RE: Moving to hive

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Moving to hive

in centralizedshitcoin •  6 years ago 

This is why capitalism is stupid and not sustainable long-term unless it's heavily regulated.

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Because one witness is unhappy for another witness he doesn't care about is the top #1?

Doesn't sound like a strong argument against capitalism.

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.

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.

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?

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.

such as Africa for example

You mean that continent where high levels of state control forestalled any kind of progress? That place? Pretty crap example of capitalism failing, chief.

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.

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.

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.