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People like to criticize Free market economies (Capitalism) while using it more than they should. (sh.itjust.works)

submitted 3 months ago by [email protected] to c/[email protected]

18 comments fedilink hide all child comments

TLDR: People who criticize capitalism are still using it and benefiting from it more than they should, hoarding resources more than their essentials.

I see a lot of people online who criticize Free market economies without thinking about the people who make it work which is them.

If people collectively in masses had stopped buying luxury items for example that industry would die out in a couple of years, apply that to any other industry (with the exception of necessary ones like medical industries) and the same results is expected to happen. why do people do not do that and kill the bad industries you ask, because they are in need of Free market economy and it's results.

It's like people who are looking to change from free market economy like to think of themselves as week enough to not be able to change it but strong enough to hate it, while in reality they are strong enough to change their economic system but week enough to not think about the problems in other economic systems. I think that most believers who think that the world is making a mistake by committing to free market economy are people who believe in idealistic values without looking at the science or history of application.

Most popular figures in the modern age who associate themselves wirh other economic systems, don't bother to even try to apply it to their lives and a lot of them are very rich with millions of dollars(Example: Bernie Sanders networth is more than one million dollars).

I fully understand that everyone dream of a better world where everyone in the world has good food, healthcare and education, but sadly that is impossible and the best that can be achieved in real life is to collectively have a system to support the people who need help in hopes of making capitalism easier on them.

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[–] [email protected] -4 points 3 months ago* (last edited 3 months ago) (1 children)

You missed my point, he can donate to them right now and still have a net worth which consists of one house and couple hundred thousands of dollars and he would be living by his principles, instead he is advocating for a change that he is not a part of.

Just to be clear, under capitalism it's his money and he is free to do with it what ever he want, but if he is advocating for socialism shouldn't he start with himself first and lead by example?

[–] [email protected] 9 points 3 months ago* (last edited 3 months ago)

Oh I'm sorry, I did not understand your point. Freely donating most of one's wealth and possessions for the better good is helpful, but it is not, nor has it ever been a principle encouraged by Sanders.

When you describe capitalism as "free to do with it what ever he want(s)" we have to acknowledge that money is limited by all kinds of laws, such as ones that disallow the purchasing of slaves, and limit the amount gifted to a political candidate.

The problem occurs when very few people have access to excess capital, or economic energy, which would grant them more power than the limitations created by the government could control.

Sanders' political ideology is not Communism. He identifies as a Democratic Socialist, and is in favor on expanding the rights of education and healthcare through taxation.