Because people with large stake will always do things for profit and to benefit themselves over the rest of the people in the society/community.
RE: Moving to hive
You are viewing a single comment's thread from:
Moving to hive
Moving to hive
Because people with large stake will always do things for profit and to benefit themselves over the rest of the people in the society/community.
"Will always"
Nope, it doesn't always happen. And that's not really a factor why capitalism wouldn't work.
Most people are here anyways for the reason to benefit themselves.
Lucky for us and them, there are many people helping the community too.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Give me one capitalist society that works well and for everyone that has ever existed in the history of humanity and has lasted for a very long time.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well that's kind of hard, capitalism hasn't been around that long. However as capitalism has been introduced, poverty in the world has reduced, people live longer and more children are able to attend school etc.
Does this sound bad to you?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Capitalism actually has the inverse reaction on all those topics. Those are a thing because of technological improvements, of which capitalism holds back from many places around the world such as Africa for example. You are on the opposite side of correct.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You mean that continent where high levels of state control forestalled any kind of progress? That place? Pretty crap example of capitalism failing, chief.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Global capitalism affects the entire world, lol. States existing and enforcing things and controlling this is inherently capitalistic as they own the land and enforce laws. Ideal world system would be globalized anarcho communism where everyone works together and builds together. Nationalism and "this is mine!" mentality is poison.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lmao. Right, cause exclusive use of natural resources doesn't reduce conflict.
Two people want to make use of the same plot of land. No one can own anything, so neither can exclude the other. How is this problem resolved via anarcho-communism?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why would those two people want to use the same space when there's enough space of equal value for everyone to use at their own leisure?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Care to open up? As the markets are more and more free, the people have been prosperous and living better. If you're claiming capitalism has been only holding these back, I could be interested on how you have anything to back this up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Again, that's technology. Also, the markets in current times aren't free, they are owned and manipulated by corporations. Hence the reason why wages have been going down in America for the past 30-40 years.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Of course markets aren't free, but people are free to make choices in the market and this determines the success of corporations.
In socialism, the people can't choose and thus people can't make better choices.
But about the wages.. this is data regarding average wages in the US:
![](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmXkmuaUs5MkHhLp9yJQQxM9E64gu3ngmL5fff6nwqcoSy/image.png)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Do you not understand how inflation and lack of minimum wage tie works? "averages" are up because big money CEOs make more money but the actual middle class median worker makes the same, and the dollar inflates and becomes less valuable, so people making $10/h for a decade lose value over time. This chart is meaningless as it doesn't factor literally anything.
In socialism, people can choose whatever they want, people are just compensated by the value of their work instead of the CEOs stealing it all. Please try a bit harder.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit