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Response to pnwmom (Original post)

Sun Mar 10, 2019, 06:49 PM

139. Capitalism is the engine of growth

and technological advancement. It's the reason why we can live in an advanced first world nation with all of the things we take for granted.

Of course any powerful system can have issues, why a properly regulated mixed capitalist system is best, one that exists for the needs of the middle class, with a progressive tax system and safety nets.

The Malthusian argument against capitalism is mostly bunk, because capitalism is at its core a technological system which seeks efficiency, ie to do more w/less... why a car today uses far less gas than just 40 years ago.. why computers are tiny when they used to take up an entire room and use tons of electric... why the internet has replaced entire industries and virtualized our experience so we don't require physical locations (like stores) or items (like paper) all of which save the enviroment enormously.

The existence of rich people per se doesn't bug me, status hierarchies exist in all areas of life.

Bryce Harper or Manny Machado getting obscene amounts of money to hit a baseball is unfair, but it's also "unfair" that they're better looking and more muscular than I'll ever be - that's life.

All people can hope for is a fair shake and to have a decent middle class life.

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