Will Capitalism Die With Baby Boomers?

[Mormolyce]

Capitalism isn't an ideology or a form of government, it's more of a general observation of how lessaiz-faire economic policy is. So I rule the question "too vague".

I don't see a strong movement towards nationalisation of industry though, it's been so long since that was a thing most people wouldn't know what it was if it happened.

- - - Updated - - -

Socialism in the US would be a horrible idea.

Just so you know, the US already has socialism.

[Maneo]

Did i hit a nerve? As I said, delusional liberal. :/
Man really, i couldnt care less what you think about trump, conservatives, whatever. Feel free to feed your propaganda to someone else I'm not interested in it.
I just said you were wrong when you said people dont tend to vote more right as they age.

https://www.psychologytoday.com/blog...e-conservative
https://www.vox.com/2016/7/1/1205162...nce-psychology

You might not like and even not agree with it but it's a well known fact accepted even by people that are not conservatives. Infact, most of the studies about it were made by people that are definately more liberal than conservatives.

I think that research is invading his safe space...

Although I have to say I think part of what is going on currently in the U.S. is a little bit different.

I used to consider myself pretty liberal. Gay marriage, smoke week, abortion etc etc .. I didn't care until it interferes with me, my family, my property, or my livelihood I don't care what you do.

Now the left has alienated individuals like myself and pushed us further right... Don't think me and my wife can be the only ones.

[Deleted]

Capitalism has been around since the sixteenth century. It is here to stay because its the only system that offers regular people the ability to grow and prosper.

Be happy that you live with such a system. If your life sucks, it has more to do with you than with the system.

[Deleted]

Its funny. In Denmark the vast majority of people voting for the most libertarian party are in the 18-30 age group.

[EliWallach]

It would be very interesting to know what the Millennial engineers at places like Google, Microsoft, Apple, Intel, etc. think about their companies being taken over and run by the government. And of course their salaries being normalized on a government GS scale with the rest of the population.

[GreenJesus]

Listen OP.. we get it.. You like Communism..

[Independent voter]

Capitalism is a natural system that just happens.

1. you have two tribes on an island
2. They meet to trade
3. They trade 12 coconuts for a handful of salt
4. The tribe that got the salt made a profit because it's hard to collect salt
5. but everyone is happy with the deal

That's capitalism.

[Kronik85]

Capitalism is already dead. It wasn't Socialism that killed it though, it's unchecked Corporatism.

[Dezerte]

The aging baby boomers is going to be a problem for many nations, financially I mean. The next 20-40 years will test our welfare systems (pensions, elderly care etc) to the limit. More socialistic policies seem inevitable with automation on the horizon as well, but forget about communism. Capitalism can work as long as it's regulated to protect itself from the corruption you see around the world (i.e. corporatocracy).

[d00mGuArD]

Capitalism is the absolute best. There can never be a better system

Instead of considering failed systems of the past, we should work to improve capitalism and make it better for everyone

[Soeroah]

Capitalism is the absolute best. There can never be a better system

Instead of considering failed systems of the past, we should work to improve capitalism and make it better for everyone

The improvements to capitalism to be made are to add socialism to it.

Pure socialism or communism are as flawed as pure capitalism. A balance needs to be struck between the two. A system that encourages innovation and work, but ensures money keeps flowing, that it doesn't get locked away for decades for retirement and take cash out of the economy.

[DJ117]

If a man is not a socialist by the time he is 20, he has no heart. If he is not a conservative by the time he is 40, he has no brain.

Millennials will with time become more and more conservative. Their illusionary dreams become replaced with reality as they start getting responsibilities for others such as their children, and they see how their money is being spent on others rather than their family.

[d00mGuArD]

Improving it requires putting certain checks and balances in place. Which goes directly against capitalism. It's almost like improving it means we become less capitalist.

Well almost every economy on the world is considered Mixed Economy already. And everything can be improved, and should!

[Mistame]

How many threads about capitalism do we need? Can we get this garbage moved to the appropriate forum (politics) or at least get it locked in lieu of the other half-dozen similar threads?

[gcsmith]

Ahahahahahahah.

Communism has killed more people than Nazis or capatilism. Ultimately, I hope everyone of my generation who supports it change their minds before they get a chance to learn the hard way.

- - - Updated - - -

You should probably look up what liberal arts degrees are before further embarrassing yourself. Hint: It includes engineering, mathematics, physics, chemistry, etc.

Useless degrees like gender studies and other crap are few and far between to the point of being irrelevant.

- - - Updated - - -



The vast majority of millennials are just now starting their careers, finishing college or starting college. So, it's weird to say they missed their chance to make a change for society when they're literally just now beginning their individual lives.

Why would chemistry come under the banner of liberal arts and not science?

[Doctor Amadeus]

Communism has killed more people than Nazis or capatilism. Ultimately, I hope everyone of my generation who supports it change their minds before they get a chance to learn the hard way.

- - - Updated - - -




Why would chemistry come under the banner of liberal arts and not science?

You mean anyone who can crack open a history book to prove you’re full of shit? Yeah well they say some can’t even read a analog clock so keep your fingers crossed.

[Soeroah]

Communism has killed more people than Nazis or capatilism. Ultimately, I hope everyone of my generation who supports it change their minds before they get a chance to learn the hard way.

Strikes me as unlikely. You sure you don't mean dictators/authoritarians who abuse a communist society kill more people? Because communism is an economic system, not a political system.

Blaming communism for what people like Kim Jong-Un or Putin or China do is like blaming capitalism for all the American deaths by shooting and/or lack of health care cover. They may be connected, but it's a stretch.

The problem with communism isn't that the theory is flawed, it's that greedy people, the kind who tend to "win" in capitalist societies, keep taking advantage of the system and fucking everyone over. The problem with communism is that it relies on an honour system where people in power don't try to take advantage of it for their own benefit - much like capitalism. That's why regulation and laws to prevent such abuse are important to an actual working economic system. Lack of regulation ALWAYS leads to money trickling up instead of down.

[Rudkobing]

Probably not.

[gcsmith]

Strikes me as unlikely. You sure you don't mean dictators/authoritarians who abuse a communist society kill more people? Because communism is an economic system, not a political system.

Blaming communism for what people like Kim Jong-Un or Putin or China do is like blaming capitalism for all the American deaths by shooting and/or lack of health care cover. They may be connected, but it's a stretch.

The problem with communism isn't that the theory is flawed, it's that greedy people, the kind who tend to "win" in capitalist societies, keep taking advantage of the system and fucking everyone over. The problem with communism is that it relies on an honour system where people in power don't try to take advantage of it for their own benefit - much like capitalism. That's why regulation and laws to prevent such abuse are important to an actual working economic system. Lack of regulation ALWAYS leads to money trickling up instead of down.

Stalin's communist Russia killed far more people than Hitler's Nazi Germany.

[Nerrf]

Historically younger age groups are often more left leaning and start sliding to the right as they grow older and don't want to share what they have or have been soured to the left. I imagine you would have to go back several generations for that info to change much based on the age groups.

Or maybe just have a little more experience and a better grasp of human behaviour, economics, and history.