Asklemmy

The problem is not 'Capitalism'. It's the JACK WELCH brand of Capitalism, the one that tears apart the soul of any company that produces goods and turns it into a robot for profit with the sacrifice of any meaningful corporate planning or infrastructure (including workers) investment.

Until THIS ends, Capitalism is, in fact, an evil.

Edit: Honestly. Please. Look up what Welch did to GE and how it spread to every other corporation. It's EYE opening.

I have always believed that the majority of the world's problems stem from almost all of the world's countries rely on a private bank to print and regulate their money. Those banks aren't capitalistic, but I bet the people behind them are the richest in the world.

Why be pro any *ism or *ist? Why not be pro *ance?

Because they're poor and they're mad that people are richer than them. And with the economy getting worse, the envy will only intensify.

I'm a bit libertarian leaning myself, but I do believe capitalism requires moral constraints on external, societal costs that are not included in market forces (e.g. environmental pollution).

In short, capitalism's greatest benefit it is also it's greatest issue: it delivers most efficiently exactly what people want, but without any evaluation whether those wants are beneficial.

I think people in this thread is generally see capitalism as the reason for inequity and people's misfortune with medical bills etc. As a resident of a Scandinavian country this strike me as odd. All Scandinavian countries are for sure capitalistic but we pay high taxes and get for instance free education, free healthcare, retirement pension etc. in return. The opposite to this is not capitalism, but liberalism, in the sense that society should stay out of people's business and "freedom above everything else". Countries where things goes to hell need to give up some freedom to benefit the greater good which I'm turn is going to help themselves.