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!
The mechanistic reasoning might be plausible, but is there any actual examples of a modern capitalist society regressing back to some form of feudalism to any significant degree?
The point where I’d be worried is when a single company is the majority of a country’s GDP or has complete control over the government. The only examples I can think of that even get close to these possibilities are South Korea’s Chaebols or Hong Kong’s corporate voting block.