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Comment by tonyhart7

4 days ago

capitalism is the most efficient system ever

the statistic literally says it all, any person that think otherwise its delusional

9 comments

tonyhart7

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psd1  3 days ago

Is it, though?

Rule of thumb: when a fanboy asserts that any person holding an alternative view is defective, you should immediately abandon the fanboy's position and adopt the alternative view. It's heuristically more likely to be correct, and it gets you out of an odious fan club.

Case in point: China proceeded through stages of development more efficiently than any western nation. Case in point: South Korea incubated its industry in a command economy.

  • SirHackalot  3 days ago

    Throw the USSR in there as well. Central planning allowed them to leap from an agrarian society to launching Sputnik and putting the first human in space, which spooked us into kickstarting the space race. It wasn’t market incentives that did that.

    • psd1  2 days ago

      The USSR performed _somewhat_ well, but i wouldn't say it clearly outperformed the west given the whole "collapse" thing. I could argue the point, but only weakly.

      It's more illuminating to pick the two exemplars, America and China, because they have many parallels

      2 replies →

SirHackalot  3 days ago

Take a breath, you’re having a total knee-jerk reaction. What statistic?

So out of thousands of years of human history, we somehow stumbled onto the absolute final, perfect economic system 250 years ago with zero room for upgrade? Makes total sense /s. I’m sure there were those who said feudalism/mercantilism were the most efficient systems ever and we don’t need capitalism. Even Marx was a fan of capitalism, he viewed it as a revolutionary stepping stone towards a more efficient system and praised it for lifting feudal subjects out of poverty, and the massive productivity gains it produced. That’s not what’s being argued here.

> "The bourgeoisie, during its rule of scarce one hundred years, has created more massive and more colossal productive forces than have all preceding generations together."