That's as rational as claiming that all capitalism is Ayn Rand's Morally Pure Capitalism, risking all members of your own society and others by pretending that capitalism is always virtuous and never starts wars or "invests" in politicians. Look at the Middle East to see it work!
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Virtue is an action that costs you personally, has nothing to do with markets. Risk revenue, reputation, or safety. Capitalism is the reason billions have been rised out of poverty, & feeds the world. Communism/socialism has killed over 100 million & impoverished many more.
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Capitalism is doomed to failure. We can not grow indefinitely on a planet with finite resources. It was thought in a world without limit. Our oil resources are. And the enormous tensions that it generates will soon burst forth.
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Malthusian have made your very argument for over two hundred years & have been wrong the entire time. Unfortunately they did starve many millions. Dangerous ideology. Technology continues to accelerate giving us more options. Populations are declining in developed countries.
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Malthus had not foreseen the power of globalized oil and the non-linear aspect of climate. Cissor effect. Free trade ideology based on fossil fuels is a total nonsense and leads us to short-term loss on a global scale.
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Again technology provides solutions here, nuclear & solar being the obvious ones. Electric cars are also becoming affordable. Markets not bureaucrats, yield innovative solutions. The scarcity is only in your mind.
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The available studies (MIT) show for the moment that nuclear power and renewable energies will not be enough to prevent a drastic collapse of human civilization by 2100.
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Eyes closed to the historical reality in which socialism was born...
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There will always be those willing to use violence to create utopias. They always summon hell instead.
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Indeed. But utopias breed on misery. Social corrections (of capitalism) mitigate that risk.
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Local communities should take responsibility for those down on their luck. Rather than outsourcing it to the federal government. Because it creates a diffusion of responsibility Local community can better address needs than a large bureaucracy (socialism).
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If you're a coal miner in 1850, your local community won't help much - they're all 'down on their luck'. Small is beautifull, but for them big was useful (socialism).
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Regulation to mitigate risk isn't socialism. Socialism is Venezuela and its starving. Zimbawa and its perpetual hell. Cuba, SA etc... Even Europe with its socialism-lite has gone into a dark age. They no longer innovate. And much of the continent is becoming third world.
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You're right. I'm confusing socialism (social ownership) with social democracy (correcting for social justice). In Europe they're often used as synonyms.
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What’s the opposite of capitalism?
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Slavery.
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The slave trade was a legit market closed by the government
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Securing human rights is the only vindication for having a monopoly on violence. Maybe there are other less obvious reasons as well.
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Your sentence is brilliant. It can be used in any situation. Replace communist and socialist with your favourite religions or Anti gun control or gun control or really any buzzword of the day.
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Disagree. The historical back testing no longer works. Religions have a track record of success because they are evolutionary systems that provide survival heuristics. They also provide common morality, creating mutual trust & enable scalable societies.
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