To attribute ANY scientific advances to “capitalism” or “communism” is completely absurd. NEITHER of those have anything to do with the advancement of science, which has progressed in every kind of society.
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Replying to @mediocre_danny @KEEMSTAR and
2. No surplus of food and capital means no development and a nation one step away from famine.
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Replying to @simon_enefer @KEEMSTAR and
Achieving a surplus of food does not require capitalism, and never did.
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Replying to @mediocre_danny @KEEMSTAR and
1. Yes, Ancient Egypt could create surpluses, but not all the time. You may be interested that the first strike in recorded history occurred in Ancient Egypt, by craftsmen responsible for tomb construction. Middle kingdom I think.
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Replying to @simon_enefer @KEEMSTAR and
Shortages happen under capitalism all the time, too. See: the entire third world
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Replying to @OhNoIts2016 @KEEMSTAR and
But they aren't capitalist countries. They have received the equivalent of three Marshall plans worth of aid and debt forgiveness worth hundreds of billions of dollars from capitalist countries and they are still poor. When does the aid stop?
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Replying to @simon_enefer @KEEMSTAR and
How can you say they’re not capitalist countries? What system do you think they have? Are capitalist countries known for giving aid to socialist countries?
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Replying to @mediocre_danny @KEEMSTAR and
If you don't have rule of law and property rights you can't have capitalism. Capital itself will flee to where it us safe from confiscation or outright theft.
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Replying to @simon_enefer @KEEMSTAR and
You know there’s enormous industry throughout the entire third world, right? Every country in the world that isn’t currently undergoing civil war has “rule of law” and “property rights.” And the property rights are what define the economic system! So, what system is it?
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Replying to @mediocre_danny @KEEMSTAR and
Not true. Most countries are very corrupt. Nigeria loses billions each year because of anything from people tapping the oil pipelines to central bankers transferring cash into their own account. The result is that you need powerful friends not a good lawyer!
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ALL countries are corrupt— or at least, every country that’s recognized by the U.N. Of course the Central Bank of Nigeria is gonna stealing money, it’s a bank. They’ve only accounted for $40 million in audits so far though, we’re not talking Wells Fargo here
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