advantage to ascend.

>> No.55773413

>>55773377
>no one actually forces you to buy a worse service
create the illusion of choice so you get to pick your favorite flavor of dogshit to eat.
>any type of insurance
>healthcare
>telecommunications companies
>post-secondary education
>etc.

>> No.55773472

>Crypto... 2nd dotcom bubble happening on ERC20

>> No.55773473

>>55773377
Domain meta is the best thing we got desu

>> No.55774876

>>55773377
It's the only system that recognizes private property so yes. In Feudalism your shit belonged to the lord of the land. In socialism/communism your shit belongs to the commissar. Capitalism is the only system that in theory guarantees you the individual a right to property. If someone is trying to get you to reject capitalism, they are finessing you out of your property so a group they are part of can control it.
>>55773413
>insurance
Required by law, not capitalism
>healthcare
Required by law, one of the most government subsidized and regulated industries out there, not capitalism
>telecommunications
Strictly regulated and monitored by government agencies like the FCC, not capitalism
>post-secondary education
Which the government is subsidizing with loans that take an afternoon to obtain and a lifetime of servitude to the state to pay off

Wow literally every service you listed as "shitty" has massive government involvement, what a surprise!

>> No.55775561

yea capitalism is the best so far. still, I cant wait for the concentration of capital and power into the hands of the few to go over the breaking point, so I can see the next economic system. doubt they cracked the global economic enslavement on their first attempt.

>> No.55775639

>>55773377
I think the tech industry finally killed capitalism. Hard work and innovation and intelligence is not rewarded anymore. Producing valuable products and services is not rewarded anymore. For the last decade we've got these fagman software bros making doctor salaries. Even the lesser tier software people still make outrageous compensation while their companies bleed money every year. Imagine how much social value we've collectively lost because smart people just want to learn javascript and finance instead of engineering or trying to cure cancer. It's depressing