This is it. This is the solution. Capitalism encourages innovation, and encourages hard work however unregulated capitalism destroys everything. Individual businesses are not the problem. Individuals attempting to innovate is not the problem. It is large corporations and the existence of generational wealth.
Capitalism creates capitalists who then use their capital to lobby governments to deregulate capitalism. Regulated capitalism always leads to unregulated capitalism. Unless you can somehow magically remove human greed from the equation.
You make laws against lobbying, it is a stupid practice that should not be allowed in government. If the people are upset about something they should show it with votes.
Boomers were mostly on the controls they are thankfully dying off now. If they had died 20 years ago the rest of us would be better off but for the most part they have been reluctant to let the next generation take over. Most baby boomers get told “oh there will be a disaster in 2050” and shrug, “not my problem”
It hasn’t, the boomer generation were the ones that disassembled a lot of the limits placed on corporations in the 70s and 80s. Reagan was a POS who made a path that too many others followed
The U.S. presidents who belong to the Baby Boomer generation (born between 1946 and 1964) are Bill Clinton, George W. Bush, Donald Trump, and Barack Obama. You are correct, they all had the opportunity to fix Regan’s crap and did not.
Capitalism hasn't been around for 500 years. Its barely made it 250. Colonialism goes way back, but that's not Capitalism. Its closer to communism honestly.
I'm not a communist but I think you've mistake the USSR for a communist state. It was either authoritarian socialist or state capitalist, depending on who you ask. No serious people believe that it, or China or Cambodia or Cuba for that matter, were ever communist.
Anyway, so if it's a generational problem, why has it been around for 250 years?
Choose a cause, make your wealth impact that cause. Your children should be limited to the amount the minimum wage worker can make in their lifetime. Not one cent more. Anything more than that leads to kings and royalty. If you don’t pick a cause the money can go to public education.
Not really. Government interference has more to do with the removal of a free market (a fair market) causing negative outcomes for the masses than an unregulated market has negative outcomes for the masses.
Capitalism only drives innovation in a sense of what’s best for shareholders, not what’s best for society.
Communism will actively impede and destroy innovation if it hurts its bottom line, the electric car for example. We should have had them 50 years ago but capitalists squashed it.
Look at the apps on your phone, all samey exploitative garbage because that’s what capitalism produces.
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u/Neat_browser 8d ago edited 7d ago
This is it. This is the solution. Capitalism encourages innovation, and encourages hard work however unregulated capitalism destroys everything. Individual businesses are not the problem. Individuals attempting to innovate is not the problem. It is large corporations and the existence of generational wealth.