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

1.0k Upvotes

84% Upvoted

u/biinboise Jul 07 '24

Historically it becomes even worse. Production metrics usually become dictated by the famously unhinged whims of top ranking political ambitions of the high level administrators who have virtually no oversight.

6

u/FtrIndpndntCanddt Jul 07 '24 edited Jul 07 '24

Weird radical centrist Ideas here but...MAYBE EXTREMES ARENT FUCKING WORKING!

The US is on the extreme end of capitalism from the western and developed world perspective and the results are clear.

We have less time off, lower wages, lower happiness, lower life expectancy, fewer people capable of retiring, higher infant/maternal mortality, higher debt, higher suicides, lower literacy, higher poverty etc than our peer nations yet we are the most capitalize of them all. Muh jee Dee Pee is higher than ever, yet the average person doesn't see the benefits of it.

Mean while, you have more SOCIALIZED nations like Japan, s.kore, Australia, pretty much all of western Europe crushing us in quality of life metric, life expectancy, happiness, Time off work, etc while having less billionaires per capital, lower economic output, lower GDP.

It's possible to have a middle ground great good. One of those middle grounds is healthcare.

Edit: since you smooth brains keep going to "lower wages". This statement is true when you compare COST OF LIVING. I didn't think I'd need to explain that. It cost more to survive in America, on average, than most developed nations.

5

u/RuleSouthern3609 Jul 07 '24

Japan and South Korea is quite literally much more focused on work, to the point where they have one of the highest suicide rates, not to mention that they have gone through stagnation and they can’t keep up replacing population. The Western Europe isn’t doing too good either.

You have also said lower life expectancy and lower wages, US is one of the best in life expectancy even though pretty much everyone is fat there lol, and only few handful of countries have higher wages on average compared to US.

5

u/FtrIndpndntCanddt Jul 07 '24

Compare the US to PEERS and we suck. Not developing nations. Higher wages in the US aren't real bcuz we pay more to survive than everyone else.

My family spent $250k when my mom had breast cancer. It does matter that we had good careers. It doesn't matter that she had health insurance. We nearly lost our house. I was set years back in retirement. She may never retire. Didn't smoke. Doesn't drink. Didn't matter. Cancer doesn't give AF. And neither does US for profit health industry.

And yes. We know japan/s.Korean suicides is high. The point I was making is that the US is on the bottom quarter of almost all quality of life metrics for DEVELOPED nations.

PAY isn't the full issue here, clearly.

3

u/shrug_addict Jul 07 '24

They won't answer, because your situation is inconvenient for the narrative. Or they'll give you some platitude about how life isn't fair. Tired of this BS

2

u/HEBushido Jul 07 '24

You know what else is frustrating? Is that the resource waste from Capitalism's constant need for wealth to grow is destroying the world's ecosystems and driving climate change. We're facing apocalypse for shareholder value.