Hi all,

I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.

Cheers!

    • agilobEnglish
      2•2 years ago

      Not banking but transfer proxy space.

    • o_oOPEnglish
      -17•2 years ago

      Yeah, and if they serve the needs of customers better, then they’ll be given encouragement (money). If they don’t, they’ll be given discouragement (they lose their investments). Seems like a good system, no?

      Of course, corruption and regulatory capture subvert this system and are bad for everyone, but those are subversions of capitalism.