Quote:
Originally Posted by Oliver_W
Capitalism has lifted more people out of poverty than other system.
|
It's a little more complicated than that though, this is "snapshot thinking" i.e. believing that you can look at one period of time and project it eternally into the future. Was capitalism - all of agricultural, industrial and neoliberal - necessary and did it improve living conditions for the average person immeasurably? Yes. Is it sustainable?
No and we're now starting to see the "gremlins in the system" that mean late-stage capitalism will eventually have to become obsolete, and "future solutions" will need to be found for anyone to live comfortably. It has undeniably already peaked and wealth-hoarding needs to be addressed, quickly, or the backwards slide for most of to population will be sudden, swift and devastating.
Assuming humans continue to exist at all there are only two viable futures.
1) Increasing automation going hand-in-hand with increasing socialism.
2) MASSIVE-scale population reduction. And not like Thanos' "50%", more like 90% and with controls in place to stop it increasing from there.