[mordae]

Agreed. (Pun intended.)

Capitalism seemed to work for a while only because it has been tempered with socialists fighting back hard and incentives being aligned for a while (build more high-tech, time-saving stuff like fridges).

Now when the market has saturated with time-saving goods, capitalism needs to widen the divide between workers and owners more and more just to keep going.

[wernercd]

Capitalism did work. Socialism has never worked. Capitalism still works. Socialism still doesn't work.

[chownie]

Outside of the US does this actually convince anyone? Just repeating the hymn?

[wernercd]

"outside of the US" its still true.

Outside of the US, do people think that truth can be changed because you aren't in the US? Just deny literally 100+ years of history?

The only way Socialism works is in The Utopia that's never existed.

The real life examples of socialism are authoritarian nightmares. Thinking that outside of the US this isn't still true is an... interesting... attempt to deny history.

[HDThoreaun]

Capitalism has raised billions of people out of poverty. Yes, the people who are no longer starving are happy to no longer be starving. Communism on the other hand usually leads to mass famine. Even nordic democratic socialism is falling apart. None of the systems are perfect, they are all hampered by power hungry leaders. Capitalism clearly seems to be the best option.

[surajrmal]

Absolute capitalism doesn't work. Every modern economy is its share of socialist policy. The question today isn't whether you support socialism, but rather where you draw the line.

[wernercd]

True... but we've never had absolute capitalism. Just like we've never had absolute communism. Absolute socialism. Absolute monarchy. etc.

What we have is imperfect capitalism vs imperfect communism vs imperfect socialism vs ...

The reality is that imperfect capitalism, despite its flaws, is better than the alternatives, despite the attempt to ignore their flaws.

Because that's the only way you can argue socialism is better... is arguing the idea of socialism vs the reality of capitalism.

We can discuss the "line" that gets drawn but when that line crosses from one system to the other? We can absolutely judge Capitalism vs Socialism vs Communism.