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by xienze
3946 days ago
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> I don't think that's so clear. Yes, it is clear. When you have a system in place that is predicated on having enough productive citizens to support the non-productive ones and your birth rates have fallen off a cliff you're in for trouble. > Free market capitalism has its own problems and its flagship country, the US, is increasingly considered to be in decline. Never said the US doesn't have problems. Just pointing out that socialism also has its own problems. No economic system is perfect. |
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Inefficiencies develop across the system because people can't afford to make a change. Firing people or shutting down a factory becomes a massive struggle of life and death, frequently with literal deaths. (If unemployment means your family's livelihood is at stake, you wouldn't just walk away, would you?)
Source: grew up in a country like that.