Well, if we are pointing out problems, I have a few with capitalism. We seem to have a hard time trying to produce chocolate or clothes without slavery. Healthcare is apparently harder than rocket science. Workers, not only have to put in 40 hours a week, they need to be in unions and strike in order to get paid fairly. No one can figure out how to solve wage theft. And my favorite part is every one racing toward extinction via global warming hoping that someone else will solve that problem.
Just because an economic system is in use doesn’t make it the best for a given time period. You could say a lot of great things about feudalism back in the day, but I don’t see anyone (with a functional brain) arguing for that.
We seem to have a hard time trying to produce chocolate or clothes without slavery.
Then you must be very in favor of the EU supply chain legislation that addresses just that, right? Common W for liberal democratic institutions.
Healthcare is apparently harder than rocket science.
Common EU W again.
Workers, not only have to put in 40 hours a week, they need to be in unions and strike in order to get paid fairly.
Spoken like someone who never worked a job in his life. Also EU W.
No one can figure out how to solve wage theft.
If you violate contract law you will get screwed as an employer. If you don’t do anything about your overtime as an employee, that’s kind of on you. Unless you want to argue that companies extracting excess value from the work of employees constitutes theft (which you may or may not want to, while the rest of the world disagrees) wage theft is just not an issue. At least not in EU W land.
And my favorite part is every one racing toward extinction via global warming hoping that someone else will solve that problem.
Actually that’s a great point. If we were all going to adopt socialism, our economies would just crash and burn and we’d stop producing stuff, hence halting global warming. On a more serious note, since global warming is impacting return on capital, the economies have a vested interest in fixing it. I’m not that worried about any kind of doomsday scenario and even if I was I fail to see how getting rid of capitalism would fix anything.
Just because an economic system is in use doesn’t make it the best for a given time period. You could say a lot of great things about feudalism back in the day, but I don’t see anyone (with a functional brain) arguing for that.
Uuuuh… No you couldn’t? Feudalism was just a shit system that collapsed on itself after the bubonic plague killed half of Europe. It was highly extractive and there was no incentive for innovations, which is why the middle ages were a time of stagnation.
Yes, I’m not opposed to incremental changes! Also a lot of the EU stuff regulates capitalism because it’s problematic and needs to be regulated.
Let me ask you my friend, what happens when a democracy slowly regulates capitalism more and more? What do you think the outcome of that is?
You can love on capitalism as much as you want. In the end it will kill us all or be transformed into something better. You can call it socialism or communism if you want, I don’t really care what it is called.
Well regulated capitalism is literally just that. If you believe it is socialism, you drank the republican koolaid.
You also fundamentally misunderstand the EU. When it comes to our labor market, the EU might be one of the most capitalist things ever. We even have fking public transport companies compete with each other on an EU level, Americans could only dream of something like that. Imagine mexican workers just crossing the border to work in the states and going home after their shifts, all of it completely legal - in Luxembourg they just call this another Tuesday.
That amorphous Something you are alluding to which is totally not socialism has the same advantages your imaginary gf has over my wife. Sure, in your head she might look better, is a better dancer or whatever you’re into, the major downside is just her not being real and never having a real shot at coming into existence.
Well, if we are pointing out problems, I have a few with capitalism. We seem to have a hard time trying to produce chocolate or clothes without slavery. Healthcare is apparently harder than rocket science. Workers, not only have to put in 40 hours a week, they need to be in unions and strike in order to get paid fairly. No one can figure out how to solve wage theft. And my favorite part is every one racing toward extinction via global warming hoping that someone else will solve that problem.
Just because an economic system is in use doesn’t make it the best for a given time period. You could say a lot of great things about feudalism back in the day, but I don’t see anyone (with a functional brain) arguing for that.
Then you must be very in favor of the EU supply chain legislation that addresses just that, right? Common W for liberal democratic institutions.
Common EU W again.
Spoken like someone who never worked a job in his life. Also EU W.
If you violate contract law you will get screwed as an employer. If you don’t do anything about your overtime as an employee, that’s kind of on you. Unless you want to argue that companies extracting excess value from the work of employees constitutes theft (which you may or may not want to, while the rest of the world disagrees) wage theft is just not an issue. At least not in EU W land.
Actually that’s a great point. If we were all going to adopt socialism, our economies would just crash and burn and we’d stop producing stuff, hence halting global warming. On a more serious note, since global warming is impacting return on capital, the economies have a vested interest in fixing it. I’m not that worried about any kind of doomsday scenario and even if I was I fail to see how getting rid of capitalism would fix anything.
Uuuuh… No you couldn’t? Feudalism was just a shit system that collapsed on itself after the bubonic plague killed half of Europe. It was highly extractive and there was no incentive for innovations, which is why the middle ages were a time of stagnation.
Yes, I’m not opposed to incremental changes! Also a lot of the EU stuff regulates capitalism because it’s problematic and needs to be regulated.
Let me ask you my friend, what happens when a democracy slowly regulates capitalism more and more? What do you think the outcome of that is?
You can love on capitalism as much as you want. In the end it will kill us all or be transformed into something better. You can call it socialism or communism if you want, I don’t really care what it is called.
Well regulated capitalism is literally just that. If you believe it is socialism, you drank the republican koolaid.
You also fundamentally misunderstand the EU. When it comes to our labor market, the EU might be one of the most capitalist things ever. We even have fking public transport companies compete with each other on an EU level, Americans could only dream of something like that. Imagine mexican workers just crossing the border to work in the states and going home after their shifts, all of it completely legal - in Luxembourg they just call this another Tuesday.
That amorphous Something you are alluding to which is totally not socialism has the same advantages your imaginary gf has over my wife. Sure, in your head she might look better, is a better dancer or whatever you’re into, the major downside is just her not being real and never having a real shot at coming into existence.