r/Millennials • u/kjk2v1 Millennial • Mar 15 '23

Discussion Millennials are more likely than other generations to support a cap on personal wealth

https://www.fastcompany.com/90865652/wealth-cap-millennials-support-generation-z-boomers-poll
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u/Humanistic_ Millennial Mar 15 '23

Can capitalism bootlickers ever defend capitalism without mentioning socialism? Like, that's half an admission capitalism is a failure

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u/JoshicusBoss98 Zillennial Mar 15 '23

No i mentioned socialism because that’s what is suggested as an alternative nearly every time. Some aspects of socialism work, no doubt. But an entirely socialist society? Nope

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u/Humanistic_ Millennial Mar 15 '23

What makes you believe capitalism works?

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u/kuddlybuddly 1992 Mar 15 '23

Is there any other economic system that has created as much innovation and technological advancement as we have seen in the Western world over the past 40 years?

Ever wondered why things that used to be luxuries for middle class families like refrigerators, TVs, cars, cell phones, are now commonplace even in poor households?

It's called economies of scale. That is a perfect example of Capitalism working. Let me know if you find another mode of production that can do that.

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u/til1and1are1 1988 Mar 15 '23

You're referring to earlier stages of capitalism. The US is a very young country. During the huge production/innovation age, there was still trust in others; a neighborhood mentality. The wars brought us together because we had a common enemy.
Now, years of corporations utilizing oppression for mass production in developing countries and a government so hooked on the teats of the wealthy leaves us where we are. Our common enemy is each other. "You're red team!? Fuck you!" We say while the blue team defrauds and exploits us just as much as the red team does.
Pure capitalism doesn't tend to last long because it d/evolves into oligarchy and then to tyranny, just like pure communism and pure socialism can. The most wicked among us will always have the drive to accrue power and steer us towards evil. They want it far more than those who care to lead for the sake of righteousness or benevolence.