posted in Asklemmy
Why do so many defend capitalism?
Replying to @return2ozma@lemmy.world
In America, we grow up to really cherish liberty and freedom of choice (even if it just the illusion of choice) and so we really idealize entrepreneurship.
Capitalism is the only economic system that allows upward class mobility
The examples of socialism/communism collapse are all within the lifetimes of most (or not far off for those of us under 40). Capitalism hasn’t quite failed yet (2008 hurt a lot and woke some people up to its failures).
It may not be popular with some of the instances on the fediverse but capitalism is the least flawed of all the flawed economic systems. The systems are flawed because they are ran by flawed humans. The best societies take strengths of each system and combine them to mitigate the flaws of each. Capitalism with strong social safety nets is probably the best that humans can do.
Replying to @TORFdot0@lemmy.world
That last sentence is a mixed economy system, which should probably be the best, current way of doing things. Taking the benefits of each successful economical system. Yes, communism was successful in converting Russia from am agricultural-servant nation to an industrial powerhouse. Also, communism didn’t collapse by itself, the USA made everything they could to boycott it, and they still do because they are afraid of it. They are perpetrating their own silent genocide in Cuba, just to ingrain in our brains that communism is sentenced to collapse.