Re:Why Aren’t Rich People Happy With the Money They Have?
by antisthenes on Monday December 10, 2018 @02:54PM
(#18650680)
> Capitalism: it sits to bask in every glory, and all its failures expelled, literally explained away
True to its very mantra: socialize the losses, privatize the gains! At least you can't blame it for inconsistency.
Also, it isn't really capitalism that lifted people out of poverty, it was a very resource-intensive exploitation of fossil fuels on an unprecedented scale.
In the scope of just 1 century, we probably burned at least ~10 million years worth of accumulated energy in fossil fuels. It would be ridiculous if this didn't lift people out of poverty.
BTW, it's not like communism didn't lift people out of poverty. Compare the wealth and possessions of an average citizen of USSR in, say, 1925 and 1975, half a century later.
True to its very mantra: socialize the losses, privatize the gains! At least you can't blame it for inconsistency.
Also, it isn't really capitalism that lifted people out of poverty, it was a very resource-intensive exploitation of fossil fuels on an unprecedented scale.
In the scope of just 1 century, we probably burned at least ~10 million years worth of accumulated energy in fossil fuels. It would be ridiculous if this didn't lift people out of poverty.
BTW, it's not like communism didn't lift people out of poverty. Compare the wealth and possessions of an average citizen of USSR in, say, 1925 and 1975, half a century later.