this post was submitted on 03 Mar 2025
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And for all of its ills, capitalism solved scarcity. There's more than enough to house and feed everyone on the planet. And yet the vast majority of us are still, at best, dedicating our lives to feeding the beast in the name of feeding ourselves. With many living in abject poverty, on the edge of starvation.
It's no longer a problem of resource availability. It's now a matter of resource allocation.
I think this is a failure of merit distribution. Technology,collaboration, and industrialization solved scarcity. Capitalists argue that it was capitalism which spurned the extreme speed of these advancements - I'd argue that society was already having it's advancements accelerate. I'd argue that we solved scarcity directly in spite of capitalism, which only feeds off this advancement parasitically.
Point taken.