No! Capitalism is literally cancer, it does not matter if your company is profitable, it need to be more profitable every year, it’s just like cookie clicker but with limited resources it can not work, it’s impossible to work on the long run, the crashes are part of the system
Any other political economic system where the profit is not the main goal could avoid this dumb logic that makes everybody pay for the bill of a few billionaires
Firstly, you were wrong when you said “no”; crashes will always occur regardless of the current political economic system.
Secondly, you chose to talk about what you thought captialism was and was not. You chose to engage in “some theoretical description”. (And you were incorrect when you did so.)
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit.[a] This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth.[b] Capitalist economies tend to experience a business cycle of economic growth followed by recessions.[13]
Crashes will always occur, regardless of “the current political economic system”.
No! Capitalism is literally cancer, it does not matter if your company is profitable, it need to be more profitable every year, it’s just like cookie clicker but with limited resources it can not work, it’s impossible to work on the long run, the crashes are part of the system
Any other political economic system where the profit is not the main goal could avoid this dumb logic that makes everybody pay for the bill of a few billionaires
What you’re describing isn’t capitalism.
I’m describing what happens on reality, not some theoretical description
I said
and you responded with
Firstly, you were wrong when you said “no”; crashes will always occur regardless of the current political economic system.
Secondly, you chose to talk about what you thought captialism was and was not. You chose to engage in “some theoretical description”. (And you were incorrect when you did so.)
https://en.m.wikipedia.org/wiki/Capitalism
Capitalism doesn’t love you. It’s just an economic system. No need to defend it like it’s your mother.
Nothing you’ve said here contradicts what I said.
I haven’t defended capitalism.