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by scoofy
4 days ago
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It's not "captialism." Sweden is capitalist. Norway is capitalist. It's about America going from a high-trust wealthy society, to a low-trust, mostly lower class society with increasing wealth inequality. If you look around the world, this is effectively the natural state of affairs: India, South Africa, Nigeria, Russia... they all have the same pattern. The US and the West was the outlier in the '50-'90 because we had a lot of wealth redistribution AND free markets. Then the boomers were like, fuck that, we want to all be rich... and they mostly are, but everyone else is fucked. Government is hard, you need people to give a shit. We decided we don't care somewhere along the way. |
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