Bardo
Unnecessary Middleman
- Joined
- Oct 30, 2010
- Messages
- 605
- Reaction score
- 361
- Location
- Florida
- Gender
- Male
- Political Leaning
- Socialist
The pros of capitalism have far outweighed the cons at this point. I attribute 99% of the conveniences of my modern lifestyle to capitalism, including my computer
I'll give you this one. Although I'll point out that the early days of personal computer development were very cooperative in nature, up until the pc market really took off.
fresh tap water (which is delivered efficiently and safely to my faucet)
You're attributing the public treatment and distribution of water to capitalism? Isn't a government agency usually responsible for this? Bottled water may be a product of capitalism, but in many cases bottled water is tap water with a fancy label.
I wouldn't quickly dismiss Capitalism and say it's on its way out just because of a few crooks in the financial realm. Imagine if we dismissed capitalism after the 1929 crash?
A theory that predates the great depression states that as capitalism matures, these crises will become deeper and deeper, relying on more and more state intervention with less and less effect. It's still too early to fully grasp the seriousness of the current crisis, but it will most likely last much longer than the great depression and will require much more state intervention to correct it. I suppose we could always nuke Japan again and reclaim the auto industry.