Man, I had half this post already written out, then I accidentally hit something and posted it incomplete, panicked, deleted it without copying what I already wrote, and now here I am at square one. I fucking hate this forum.
Because the wealth generation from capitalism means that even if the 1% end up rich the 99% still see enormous quality of life increases and abundant resources.
Big old citation needed here, chief. I'm still waiting to see those enormous quality of life increases from Jeff Bezos, Elon Musk, or whatever other soulless husk of a supposed human being having enough capital to single-handedly end world hunger almost overnight. I'm still wondering why, if resources are so damn abundant, we have to work harder and longer in order to afford them. If resources are so damn abundant, why does one little thing going wrong, say, the emergence of a new virus, collapse the entire fucking economy? If the end goal is for resources to be abundant, why are things like planned obsolescence and artificial scarcity fair game? How is resource abundance even a desirable thing for a system driven by profit? If resources are so abundant, why do over 10% of Americans face food insecurity? Why did we
waste enough food in the US alone in 2021 to literally end world hunger? Yes, resources
are abundant, and we destroy most of them to keep prices up. Because of profit, not because it benefits the average citizen or the 99% or whatever. So much for free markets, eh? I guess that includes the freedom to destroy goods to artificially inflate prices.
Virtually every single nation on earth has switched to capitalism, even the dozens of ex socialist states have made the switch. Big red Russia is capitalist lmao.
Do you really figure this apparent exodus from supposedly socialistic economic models to supposedly capitalistic ones is driven by the innate superiority of capitalist economic systems? That outside economic, political, and even military pressure from established capitalist countries has nothing to do with it? See the U.S.'s continued embargo of Cuba, considered illegal by, at last count, 184 of 189 U.N. member nations, with 3 abstainees. See American military intervention and U.S. supported coups in Korea, Chile, Venezuela, the Dominican Republic, Columbia, and failed attempts at intervention in Vietnam and Cuba.
Despite being premised on competition (which isn't a good thing), capitalism itself can't survive competition, not with a socioeconomic model that actually raises the standards of living for the average citizen in a meaningful way. The owning class, the ones who make all the decisions that matter in this fucking Kafkaesque parody of democracy we live in, know this, and they will go to any lengths to ensure that a viable alternative never arises. Abroad, that means brutal suppression of socialist, communist, and Marxist movements. At home, that means spreading lies and blatant propaganda about the supposed efficiency of capitalism (hint: it isn't) and the supposed evils of communism, which is basically the same thing as socialism and every other leftist movement ever.
The issue comes when certain goods or services don't benefit the consumer with a for profit model. Things like roads, healthcare, public schooling, police and so on need to be offered to people regardless of economic ability. Imagine your house burning down because you were too poor to pay the fire dept, or your kids not learning to read because you can't afford private education. Also things like reducing emissions or paying a livable wage aren't really compatible with competition as the companies that don't waste money on green tech or that keep wages low usually annihilate the companies that do. Some things 100% can not be solely provided by private companies.
Maximizing benefit to the average citizen and maximizing profit are mutually incompatible. The pursuit of profit necessitates anti-consumer and anti-worker business practices. The rest of this paragraph is an indictment of the system you're trying to defend. Strange how the solution to all the problems with capitalism seems to be to fill in the gaps with little bits and pieces of this supposedly failed economic model that nobody uses anymore because it's bad. On the other hand, I think you're part of the way there. Just take a few more steps and realize that the whole damn system is rotten and needs to be replaced.
Despite what the average Redditor might have you believe if you are middle class in the US you can actually live quite well with a decent job and health insurance, but if you aren't in the middle or upper class you will struggle far more than you might in a different first world nation.
The Redditor quip is cute, I'll give you that. Somewhat undermined by the fact that it's preceded by an average uninformed Redditor's description of the spectrum of capitalist economic models, but cute. But what I really love here is the tacit admission that even if you're a middle class American living the American Dream™ and not one of the ever swelling number of people living below the poverty line or in absolute destitution on the streets, you're one bad day at work, one company down-sizing, one unexpected medical expense that your insurance refuses to cover away from the security of that cushy little "middle class" life being ripped away from you. You know this. This is precisely the position your masters, sorry, employers, want you in. This is where they can wring the most productivity for the lowest wages from you. Security for the average citizen is not in the best interest of profits.
Capitalism will never solve climate change. I don't understand why some people insist that playing within the rules of the very system that incentivized the rampant burning of fossil fuels and destruction of important carbon sinks that got us to where we are today is the way to go forward. It isn't. There's an old Cree proverb; "only when the last tree has been felled, the last fish caught, the last river poisoned, will we realize that we cannot eat money". Strange how a people who lived removed from the capitalist system could be so insightful into it. We can see this in effect in the world around us this very moment. Corporations are still funding misinformation campaigns about climate change. They're still digging their heels in and resisting efforts to curb emissions (which is a little bit like trying to put a band-aid on a sucking chest wound; it's already too late for such mild measures). Governments across the globe are abetting them. Most refuse to invest in measures to mitigate the effects of climate change outright; in the case of the few that do fund some projects to mitigate or prevent climate change, it's too little, too late. We haven't even begun to take meaningful steps in the right direction.
The IPCC reports are clear; only one thing even has the potential to stave off an environmental disaster and accompanying human suffering the likes of which haven't been seen in human history. That one thing isn't to shoot shit into near earth orbit and hope that doesn't make the problem worse in the long run, it isn't to sit around and wait for some miracle technology to come along and fix all our problems, it's to slash carbon emissions to near zero as soon as possible. That cannot happen under a capitalist system. That
will not happen under a capitalist system. It goes against the short-term profit motive that drives capitalism, and no amount of socialist policies and market restrictions grafted to the side of a great capitalist machine will change that fundamental fact. The only thing that can enable that kind of change is radical and widespread social change to match it. Every minute spent trying to make capitalism work despite its clear and evident failings is a minute squandered in the face of disaster. Grab yourself some vodka, embrace the revolution, and read some fucking Marx, Blue Harvest.