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A comment on Capitalism’s over: The man who made millions betting economy would never recover. Parent comment

Re:Capitalism’s over: The man who made millions betting econ... by aeternum on Monday November 22, 2021 @06:27PM (#29312834)
The article was rubbish, the author himself is a counterargument to his point. He came from a poor family, worked hard studying economic history, became a successful trader and thus extremely wealthy, yet he still proports

>Now, no matter how hard you work, how smart you are, if you come from the ‘wrong’ family you’ll probably never own property. That is feudalism. We’re going back into a world of aristocracy. Capitalism’s over.

Seems more like he thinks so much of himself that no one else could possibly do what he did.

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Re:Capitalism’s over: The man who made millions betting econ... by thundergolfer on Tuesday November 23, 2021 @06:14AM (#29316523)
He says “probably” so the existence of himself is not a counterargument.
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Re:Capitalism’s over: The man who made millions betting econ... by panick21_ on Tuesday November 23, 2021 @06:53AM (#29316776)
If he want's to declare 'capitalism' over then he should do more then say 'probably' as that is quite a range of possibility. How 'probable' is it and what alternative system does he propose that makes it much more 'probable'.

By the reading he suggest, I has fallen in with a school of economic thinking that is basically going back to 1960 socialist school of thought that in my opinion is so much theoretical nonsense with no practical reality.

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