Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
This is a great rationale for markets and prices, but it isn’t a rationale for capitalism per se. It is possible for non-capitalist systems to use markets and prices.
I am not a Marxist.
There is a different philosophical rationale for what is wrong with capitalism and why an alternative is necessary. I can provide links to the comments in this thread where I try to explain it if you are interested. I am on Mastodon, so I have a character limit to deal with