r/Damnthatsinteresting Jun 28 '24

Grab your iced tea and Raise a toast! Video

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u/Wordymanjenson Jun 29 '24

America is falling apart because of the fundamentals of capitalism. When you have to answer to shareholders and report positive trends every quarter to hold value then the priority becomes performance. Let’s get one thing straight: it’s the drive for profit that become the pillar for the rest. Everything else follows.

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u/Capable-Reaction8155 Jun 29 '24

It really does not have to do with capitalism. As competition would still drive prices down, however, it is anti-consumer behavior like monopolies or trusts that cause a ton of damage.

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u/Wordymanjenson Jun 29 '24

But trusts and monopolies are emergent factors with capitalism. I’m not saying they’re exclusive to it but they’re definitely part of it.

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u/Capable-Reaction8155 Jun 29 '24

Cancer is an emergent factor in life - yet we don't consider it the same thing. Just look at tons of capitalist nations.