Not everyone in capitalism is a winner, and that's ok. The big advantage is that the losers are usually offered the opportunity to work and make a living.
The alternative is crossing your fingers and hoping the government (or whatever body is responsible for distributing pay) gives you what you need. If they don't, tough luck, there's nothing you can do about it.
The problem is that the biggest "winners" in this case are almost exclusively the people willing to go the furthest to put profits ahead of people, which in a better system would never be incentivized.
Not everyone in capitalism is a winner, and that's ok. The big advantage is that the losers are usually offered the opportunity to work and make a living.
The alternative is crossing your fingers and hoping the government (or whatever body is responsible for distributing pay) gives you what you need. If they don't, tough luck, there's nothing you can do about it.
The problem is that the biggest "winners" in this case are almost exclusively the people willing to go the furthest to put profits ahead of people, which in a better system would never be incentivized.
Capitalism is the worst economic system, except for all others which have been tried
"I went to high school. Hear my wisdom"
If you disagree, feel free to point to a superior alternative which has been demonstrated in reality
Socialism
As demonstrated by which socialist country
A huge range of them. If you can’t see which ones then that is not something anyone is capable of explaining to you
You got asked to name a successful economic system, and you chose feudalism? Holy shit man i’d love to hear the argument to back this up
Its slavery with extra steps. No upward mobility at all. Ask the Irish what caused their famous potato famine.
Feudalism didn't lift nearly as many people out of poverty compared to Capitalism.
Not trying to be antagonistic, but the only number I know from that era is the 10,000,000 civilians who died during the Bolshevik Revolution.
And I gotta admit, that's not making me look forward to your revolution...