• andyburke@fedia.io
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    5 months ago

    Because I think with proper regulation capitalism has ushered in the greatest improvements in quality of life compared to the other economic systems we have tried.

    When you don’t assume infinite growth and you instead optimize for maintaining a distribution of capital, I think it can be a good motivating system. We just need our baseline focused by human rights, not the money.

    Money is what we decide it is, not the other way around. The people who are in charge right now want you to think money is in control.

      • andyburke@fedia.io
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        5 months ago

        I believe it because countries with more capitalist tendencies tend to have higher standards of living than other countries.

        • Cowbee [he/him]@lemmy.ml
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          5 months ago

          That’s an easy mistake to make. Judging countries by where they get their wealth, ie exploitation of the Global South, combined with judging by trajectory, will explain why this is a mistake.

          • andyburke@fedia.io
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            5 months ago

            Capitalism allowed the global north and “west” to outpace those other countries and exploit them in the first place. It wasn’t moral, but capitalism is what positioned them in the first place.

              • andyburke@fedia.io
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                5 months ago

                Like I said, it wasn’t moral. It is still a result of capitalism. Think we’ve probably finished here because you’re not my teacher and you don’t assign me reading.

                  • andyburke@fedia.io
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                    5 months ago

                    Colonial imperialism began with industrialization in your explanation? Capitalist countries were colonizing the world well before the industrial revolution.