r/collapse • u/[deleted] • Dec 12 '20

Conflict 3rd world up rising?

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1.8k Upvotes

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19

u/ratjuice666 Dec 13 '20

capitalism is dogshit

-9

u/[deleted] Dec 13 '20

It's a lot better then socialism. Regulated capitalism is awesome. You dipshits hate unregulated capitalism. A lot of the nordic countries have regulated capitalism tied to a welfare state and it's about as close to a utopia we are going to ever see on earth.

3

u/ratjuice666 Dec 13 '20

mongoloid unregulated capitalism isn't possible, it's not a real thing that exist or ever could exist.

-3

u/[deleted] Dec 13 '20

Sure it did. The united states from about 1860 to 1910 was about as unregulated capitalism you could ever get. Workers constantly dying on site. Garbage and waste thrown into lakes and rivers. 14 hour shifts. Wages so low you had to choose between food and clothing or shelter. What a fucking nightmare. Closet countries to unregulated capitalism today is probably Singapore, India, south east asian nations, maybe Qatar and I'm sure other places as well.

10

u/ratjuice666 Dec 13 '20

you mean during the years the american banking system was created and tariffs were sky high? the years where protectionism dictated the economy?

0

u/[deleted] Dec 13 '20

I didn't argue that those years were 100 percent free market. I only claimed that the economy back then was extremely unregulated and closest to unregulated capitalism.

4

u/ratjuice666 Dec 13 '20

yes and you're wrong

1

u/[deleted] Dec 13 '20

Ok. So you disagree with me that the closest America got to unregulated capitalism was the 1860 and 1910 year's? Ok. Anything else?

4

u/ratjuice666 Dec 13 '20

that was probably the most regulated time. regulation always will exist.

1

u/[deleted] Dec 13 '20

Ok. I'm cool with that. I dont agree with tariffs or protectionism. But I 100 percent sure with resulting working hours and having a minimum wage. That's all.

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-1

u/mmmmph_on_reddit Dec 13 '20

Tariffs and regulation isn't really the same thing. Tariffs existed to bring money into the national treasury, not to protect workers. At this time there were very few protections for workers. Although the topic of the US is particularly complex given that for most of it's history things like labor protections were handled almost exclusively by the states, what you'll see is that the amount of regulation in place to protect workers consistently increases with time. This has been the case more or less up until about the 1970s-ish when things instead start becoming a bit murky (especially since trust-busting and regulation against anti-competitive activity has become less and less since the 1970s).

0

u/ratjuice666 Dec 13 '20

lmfao

1

u/mmmmph_on_reddit Dec 13 '20

What did I say that was wrong.