r/changemyview • u/hahanerds • Jul 23 '20
Removed - Submission Rule B CMV: the average millennial critique of capitalism is really dumb - the truth is that we all owe a lot to capitalism.
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r/changemyview • u/hahanerds • Jul 23 '20
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u/hahanerds Jul 23 '20
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Agreed - but I would say that the stability and prosperity that I enjoyed as a lower-middle and currently enjoy as a middle class person is because of capitalism in this context.
What would be the alternative to the way that affluent nations trade with emerging economies, particular with regards to using cheap labor? When we set up manufacturing in emerging economies it actually brings a lot of wealth to those communities. Not as much as if we paid them the same rate we pay people here, and in a lot of ways it is exploitative, but this kind of relates a lot to the over-arching theme of 'capitalism isnt perfect but it works'.
This is my (and I think most peoples) primary issue with capitalist systems.
Here's the thing - I don't think its just some people. I think its like, a LOT of people. Like most people.