Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
I’m a bit libertarian leaning myself, but I do believe capitalism requires moral constraints on external, societal costs that are not included in market forces (e.g. environmental pollution).
In short, capitalism’s greatest benefit it is also it’s greatest issue: it delivers most efficiently exactly what people want, but without any evaluation whether those wants are beneficial.