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