Isn’t this essentially a red herring?
Yes, it is a true fact, but it’s ignoring 200 years of history, much of with has nothing to do with the economic model.
Plus most arguments are made in regards to more recent changes in lifestyle, where the same amount of wealth isn’t providing the same amount of reward.
Hell 200 years ago is also ignoring The Great Depression, which was certainly not a good time for capitalism (or well, anyone)
It’s a simple fact. Beating around the bush is nonsense. We are dealing with one simple fact. Every mode of government if flawed. But capitalism provably still produces the best outcomes
I’d argue a mix of policies is the best outcome. Despite the praise of Capitalism, every modern country employs both capitalist and socialist policies.
Idolizing these structures is problematic because unregulated they tend to spiral out of control, since at the end of the day they’re man-made economic policies, and self-regulation isn’t something most people do easily without consequence.
I totally agree. I still go back and forth on universal health care which is not a capitalism principle. We will always need incentives for people to acheive to better themselves. But there should be an agreed upon set of basic things everyone gets from the payment of our taxes.
