Comment by Vampiero
1 year ago
"A quick look through history" is what I'd expect from someone who skims over a book and completely misses the point because they think they know it all.
Indeed I gave you three constraints but you're only looking at one independently.
When else in history were markets global? Why am I arguing with someone who can't even read?
> When else in history were markets global?
Right, so the fundamental issue is that we are living in a globalized world, which reduces any room for nuance and imposes an uniform and homogenized culture, top-down policy-making, and a totalitarian approach by the ruling class.
Thing is, this would still be our reality regardless of the economic system. Globalism would be a problem even if the Soviet Union had won the cold war.
We would still be subjected to uniform culture, top-down policy-making and totalitarianism.
The people would still be acting by their own personal interests.
People would still favor short term benefits over long term prosperity.
So, again: what does Capitalism has to do with it?