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RE: Global GDP Up 630% since 1980... Think Again!

in #informationwar5 years ago

The issues that people blame capitalism for have ZERO to do with capitalism, and everything to do with government corruption. The reason why, historically, Leftist/ communist / socialist governments have always led to massive suffering in the worst case, and change to the free market after economic failures in the best case, is because the more governments push away from embracing free market (FREEDOM) economic policies the more the corruption increases. The Government, ANY government, their main job is to PROTECT THEIR CITIZENS FROM ANY THREATS. The free market is not a threat to anyone. It is so rich and innovative that even the most worthless / useless / unskilled humans benefit immensely from it. What gets in the way, and always will no matter what ism you throw on the end. The type of relationship the Global companies like certain oil ones, or Google have with governments are perfect examples of why we are all screwed.

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I have been an anarcho capitalist for 10 years and have analyzed everything... competition is what creates monopolies and crony capitalism because the powerful will do anything to stay in power. The flaw is embedded into the premise. But tnx for sharing @kao22