Capitalism really is just a ruse to make a handful of people wealthy. The average person is never going to make it.

[Professor Emeritus]

Every economic system you can name (and you haven’t named a better one) is flawed.

* Eliminate loans-at-interest as the money system. It just ensures that the rich get richer off the backs of those in need, while the planet is destroyed by the unending growth necessary to pay off interest.

* Replace it with a money system based on the production/protection of some objective national good. Similar to the gold standard, but instead of exchanging money for the mining of gold (which is arbitrary and destructive), exchange it for, say, the acreage of forests restored or Superfund sites cleaned up.

* Ensure every employee has shared ownership of the fruits of their labor

* Institute UBI

* Institute negative interest rates

There’s not one perfect system you can think of. But leaving the industry and trade in the hands of the people (meaning every citizens) is always going to be the best one…

lol, it would be wonderful if industry and trade was in the hands of the workers. But that's not capitalism. Capitalism puts industry and trade in the hands of capital, not people.

You try to create some dichotomy between industry being controlled by a government elite and industry being controlled by an unelected monied elite, but they're the same fukking thing - a few people in power fukking over the workers for their own benefit.

 

[Everythingg]

This parable begins to show how competition, insecurity, and greed are woven into our economy because of interest. They can never be eliminated as long as the necessities of life are denominated in interest-money. But let us continue the story now to show how interest also creates an endless pressure for perpetual economic growth.

The rest of your post is smart dumb babble but Interest is exactly one way they rigged capitalism. Woodrow Wilson quote:

The great monopoly in this country is the monopoly of big credits. So long as that exists, our old variety and freedom and individual energy of development are out of the question. A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men… ”

Interest, especially at the hands of a private entity that cannot be audited yet controls the country’s money supply (Federal Reserve) IS NOT CAPITALISM. That’s an example of how capitalism in almost every country has been rigged. But you’ll ignore this while never naming what economic system is better

 

[Everythingg]

* Eliminate loans-at-interest as the money system. It just ensures that the rich get richer off the backs of those in need, while the planet is destroyed by the unending growth necessary to pay off interest.

* Replace it with a money system based on the production/protection of some objective national good. Similar to the gold standard, but instead of exchanging money for the mining of gold (which is arbitrary and destructive), exchange it for, say, the acreage of forests restored or Superfund sites cleaned up.

* Ensure every employee has shared ownership of the fruits of their labor

* Institute UBI

* Institute negative interest rates

Now name the economic system that would be the foundation of your make believe system because all you’re doing is naming things you’d edit out of this capitalism to make it more fair for everybody. But at its foundation? It’s still capitalism

lol, it would be wonderful if industry and trade was in the hands of the workers. But that's not capitalism. Capitalism puts industry and trade in the hands of capital, not people.

You try to create some dichotomy between industry being controlled by a government elite and industry being controlled by an unelected monied elite, but they're the same fukking thing - a few people in power fukking over the workers for their own benefit.

The definition one more time:

an economic and political system in which a country's trade and industry are controlled by private owners for profit.

Private owners in this definition means the CITIZENS. A farmer growing crops and taking them to the market to sell is capitalism.

 

[Mister Terrific]

Yep we are all fukked in the long run. Capitalism is a naturally contradictory economic system. Capitalism requires infinite growth and production of resources to sustain itself. We live on a finite resource planet so they automatically means Capitalism is unsustainable. If you think about it Capitalism has only been holistically implemented world wide within the last 70 years. In 70’s the ecosystem is already on the verge of collapse.

Capitalism also needs a permanent underclass of low income low skilled workers to sustain the lifestyles of everyone else. So naturally you will end up either importing that labor through immigration or outsourcing that labor, which naturally creates animosity and ethnic/racial tension.

Another contradiction in capitalism is that it necessitates competition. So capitalist countries will naturally be antagonistic towards each other because they are competing over the same markets. Richer capitalist countries will also seek to destroy emerging states as to decrease competition in the market place.



It’s amazing how Karl Marx a 19th century man could naturally look at what was occurring in the sweat shop factories of Great Britain and see how once it was applied to the rest of the world it would doom humanities soul.

 

[Gritsngravy]

Another smart dumb take by someone who does not know the DEFINITION of capitalism:

“an economic and political system in which a country's trade and industry are controlled by private owners for profit.”

Now if a country trade and industry isn’t BEST controlled by private owners (I.e. every citizen) then who should be controlling it?

Now let’s not be disingenuous about what “private owner” really means

 

[Gritsngravy]

Well with all that in mind, OP needs to complain about the rigging of capitalism and not the economic system itself. There’s always going to be rich and poor and winners and losers unless you force everyone to have the same. And forcing everyone to have the same discourages creativity and ingenuity because the reward remains the same whether you have it or not.

Capitalism with certain safety nets is the best economic system out there and it’s not even close. There was a time in America where one man could go to a factory job and take care of his family by hisself in a house with 1 or 2 cars. Isn’t that making it?

And what was america at that time?

Capitalism being the best economic model is debatable

 

[Gritsngravy]

That's the point of it few on top the rest on the bottom .

1. Gotta keep bottom feeders to fuel your workforce reason they don't like unions


2. GOP's purpose play the shyt out of poor white people and DNC's purpose focus on LGBT shyt because it doesn't change the status quo but hey folk get mad at #bothsiders

3. gotta keep that military going easy getting brainwashed I worship ("race" over self ) white guys to take the bullets for you while you make bank.

4. gotta keep the shytty jobs filled easy getting get Mexicans here to do it get Chinese in china to build for cheap while overseas
and just ease their mind by telling both groups they are better then the black man/women and they won't shack up the status quo of capitalism.



We are the only ones are not sold into that shyt don't get me wrong make your bag but as black people we not sold into the American way of capitalism we were the first victims of it.


Remember they didn't mind us around all in their house raising their kids when our ancestors where working for them for free keep that in mind.

I think people are missing the most important point of how American capitalism was even allowed to thrive

 

[Gritsngravy]

We all should’ve been in the streets protesting the fall of aa, but especially All you pro capitalist dudes should’ve been rioting over affirmative action stopping

What y’all think going to happen when it’s allowed to box black people out of work cause they not stopping at colleges, what industries make the most money right now and who in charge of them industries?

 

[Mowgli]

Communism is a ruse to do the exact same cept you're a slave who's potential is capped unless you work for the government and know police

 

[Everythingg]

Now let’s not be disingenuous about what “private owner” really means

IMF Definition:
Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests

I’m sure you want to pretend that “private actors (that) own and control property in accordance with their interests” isn’t everyday people though. But this is why definitions are so important because y’all can’t hide behind what you misinterpret capitalism into being

Capitalism being the best economic model is debatable

Name a better model then…

 

[YvrzTrvly]

There is a time delay. The avg person makes it but it takes decades from when you enter working age . Most people are young and haven't had the time to benefit yet . The only lie about capitalism, is the belief that you can get it quickly, cause most people do not do so .



They key is the "capital" part of capitalism. You must acquire the means of production in order for the system to work. This can be buying a car to resell, a house to rent/resell, business equipment to start a venture, or a stake in an existing business through a direct sale or stock holdings . But it onIy takes time to do this stuff, especially if you start at a lower income level , but it is certainly doable.


Alternatively you can even manufacturer intangible assets like engineering designs, songs, art ,etc. But even this takes decades to carry you, because you must invest in learning and mastering your craft from the artistic asset side, or decades mastering your craft from an education side with technical stuff like engineering designs/app/invention-patents.

Bahahahaha means of production and then this shyt post. Please all don't take what you read on the Internet seriously without researching for yourself

 

[Amestafuu (Emeritus)]

It's a system not a ruse. Nothing is hidden it's by design. Cut throat capitalists know this. You either opt in or out in your head space. To win this game you gotta have a healthy head start or a ruthless drive. Doesn't matter if you gonna be a doctor or a street pharmaceutical kingpin. The 1% that are self made are calculated and driven. The ones that start the race laps ahead still have the wins by proxy.

The rest of us are running up hill constantly until you either find a short cut or tap out otherwise you not winning the race just hanging in there. It's too late to reorient the world now without burning everything and starting over. You should have understood from time that salaries and wages just keep us in the game. It wasn't hidden from you. Combine capitalism with consumerism and you hava a perfect system that keeps people plugged in. People used to build houses that last generations. Buy appliances that might last decades etc. It became normal to constantly be shelling out money with planned obsolescence. Goods became cheaper but also of poorer quality to keep people buying. So if you earn more you spend more. It's a cycle. So the goal is to make more money to sustain more spending. And now they want to get everyone used to subscription for everything not even ownership.

Change your perspective. The only win is not making more or becoming a millionaire. Spending less can be just as life changing... Humans who want to cut expenditures and learn how to be self dependent, reduce the cost of living are looking at reducing the impact of capitalism by escaping consumerism. When you stop being driven by what you have to buy or pay for you realize how liberating it can be. Hopefully you have this realization before you have a family...once you do you are sort of invested in the system for the next generation via obligations.

 

[The Half-Blood FKA Prince]

Only way to win is not to play

This. @Scustin Bieburr got the right idea:

You have to understand: capitalism is a type of religion. It's taken the place of conventional religion and has even infected it and used it as a puppet to achieve its own goals(see megachurches and Mormon movements or the protestant work ethic)

There is no amount of human sacrifice that will satisfy the new God that people have chosen to pray to(the economy) remember back when people were literally asking people to risk their lives during early covid to keep businesses going?

Except to me it feels more like materialism is the religion, capitalism being more along the lines of the church.

And it may be a bitter pill for most to swallow, but the only true freedom from the hamster wheel if u not prepared to sell ur soul is to live a humble life. I accepted long ago ill never be triple 6 gang. And im cool with that. Mostly because im comfortable living a humble life. And im not willing to trade my inegrity and physical and mental health, my very soul just to succomb to materialism and stunt on the gram.

Most folks dont even realize what true wealth actually is, and that many actually had it all along, until it is gone.

 

[RickyDiBiase]

This. @Scustin Bieburr got the right idea:

Except to me it feels more like materialism is the religion, capitalism being more along the lines of the church.

And it may be a bitter pill for most to swallow, but the only true freedom from the hamster wheel if u not prepared to sell ur soul is to live a humble life. I accepted long ago ill never be triple 6 gang. And im cool with that. Mostly because im comfortable living a humble life. And im not willing to trade my inegrity and physical and mental health, my very soul just to succomb to materialism and stunt on the gram.

Most folks dont even realize what true wealth actually is, and that many actually had it all along, until it is gone.

 

[50CentStan]

We knew that op. Good point still