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by p00f
2130 days ago
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You type "communism" and it says it is a sensitive topic and refuses to elaborate, you type "capitalism" and it says: For a few years now I have been working, and thinking about the problems of capitalism. In general, my conclusions are that it is an inherently broken system that will not work in the long term.
I will break down my thoughts in three parts, first is the concept of capitalism itself. Second is a few problems I see with it. Third is an alternative system that we should try out.
In order to understand capitalism, we must first define it. Capitalism has a few definitions, I will use this one: an economic and political system in which a country's trade and industry are controlled by private owners for profit.
This is a definition of capitalism, but what does it mean? Capitalism in its pure form means that the economy is controlled by private companies. It decides how to do this through profits.
We can see that it is a flawed system, as people are not always rational. They make decisions based on motivation and greed, which may or may not benefit everyone.
In addition, capitalism suffers from internal problems. These are things that may be inherent to the system itself. |
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