Originally Posted by
Marcus_Ti
The point is...if you're going to be strictly and semantically accurate--these 'free markets' things you're speaking of never have and never will exist. Strictly speaking. The way the function now, IRL, is how they always have--and probably always will.
and to take it totally over the top. Free markets have functioned to create an amazing amount of wealth, in the world, with 1.2 billion people raised out of abject poverty since 1990, a U.S. where we enjoy a wealth of high end bikes and the ability to pay for them, rising incomes, pre pandemic, for all Americans, and rising faster for lower income and minority groups,
Admittedly, the pandemic has set some of this back. However, the system you denigrate also created pharmaceutical companies, with the capital, ingenuity, and expertise to develop a vaccine in unprecedented time.
So tell the 1.2 billion people raised from abject poverty, and the 5 billion that over the next two years will avoid Covid 19 by vaccines developed by capitalists how bad it’s always been and how much capitalism sucks.
One major problem today is very few people are even aware of the fact that capitalism and free markets have saved over a billion people from poverty. Google it.
But let’s not let facts get in the way of a good narrative.