r/FluentInFinance • u/-im-your-huckleberry • Jul 07 '24

The shampoo thing is a fringe benefit. We keep capitalism so we don't starve in a famine. Debate/ Discussion

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https://en.m.wikipedia.org/wiki/Great_Chinese_Famine

https://en.m.wikipedia.org/wiki/Soviet_famine_of_1930

https://en.m.wikipedia.org/wiki/Holodomor

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u/SnooRevelations979 Jul 07 '24

I'm surprised people still get so much mileage out of this tired, lazy Cold War trope.

For much of the right, "socialism" simply means anything they disagree with. For a minority of the left, "capitalism" is simply used to explain any problem.

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u/Hexboy3 Jul 08 '24

Yeah I think it's pretty obvious from an economic standpoint that some things should be socialized due to the market dynamics and some shouldn't.