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!

  • ZILtoid1991@kbin.social
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    1 year ago

    I started off as capitalist. I believed the fairy tales from silicon valley: If I work hard enough, I might be able to rise to the top, not only able to leave my hometown or my country, but also I might even able to buy a cheaper sports car. Used, but it might be fun to refurbish, or even customize. I even had a paranoid fear of communism, due to fear mongering from the right.

    Then reality hit hard. First, I had to learn that the people I idolized didn’t just make some mistakes, but were outright evil, while the competition isn’t much better. Then I had struggle with trying to find a job, especially due to my inability of making up a story of long time employment history and achievements. And then I had to drop out from college, because I couldn’t do my mandatory internship time.

    When I said we should at least do some regulations to not let these things to run amok, the answer was that it would be “communism”, and instead we should left it up to the free market. And if the market doesn’t have problem with it, then I’m in the wrong.

    Then I found Libertarian Socialist Rants on YouTube, the forerunner of what we know as “lefttube”. The rest is history.