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numberbruncher t1_izpprbz wrote

Reply to comment by SharpCartographer831 in This subreddit has a pretty serious anti-capitalist bias by Sieventer

Capitalism has pros and cons, but it's the best system we have for now. But it will certainly not be the best system in the post-scarcity society possible after the singularity.

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fingin t1_izqfcua wrote

Sorry what proof do you have it's the best system right now? Can you give me an example of a successful capitalist country? Even the US can hardly be said to be a "capitalist" country (see government subsidies, federal bank, social security, medicade). And last I checked, the US doesn't have such a great system, if wealth inequality, health and violent crime rates are important to you. Even if you do think the US has the best-system, that conventiently ignores the likes of other "capitalist" (capitalist-leaning) countries like Brazil.

So again, what capitalist country has a succesful system? Or are you just confusing the theory of capitalism with other concepts like a market economy?

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Swimming_Gain_4989 t1_izpyvfp wrote

You don't even need to be post scarcity for capitalism to break down, just post competition. When an organization is beyond competition it becomes a monopoly and begins draining productivity through inflated prices.

The owners of the hardware will have complete control over whatever industries they decide to pursue.

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ChurchOfTheHolyGays t1_izq4p2b wrote

Capitalism is so competitive you can literally begin a startup today and seriously compete with google in a couple years \s

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