6 ms·

Well it’s capitalism. End goal of all actors in this economic system is not public good, it’s profit.

• shafyy 3y ago
  Well. There's capitalism, and then there's whatever the fuck the US is doing.
  • throwawaaarrgh 3y ago
    Super duper capitalism? Honestly we have a fair bit more regulation than we had in the past, and other capitalist nations don't have the problems we do. It's a lot more than just economic policy. Mostly I think the problem is our death cult of individualism and exceptionalism. Half the country thinks everyone should either pull themselves up by their bootstraps or die.
    • shrimp_emoji 3y ago
      I think it's the giganticness of the country and how that leads to a low degree of education for the average person (among other things, like safety nets). In a developing New World nation, you need individualism because that's how you settle a frontier, even if the individuals eventually become towns and states. The problem is that it's difficult to eventually coalesce that into a system that supports people the way Western European or Asian nations have. It takes loads of resources and hence loads of political will. If the Swiss single-handedly colonized North America, they wouldn't be able to replicate their system across the continent either. It takes a long time. Things are improving, though, I think! It's just a slow-moving process.
• passterby 3y ago
  [dead]
• papito 3y ago
  If it was all just Capitalism, we'd still be working six-day weeks without health insurance alongside our kids. There has to be a trade-off between satisfying some people's hunger for profit and, well - civilization itself.
• swexbe 3y ago
  Profit should be aligned with public good. That's where the system is currently failing majorly. Most people in all economic systems will strive for self-gain. The great thing about capitalism is that it realizes that this will always be the case and tries to co-opt this basic human desire into something good.