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I know this will ten trillion retweets, because it's SOOO trendy. But it's not as brilliant as everyone thinks it is.
Supporters of capitalism have never claimed that bad stuff can't happen in capitalist economies, or that if it does, it's not REAL capitalism.
Instead... (1/n)
Supporters of capitalism have never claimed that bad stuff can't happen in capitalist economies, or that if it does, it's not REAL capitalism.
Instead... (1/n)
...what I'm saying is that in capitalist economies, The Bad Stuff is optional. It's a political choice. Capitalist economies do not RELY on The Bad Stuff.
You can see this from the fact that when they stop doing The Bad Stuff, there are no negative consequences. Look at...
You can see this from the fact that when they stop doing The Bad Stuff, there are no negative consequences. Look at...
...the decades after the abolition of slavery in the US. Was that a time of crisis of US capitalism? On the contrary. It was a relative golden age, during which the US became an industrial superpower.
Or look at Britain when its colonial empire dissolved. Was that...
Or look at Britain when its colonial empire dissolved. Was that...
...a time of economic crisis? No. It was the time of the postwar boom, when "we've never had it so good". Ditto France, when they lost their colonies.
Under capitalism, Bad Stuff is optional.
Contrast that to what happens to socialist systems once they stop doing Bad Stuff.
Under capitalism, Bad Stuff is optional.
Contrast that to what happens to socialist systems once they stop doing Bad Stuff.
Like the Soviet Union with Glasnost. Lasted for another 5 years or so, and then it was finished.
Or the GDR once the Berlin Wall was open: was gone within less than a year.
Under socialism, The Bad Stuff is NOT optional. It's what props up the system.
Or the GDR once the Berlin Wall was open: was gone within less than a year.
Under socialism, The Bad Stuff is NOT optional. It's what props up the system.
So before you just retweet the same fashionable nonsense as everyone else, in order to signal how trendy you are - pause for a moment, and think things through a little.
Don't try to be trendy. Try to be right.
Don't try to be trendy. Try to be right.
