If You Hate Poverty, You Should Love Capitalism

[Varvara Spiros Gelashvili]

Capitalism is the worst economic system, except for all the others.

Nobody actually practices capitalism we use a mix of things... Capitalism means no government interference in private industry that we break that rule constantly.

[Shadowferal]

He's probably not even a swede, notice how he barged in to help op and then tagged his location Sweden after people started questioning his claims. Stop engaging these burner accounts, you know what they're doing...

Yup...he just wants attention so he gets shitted on.
Like someone getting his ass kicked repeatedly because he enjoys that sort of thing..I've never understood that.

[Jimmy Woods]

Won't watch the OPs propaganda video and barely glanced at this thread, but how come everyone who LOVES capitalism will always credit capitalism for all the convenient good statistics and always deflects the negative parts at some external source causing these problems?

As someone on the "left" I'd prefer capitalism to socialism, but capitalism has huge flaws. Capitalism has led to a government ran by special interests and large corporations. Trump who pledged to drain the swamp has more lobbyists working for him than Obama and Bush combined. Just today we found lobbyists have been pressuring Trump to give them special treatment for even more tax dodges than Trumps signature tax cut law. Even Trump's tariffs on China have special carve outs for certain corporations who are willing to play ball with the Trump agenda. On the other side, every few days we get a quote from Joe Biden that has me 100% convinced (as if I wasn't before) that there are no sides to the political class, it's actually the wealthy elite keeping everyone else distracted/divided while they pass their agenda, which is why the left will always win and progress the culture battle because it OUTRAGES the right and then in return the libertarian style "let the free markets decide" will anger the left with what we could've prevented (climate/hazardous products/guns) if only we had regulations.

We don't need capitalism for the best part that is often contributed to it, which is competition. Hell, the goal of our GREAT current capitalist system for most companies is to become as close to a monopoly as possible while convincing the public you aren't one. Alphabet has 80% share of global search engine queries. Well it's not 100% we can look the other way and YAY capitalism! And google is barely scratching the surface, I'm just using it as maybe the most relatable to people who may read this. There is so many more and better examples. So if our current capitalist system is failing on it's best feature why should we love what we have? Why should we settle for it? Shouldn't we demand something better?

Not watching the video, but the Right loves to attribute other economic systems to mass deaths caused by them. For that I say what about all those freedom bombs Trump drops daily? What's he up to 4000, 5000 drone strikes in 3 years? Surpassing Obama's 8 year total easily. Massive death, destruction and destabilizing of the Middle East so American oil companies can make more money? "How come we didn't take the oil?" - Orange Man. We did. And our oil companies are very profitable today because of it. Oh, and we made our Saudi allies very, very, very rich. Nice $26 billion raised from it's IPO to be valued at $1.7 trillion valuation for the state run Saudi Aramco earlier this month. Hmmm mmmm. Propping up dictators and anti-democratic regimes just seems to happen all the time by our Capitalist government because capitalism is ... so great? Don't even get me started on US regime changes in South America. But i guess they HAD to root out evil socialism and governments that won the popular votes because we know best.

Anyways, I feel I scratched the surface enough.

[mvaliz]

He's probably not even a swede, notice how he barged in to help op and then tagged his location Sweden after people started questioning his claims.

Stop engaging these burner accounts, you know what they're doing...

Also noticed the Racist OP suddenly stopped talking when this burner account took over.

Chances are it's the same Racist OP.

[Machismo]

What? I'm sorry but this is just flatly untrue. Leftwing parties has devolved into illogical arguments. In the past right and left could agree that x is x. Now the right says x is x and the leftwing starts screaming "no it's an y" and calls the right bigoted, some even acting as if we're on the verge of a genocide happening.

I'm still waiting on your evidence.

[Demasiados]

He's been taking part in the Swedish welfare system his entire life, making him a hypocrite for denouncing it unless he excuses himself from this society. Our welfare system covers costs of over-the-counter medicines, education, rental control, childcare, medical aid, infrastructure etc etc.

Saying "There shouldnt be any welfare." while at the same time taking it is not hipocrisy.
Anyone who doesnt grab every available benefit is a fool. Thats why we teach people how to handle their taxes.

Since taking rights away is harder then declaring something a right, the most plausible way of getting rid of welfare is through necessity. Drain it the most you can until the taxes are raised enought for people to put on their yellow vests (or unshelve guns somewhere else) and enact change.

As someone who collected welfare all my life, never had to work, wont have to for another 10 years off of it. There should be at least noticeable dread of not being able to sustain yourself on it.


As for empathy, its something one needs to deserve first. Willy nilly being empathetic without assessing the benefit of expressing it is exactly the scenario that plays out with Germany during the "refugee crisis". People "fleeing poverty" only to be brought in, given welfare, then subsequently paid to leave is hardy a beneficial expression of empathy, at least when talking about the sensible management of taxpayers' money.

Same could be said about the humanitarian crisis in africa. Bunch of people starving, send them food, they multiply only to cause another humanitarian crisis because they cant sustain themselves. Not a very worthwhile endeavour.

[Zelk]

capitalism requires poverty to function

[Saucexorzski]

how many years of humans preying on the success of other humans did it take for humanity to become the dominate life? How many years will it take to change that ingrained behaviour? How many years has it been? Good luck folks!

[Vash The Stampede]

The key word is Democracy, not Capitalism. Uncheck capitalism is what got us the Robber baron's of the 1800's, and the modern equivalent silicon valley. Capitalism can do a lot of good, so long as there's no money in politics. Free market capitalism is very bad, and will only bring about an economy depression, as it did in 1929. Capitalism inherently causes inequality, cause without it there would be no profits. Yanis Varoufakis explains capitalism far better as has studied economics, unlike whoever made that 4 minute video.

[tromage2]

capitalism is great.
It is the best system out there in history, can we have a better system in the future? maybe but right now all the others failed compaired to capitalism.

[Underverse]

Sure, regulated capitalism. Would something like a planned economy work with a powerful AI? Maybe.

[XangXu]

lol, Prager U bullshit

[JohnBrown1917]

capitalism is great.
It is the best system out there in history, can we have a better system in the future? maybe but right now all the others failed compaired to capitalism.

Mostly becease capitalist countries make sure they fail.

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We have a mixed-economy liberal democracy with capitalism at the foundation and it's doing fantastic. The haters are free to LARP around all day, the rest of us will just keep living life as usual.

Liberal democracy is capitalistic.

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Scandinavian countries say hello. Well, at least the welfare part of the model.

The more accurate description would probably be Ethical or humanitarian Capitalism, which is simply not the model going on in the entirety of our world as of today.

Welfare is not socialism.

[Vash The Stampede]

capitalism is great.
It is the best system out there in history, can we have a better system in the future? maybe but right now all the others failed compaired to capitalism.

Capitalism has failed multiple times historically, and it's the only system that works because it's the only system that is allowed to work. Capitalism has long term problems because eventually the inequality it produces becomes a major problem. Inflation goes up but do wages go up proportionally? No, because that's intended so that businesses can chase money and produce goods. Debt is a necessity of capitalism, because it depends on future money that we'll earn. Of course our future selves maynot be able to pay the debt back, which is what caused the 2008 recession. That 2008 recession never stopped, as most people on CNN, Fox NEWS, BBC, and etc would like you to believe the economy couldn't be better. For most people the debt they take on can never be paid off, and it's already effecting the banks where their repo market has failed. It failed so hard that since September of 2019 the Federal Reserve has pumped in over $4Trillion dollars.

Pure free market capitalism is unsustainable and needs heavy regulation where you heavily tax the wealthy to use for social programs. You need some sort of wealth distribution.

[Draco-Onis]

I've never had socialbidrag, ever. So no.

Unless you grew up out of Sweden you are one like I said come to the US you can experience the joys of paying $65,000+ for surgery or $35,000+ for a birth and $15,000+ for state college you know freedom.

[Diamonddrago]

Capitalism on its own fails, Communism on its own fails, a hybrid of both always wins

[Thepersona]

Ok, to the rubes who say that unchecked capitalism is the cure for poverty (or any form of neoliberalism btw), I present you the case study of my country, chile:

https://www.jacobinmag.com/2019/12/c...inochet-pinera
https://www.aljazeera.com/news/2019/...150734536.html
https://www.bbc.com/news/world-latin-america-50779466
https://newint.org/features/2019/12/...ivists-threats

(Unchecked) Capitalism left us in this position. With people who cant buy houses, cant recieve healthcare, are overburdened with debt and are a failing paycheck away from being bankrupt. The imbeciles of PragerU conveniently leave that out.

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Mostly becease capitalist countries make sure they fail.

.

Capitalist people though. Many times, countries are mere puppets to corporations (like in the case of Iran in the 50s-70s)

[PC2]

Liberal democracy is capitalistic.

Of course yes, mix capitalism with a democratic government and universal social rights and then liberal democracy is the result.

[kail]

Why should we replace the native population with immigrants?

Who made that notion?

[Vash The Stampede]

I feel this video is relevant to this topic. Crony capitalism isn't the solution, but a stronger democracy.