Re:Thailand cave rescue: all 12 boys and coach successfully ...
by los_angeles on Tuesday July 10, 2018 @12:49PM
(#17499834)
Yes there are all sorts of evils associated with capitalism, such as the concentration of wealth and environmental destruction we're seeing.
The optimistic narrative that I adopt hopes/assumes that we'll somehow become more sensible on these issues as time goes on.
Capitalism is also farm subsidies, tax breaks and other corporate handouts given by rich nations that destroy the farming industries in poor countries. Capitalism (as currently practised, or in its purest, unregulated form) is not an untarnished 'good' by itself.
This is without considering how capital is leveraged to the detriment of anything protecting poor people in order to extract more profits (by lobbying, quid-pro-quo deals, or threats to stop investments). See the recent insane row over breastfeeding vs. formula at the UN, and what force was brought to bear on Nicaragua.