Viewing a single comment thread. View all comments

tidho t1_ixbq953 wrote

Reply to comment by Budgiesaurus in Did Someone Save Disney’s Life Last Night? Behind Bob Iger’s Stunning CEO Return by HumanOrAlien

thus creating efficiency and the highest standard of living in human history

−12

Budgiesaurus t1_ixbu6i6 wrote

Up to a point. Countries that counteract the worst tendancies of capitalism with limits, taxation and social policies tend to have a higher standard of living than those that are more laissez-faire.

And just because we haven't found a working system that's better than capitalism doesn't mean there isn't a lot of issues with it. But the attempts at communism and the like broke down when humans were introduced, so far.

Capitalism raises a lot of wealth, but tends to concentrate it for a very very small group.

6

tidho t1_ixd0pjz wrote

you're talking about capitalism with more redistribution, versus capitalism with less redistribution. it's still capitalism creating the highest standard of living in human history.

Communism was bad theory before the industrial revolution of the early 1900's, it's simply idiotic now. Fortunately, as has been the case for a century, the college kids will figure that out around age 25.

Every economic system concentrates wealth - you don't think the oligarchs running your utopia will be living the high life?

1

Budgiesaurus t1_ixd8uvj wrote

I'm not sure what strawman you are fighting here. I'm not advocating for communism, as I don't see it working at all.

I'm just saying capitalism has a lot of issues, and you're seriously delusional if you don't see any.

But I'm not advocating for any alternative here, as I don't know a better system. Doesn't mean I can't have criticism or suggest it can be improved.

0

tidho t1_ixdad4t wrote

> I'm just saying capitalism has a lot of issues, and you're seriously delusional if you don't see any.

if the problems you're saying capitalism has also exist in every other economic system then it's not really a 'capitalism problem'. that's the point.

things like wealth disparity (to the extent that's even a problem, hint: it's not) will exist in every economic system. communism was theory intended to eliminate it, yet reality has proven it does not.

2

ibetthisistaken5190 t1_ixbyi3z wrote

Let’s all high five because whoever gets the most money before they die, wins. And what good is it then?

An entire life spent chasing after something that’s ultimately meaningless. Bravo.

3

tidho t1_ixcvvk4 wrote

that's a personal choice, not some burden from the current economic system

2