Capitalism - Good or bad ?

[TheKentuckian]

63. Bad. It is predicated on exploitation, wide spread poverty, and endless resources.

On average the outcomes are as horrible for the masses as any other system and it is celebrated based on a brief period of exception with very little likelihood of ever being replicated that were largely illusion of perspective despite being in the exceptional period.

Without a competing economic ideology, low hanging fruit resources, and with real global competition in production there would have been no amount of effective regulation that would give the impression of broad benefit and remember that even then it was an illusion that didn't get much traction outside our shores and limited inside them.

Outside of a single generation in around three hundred years the mass impact is no better than the feudal system it replaced/papered over. I don't get the fixation with the exception and the willful blindness to the rule.

Good or bad though, it is stupid and unworkable. It requires infinite growth and resources, artificial lack to be created in the face of actual plenty to support pricing (see homelessness), and demands population growth and using resources just to do it because that enables a buck to be made.

Also, anyone who trumpets capitalism but keeps the focus on the exceptional New Deal period is running a sales pitch. You cannot gloss over and justify around 300 years with 20-30 that poorly resemble the majority, especially when you have no plan or even desire to re-create the conditions of the exception.