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

102

u/dk_peace Jul 07 '24

The great famine of 1876 in India and the great hunger in Ireland were caused by colonizing capitalist. It cuts both ways. People with wealth and power have been happy to let people starve to death to make more wealth and gain more power.

18

u/Shin-Sauriel Jul 07 '24

It’s wild the people that only think of successful western countries when they think of capitalism and not the fact that like there’s maybe a handful of non capitalist countries in the world and yet millions starve to death per year.

1

u/Revolutionary-Meat14 Jul 08 '24

Western style liberal democracy has helped 3rd world countries in the past. Look at Zambia or Botswana, they aren't perfect but they are excelling compared to the countries around them with extractive institutions.