Anonymous wrote:Capitalism: when your poor are obese and watch cable tv.
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.
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
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.
Anonymous wrote:One sentence? How about one word: America.
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.
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.
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.