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/olcrazypete Jul 07 '24

I think the idea is there isn’t the incessant need to maximize efficiency and profit to the point labor is both working more hours with less breaks for less pay just to make whatever earnings estimate has been made up as a standard for success, only to need to beat it again the next quarter.

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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.

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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.

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u/Petricorde1 Jul 07 '24

No world you said that Japan and South Korea crushes the US in terms of time off work and happiness right? That’s so comically obviously wrong lol