this post was submitted on 20 Jul 2023
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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!

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[โ€“] yogthos@lemmy.ml 46 points 1 year ago* (last edited 1 year ago)

People are anti-capitalist because they're increasingly realizing that it's an abominable system that's based on mass exploitation of the working class by people who own capital, and it produces oligarchical political systems such as seen in US and many other western countries that tantamount to living under the dictatorship of capitalists.

Capitalism is responsible for some of the worst atrocities in human history including things like the African slave trade, barbarism associated with colonization of America, countless famines such as the Irish and Indian famines, and never ending wars.

Today, capitalist need for growth and consumerism is literally destroying our very habitat that we all depend on at a planetary scale. Either capitalism ends or humanity will end.