The appeal of socialism/communism also went away because state owned industries don’t innovate or grow the way they do in capitalist societies due to lack of competition or motivation. It doesn’t rewards humans’ natural desire to win and advance and often leads to economic stagnation and general malaise amongst the population. When things really go wrong we have malevolent dictators and genocide.
Much like Tempo likes to hate on Christianity because a few bad actors or stuff that happened hundreds of years ago, Nichi likes to hate on capitalism because some bad actors totally abused their power during the Industrial Revolution and well into the 1900s.
Asshole capitalists aren’t necessarily inherent to capitalism the way that lack of competition is inherent to truly state owned industry, but there are parallels. Labor parties and just general concern led to reform to the abuses of capitalism and eventually now in many cases we have benevolent capitalism where companies compete for labor and talent and have a vested interest in keeping their employees happy in order to keep them.
When I see people bitching about lack of a decent wage in this country I have to imagine I’m reading a post from someone who works at McD’s because pretty much every professional I work with is constantly bombarded on LinkedIn and by recruiters wanting to offer them high paying jobs. There have been and always will be opportunities for hustlers in this country. What some people want is free money for people who have no motivation to do anything, usually in exchange for their votes.
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