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Old 04-10-2020, 06:39 PM
 
5,429 posts, read 4,477,355 times
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I was more capitalistic than most in my generation (Millennial) under the pandemic hit. My belief in capitalism has taken a major hit from this. While I think that capitalism is on the whole better than socialism/communism, capitalism as it is practiced in the United States is not healthy. There have been bailouts in 2008 and 2020. If capitalism were healthy, there are no bailouts.
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Old 04-11-2020, 04:01 AM
 
6,223 posts, read 3,620,185 times
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Quote:
Originally Posted by RJ312 View Post
I was more capitalistic than most in my generation (Millennial) under the pandemic hit. My belief in capitalism has taken a major hit from this. While I think that capitalism is on the whole better than socialism/communism, capitalism as it is practiced in the United States is not healthy. There have been bailouts in 2008 and 2020. If capitalism were healthy, there are no bailouts.
Capitalism isn't perfect, but socialism consistently fails so we need to avoid that. Also, I don't think the US would have handled this pandemic better just by being socialist. It would be best with capitalism + competent leadership.
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Old 04-11-2020, 04:52 AM
 
18,553 posts, read 15,636,204 times
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Originally Posted by vision33r View Post
We are transitioning to a socialism society right now as governments around the world prepare stimulus checks to citizens. The same way that many have said in the past of having a "basic income" for everyone. We still have people that need to work for society. But we have the means of technology to have a voluntary work force rather than society that live to work or work in order to survive.

This pandemic isn't the only problem, there will be future natural disasters like in the past of the great flood, mega storms, earthquake, or even a global climate change that may alter the climate of the world. We need to move away from a capitalistic society and move into an altruistic society where everyone work on the betterment of the society and evolution. The goal is that we need to one day colonize another planet or space. This planet one day will become uninhabitable for life. The earth at any point in time can become completely uninhabitable and wipe out all lifeform and our specie will be extinct if we don't work on evolving our specie to the next level of intelligent beings.

Want to know why aliens don't communicate with us even though they do exist? Because if you look at our specie from a holistic sense we are no different than what viruses do. We reproduce, kill one another, and use up natural resources without giving anything back to earth. That's what viruses do, we are no better.
I hope we will be able to colonize other planets before our own becomes totally uninhabitable. But that depends on sociological forces that could limit the number of people that join the anti-science bandwagon which has now completely taken over one of the two main political parties in the US, to the point that members of this party never support public funding of any research except for that which can be used to fight a war.
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Old 04-11-2020, 06:47 AM
 
6,223 posts, read 3,620,185 times
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Originally Posted by ncole1 View Post
I hope we will be able to colonize other planets before our own becomes totally uninhabitable. But that depends on sociological forces that could limit the number of people that join the anti-science bandwagon which has now completely taken over one of the two main political parties in the US, to the point that members of this party never support public funding of any research except for that which can be used to fight a war.
Neither party really cares about science
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Old 04-11-2020, 08:34 AM
 
Location: equator
11,094 posts, read 6,691,195 times
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People on here are describing socialism as if it were communism. Sheesh.

Seems to be working pretty well here in Europe.
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Old 04-11-2020, 08:44 AM
 
Location: The Carolinas
2,511 posts, read 2,824,494 times
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Socialism is a great idea--they just haven't put the right people in charge (me).
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Old 04-11-2020, 09:21 AM
 
Location: State of Transition
102,260 posts, read 108,258,157 times
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Originally Posted by Sand&Salt View Post
People on here are describing socialism as if it were communism. Sheesh.

Seems to be working pretty well here in Europe.
That's not Socialism, though. Bernie Sanders got a stern talking-to from the King of Denmark, when he referred to their system as Socialism.

Really, a new term needs to be coined to describe Europe's system, because it is very much capitalism-based. It makes no sense to call it socialism. And "democratic socialism" doesn't describe it, either. Because it's still capitalism, plus, the Socialism of the Soviet bloc also claimed to be democratic. They did have elections. The old-style Socialism is still alive and kicking, and rattling around Latin America, in case anyone is wondering, so we really do need a new term for Europe's capitalistic "socialism".

"Kinder, gentler capitalism"? "Welfare capitalism"? IDK. Maybe we should organize a contest, to see who can come up with a good term.
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Old 04-11-2020, 10:31 AM
 
5,429 posts, read 4,477,355 times
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Originally Posted by Foamposite View Post
Capitalism isn't perfect, but socialism consistently fails so we need to avoid that. Also, I don't think the US would have handled this pandemic better just by being socialist. It would be best with capitalism + competent leadership.
Capitalism, as it has been practiced in the United States, is not true capitalism but crony capitalism. Crony capitalism has failed my generation (Millennials) twice. Millennials are sick and tired of the current capitalistic system not serving their interests. Which generation suffered the most when capitalism was shaken to its core in 2008? The answer is Millennials. Millennials couldn't get their first jobs out of school in the late 2000s/early 2010s and had to retreat to their parents' basements. That traumatized many Millennials and left them massively distrusting of the current capitalistic structure. Millennials are also taking the brunt of the layoffs in the 2020 Coronavirus pandemic as well.

As an early Millennial, my MBA graduation was mere months before Lehman collapsed. Even before Lehman collapsed, there were bad signs in the economy, especially as it pertains to new MBA hiring. Big companies plan out their new MBA hires about a year in advance. In Spring 2008, many large companies were setting up hiring freezes. As far back as Oct-Nov 2007, my MBA classmates and I were seeing our interview pipelines dry up and/or get cancelled. This whole era was immensely traumatizing.

I have been decimated by the 2 worst recessions of the last 80 years (2008 and 2020 COVID). My early career has been obliterated. It took me until the late 2010s to recover from the last recession. There is a chance that I will be picking up the pieces from the financial devastation of 2020 for a good portion of this decade. That would make both my 20s and 30s lost decades at the hands of crony capitalism.

I just don't know what to believe anymore. I don't think socialism/communism is the answer, but I'm certainly not happy with capitalism. Perhaps you are correct in stating that this is a problem of competent governmental leadership, which has been lacking from both U.S. parties for decades.
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Old 04-11-2020, 11:13 AM
 
37,715 posts, read 46,149,173 times
Reputation: 57303
Quote:
Originally Posted by vision33r View Post
We are transitioning to a socialism society right now as governments around the world prepare stimulus checks to citizens. The same way that many have said in the past of having a "basic income" for everyone. We still have people that need to work for society. But we have the means of technology to have a voluntary work force rather than society that live to work or work in order to survive.

This pandemic isn't the only problem, there will be future natural disasters like in the past of the great flood, mega storms, earthquake, or even a global climate change that may alter the climate of the world. We need to move away from a capitalistic society and move into an altruistic society where everyone work on the betterment of the society and evolution. The goal is that we need to one day colonize another planet or space. This planet one day will become uninhabitable for life. The earth at any point in time can become completely uninhabitable and wipe out all lifeform and our specie will be extinct if we don't work on evolving our specie to the next level of intelligent beings.

Want to know why aliens don't communicate with us even though they do exist? Because if you look at our specie from a holistic sense we are no different than what viruses do. We reproduce, kill one another, and use up natural resources without giving anything back to earth. That's what viruses do, we are no better.
You go first.
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Old 04-11-2020, 11:20 AM
 
37,715 posts, read 46,149,173 times
Reputation: 57303
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Originally Posted by Sand&Salt View Post
People on here are describing socialism as if it were communism. Sheesh.

Seems to be working pretty well here in Europe.

Bolivia is a true socialist country.

Have fun.

https://www.hrw.org/news/2020/04/07/...ee-expression#
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