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!

  • BarqsHasBite@lemmy.ca
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    1 year ago

    The problems you listed are a feature of capitalism. The rich owners have more power in the owner-worker relationship. Which means they get richer, which means they get more power, which means they get richer, which means they get more power, etc.

    The only thing resembling some balance was unions, and they were gutted so that guess what, the rich child get richer. Which meant they got more powerful, and we’re back to the cycle.