Describe capitalism in one sentence

[Anonymous]

Anonymous wrote:The world is (and has always been) a tough place for the stupid, lazy and those who do not understand the concept of deferred gratification. Paraphrased from Scott Galloway who is a brilliant thinker, very progressive politically but also a realist.

I’m sure it looks that way from your gilded perch, but it is not that simple.

[Anonymous]

Anonymous wrote:The world is (and has always been) a tough place for the stupid, lazy and those who do not understand the concept of deferred gratification. Paraphrased from Scott Galloway who is a brilliant thinker, very progressive politically but also a realist.

Old Scotty was not so brilliant if this is what he thought.

[Anonymous]

Anonymous wrote:The world is (and has always been) a tough place for the stupid, lazy and those who do not understand the concept of deferred gratification. Paraphrased from Scott Galloway who is a brilliant thinker, very progressive politically but also a realist.

Because gold digger wives, trust fund brats, and nepo babies are so brilliant and hard working and they are so awesome at need gratification that they just deserve it all over a poor person who works three jobs, right? No, both you and Mr. Galloway (whomever the hell he is) are just trying to justify the system filling your overstuffed coffers.

[Anonymous]

Anonymous wrote:One sentence? How about one word: America.

We are not capitalists

[Anonymous]

Anonymous wrote:The world is (and has always been) a tough place for the stupid, lazy and those who do not understand the concept of deferred gratification. Paraphrased from Scott Galloway who is a brilliant thinker, very progressive politically but also a realist.

This is excellent summation; agree with Scott Galloway wholeheartedly on this point.

[Anonymous]

Wealth smartly invested begets more wealth and the rest (most) work for wages to subsist and maybe hope for some savings.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“The worst economic system available, except for every other economic system ever devised”.

This. It sucks sometimes - but it’s still better than literally everything else.

The Nordic System- capitalism paired with a welfare state and heavy regulation- seems to have resulted in better outcomes by just about every measure than pure capitalism

That’s all well and good when you have a monolithic society in terms of race, culture and ideology, and a Teutonic work ethic that necessitates discipline and preparation for survival of the long winters with a short growing season.

When you have a bunch of people who are all alike and have a societally ingrained predisposition to really hard work, it’s easy to understand how such nations made their respective systems work.


We don’t have a monoculture like the Scandinavians do. We’re composed of people from all over the world. And many of them are from places where the growing season is year-round and doesn’t require the advanced planning mentality of the high latitudes. Good luck using a Scandinavian economic model here. It won’t work. Americans are too different and divergent.

[Anonymous]

Winner takes it all.

[Anonymous]

Ask for forgiveness, not permission.

[Anonymous]

Fake it 'til you make it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“The worst economic system available, except for every other economic system ever devised”.

This. It sucks sometimes - but it’s still better than literally everything else.

The Nordic System- capitalism paired with a welfare state and heavy regulation- seems to have resulted in better outcomes by just about every measure than pure capitalism

That’s all well and good when you have a monolithic society in terms of race, culture and ideology, and a Teutonic work ethic that necessitates discipline and preparation for survival of the long winters with a short growing season.

When you have a bunch of people who are all alike and have a societally ingrained predisposition to really hard work, it’s easy to understand how such nations made their respective systems work.


We don’t have a monoculture like the Scandinavians do. We’re composed of people from all over the world. And many of them are from places where the growing season is year-round and doesn’t require the advanced planning mentality of the high latitudes. Good luck using a Scandinavian economic model here. It won’t work. Americans are too different and divergent.

+1

[Anonymous]

Capitalism: when your poor are obese and watch cable tv.

[Anonymous]

Letting human being be free while at the same time creating prosperity like no other system.

[Anonymous]

The absolutely worst system there is, after you disregard all other systems, that is.

[Anonymous]

Anonymous wrote:Capitalism: when your poor are obese and watch cable tv.

Yep. America is one of the few places on earth where our poor live better lives than the “elite” in many African and Latin American countries.