it is not capitalism. It is plutocracy and inhuman greed. We have altered capitalism an inch at a time until it is no longer competitive, but a system for looting consumers while stopping their ability to fight corporate power.
Capitalism will push innovation, price wars, and customer service. Those are gone in America.
Greed exists in every society and all history.
So? It has changed the system into an evil one here. We were supposed to be better.
Everyone is against capitalism until you ask them to give up their apple phones, computers, and other high tech products that represent capitalism
So? It has changed the system into an evil one here. We were supposed to be better.
Everyone is against capitalism until you ask them to give up their apple phones, computers, and other high tech products that represent capitalism
China has adopted 'Capitalism'. They regulate it more.
"China has been the largest exporter of goods in the world since 2009.1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019.2 In 2013, China became the largest trading nation in the world.1 The United States previously held that position."
https://www.investopedia.com/ask/answers/011915/what-country-worlds-largest-exporter-goods.asp
'Capitalism' is the Global System today. What the 'fight' is about is: Authoritarian/One Party States versus Western Democracy.
So, what's this guy proposing to replace all that with, another failed Socialist state?
Greed exists in every society and all history.
That is why the government has to have a heavy hand in regulation. We have an oligopoly now. We have very few companies running entire industries. They keep buying up competitors. We were supposed to prevent that, but the government has been silent.
As usual Ryan Knight is spot-on!
Capitalism is a pretty broad brush! It comes in several flavors.
Without it, you are looking at Communism or Socialism! I don't think you would like the taste of that! THINK CUBA!