• hightrix@lemmy.world
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    2 months ago

    Regarding capitalism, in reality, it is the best system we’ve seen so far.

    Yes, theoretically other systems could be better for the general public. But in reality, they never have been.

    • Cowbee [he/him]@lemmy.ml
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      2 months ago

      Socialism has been proven to do far more for its citizens than Capitalism. Capitalism is just a phase in development, Socialism supercedes it.

        • Cowbee [he/him]@lemmy.ml
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          2 months ago

          It’s important to note that the USSR didn’t build into Capitalism, but collapsed into it. The USSR was dissolved from the top-down, not due to structural failures and instability, but due to opportunism.

          There was a lot that went into the “murder” of the USSR, and numerous mistakes along the way of its development that were inevitable as history’s first Socialist State, but the idea that Capitalism grew out of Socialism is not correct. When I say “supercede,” I quite literally mean that Capitalism’s mechanisms naturally lead to Socialism over time.

          • hightrix@lemmy.world
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            1 month ago

            Strong example!

            I’m curious if we would call this time period socialism or capitalism being held in check.

            The era of high taxes on high income was definitely beneficial to more Americans than today’s low tax structure.