America's 1% Has Taken $50T From the Bottom 90%

Re:America's 1% Has Taken $50T From the Bottom 90% by arvinsim on Friday February 12, 2021 @01:21AM (#26111197)

IMO Capitalism is not sustainable.

And if this the best system that mankind can come up with, then the future looks bleak.

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Re:America's 1% Has Taken $50T From the Bottom 90% by wernercd on Friday February 12, 2021 @02:40AM (#26111477)

Well, honest question... what's the alternative? because all the other options have proven to be worse by magnitudes of order.

Calls that it's not sustainable are like cries of impending starvation and privation... yet "famines" haven't happened because advances created by... capitalism. Better crop yields, better farm results, etc. Driven by "greedy capitalists".

can we do better? Sure... fight crony capitalism? coporatism? absolutely...

But end of day... the alternatives? have proven worse - unless you have proof otherwise and history isn't with you on that...

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Re:America's 1% Has Taken $50T From the Bottom 90% by arvinsim on Wednesday February 17, 2021 @08:26AM (#26166018)

Capitalism, as we have it today is not even a century old. It hasn't had the to probe itself if it can last that long.

Calling it the "best" we got is rather short sighted.

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