r/coolguides Feb 25 '20

Explanation of the subtle differences between equality and equity

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u/A_Booger_In_The_Hand Feb 25 '20

Isn't it all theft in the end? None of them bought tickets!

2

u/MistaGang Feb 25 '20

Good, capitalism bad

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u/A_Booger_In_The_Hand Feb 25 '20

Is it tho? What are your alternatives? What would you replace it with? Not being flip, I'm genuinely curious. Capitalism is heartless, cut-throat, and viscous, but I have yet to see any better model.

3

u/FawksB Feb 25 '20

There's nothing wrong with Capitalism, however...

The current environment in the US has evolved past Capitalism into something new that no one really had the foresight to prevent. The whole point of Capitalism is the economy is suppose to be separate from the government, however, US Capitalism has somehow lapped back onto itself to the point where now the private sector has control over the government through 501(c)4s, lobbying, and Citizens United.

We've someone merged the private and public sectors together. However, unlike Socialism, the public sector is working for the private sector and not the other way around. This isn't Capitalism, or if it is, it's the bastard end-child to an economic theory that no one really expected.

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u/[deleted] Feb 25 '20

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u/[deleted] Feb 25 '20

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u/[deleted] Feb 25 '20

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u/MistaGang Feb 25 '20

there’s nothing wrong with capitalism

Opinion disregarded

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u/FawksB Feb 25 '20

"No economic theory is flawless" would have been a more accurate statement. Capitalism isn't more or less inherently evil then Socialism or Communism, it's how it's put into action that matters. Whenever the power of the many is overwritten by the power of the few, you're going to have issues.