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Re:France’s Message for Capitalism: Adapt or Die by iamthirsty on Tuesday March 19, 2019 @02:30PM (#19433964)
People's general lack of education on "Capitalism" baffles me.

> “If we don’t invent a new capitalism, absurd economic solutions will win over and sweep us straight into recession,’’ Le Maire said in an interview late last month.

> A key example for him is Italy, where the populist government came to power riding a wave of public anger. It quickly threw out the rulebook on fiscal responsibility, sent bond yields higher and confidence lower, helping to push its economy into a slump.

An example of a failed fiscal policy is a government who gave up on fiscal responsibility. No shit Sherlock.

> “If we want capitalism to hold together work must be better paid,” Le Maire said. “There comes a moment when workers won’t tolerate it any longer.”

If you want better paying work: find a better paying job. If you can't get employed in one, develop/learn marketable skills to do so. If you want freedom from "finding work", create your own value by starting a business.

The system is fine. Sure, the system can have added "benefits", but it's not the system that is broken — it's the people.

Re:France’s Message for Capitalism: Adapt or Die by mikeash on Tuesday March 19, 2019 @02:51PM (#19434238)
If the people are broken, then by what measure is the system fine?
Re:France’s Message for Capitalism: Adapt or Die by longerthoughts on Tuesday March 19, 2019 @02:54PM (#19434285)
>If you can't get employed in one, develop/learn marketable skills to do so

Tell this to a single parent working multiple jobs. When are they supposed to be brushing up on their web development skills?

>If you want freedom from "finding work", create your own value by starting a business

Not everyone can afford the startup costs and risks of starting a business.

>it's not the system that is broken — it's the people

Do you believe wealth is perfectly correlated with behavior that improves society?

I believe that history provides countless examples of the merits of capitalism and it's helped us achieve things that were previously unimaginable, but I don't think that's enough to say we can't do better for more people.

Re:France’s Message for Capitalism: Adapt or Die by AnimalMuppet on Tuesday March 19, 2019 @03:15PM (#19434541)
If you want better paying work, have the government stop taking more than 50% of the money.

(I don't mean that the government charges 50% taxes on workers. I mean that, in France, government consumes 50%+ of GDP - or so I understand.)

Re:France’s Message for Capitalism: Adapt or Die by avmich on Tuesday March 19, 2019 @05:56PM (#19436432)
We've generally tried that. Turns out there appear strong ones who bend the rules to their wishes. So we had to gather together to defend ourselves from such behavior.

Here we see another iteration of power grab - and another iteration of defense. Government isn't only the burden, it also serves some purposes.

Re:France’s Message for Capitalism: Adapt or Die by AnimalMuppet on Tuesday March 19, 2019 @06:48PM (#19436920)
I agree that government serves some purpose. I agree that it's necessary to keep the strong from devouring the weak. But half the GDP? Is that much government necessary?

And if it is, then you don't get to complain that work doesn't pay very well. You're taking the rest of your compensation in the form of government.

Re:France’s Message for Capitalism: Adapt or Die by taobility on Tuesday March 19, 2019 @02:40PM (#19434075)
when the broken people is number enough, they could blame the system is wrong. 1+1 can not equal to 2 when most people agree with that.