Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
Under capitalism, value is extracted and concentrated. That in turn means that your employer is motivated to get as much value out of you as they can. Companies are motivated to charge you as much as they can convince you to pay.
Think about a friend who might ask to buy something of yours; let’s say it’s a sofa. If we apply that same logic of capitalism, you should try to get as much money as possible. I don’t know about you, but I don’t like the way that it feels.