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by germandiago 1736 days ago
It is true. Capitalism by design seeks that. And you too. And each of us. We seek to live in better conditions.

The side-effect of it is that technology that the day back was not reachable for most is now available for everyone: phones, cheap clothes, cheaper food, hot water, electricity, railways...

BTW I have lived in VN almost 10 years. It is true that VN has factories and workers are much cheaper.

Jobs move there. People buy cheaper products (automatically people that did not have access to something have access to it by the cost reduction).

Workers there get 4 times more of what they would get on their own and an insurance they would not have and do not need to work god knows where, probably selling in the street drinks or similar stuff.

I think that with all its imperfections, capitalism is the better alternative.

Btw we have never had unregulated capitalism... if we had, we would have worse salaries probably but more people could earn a life by themselves. Our friends the politicians are always there to tell you that you have to pay and shut up. For the good of all... lol. I do not buy that.