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Over 7,000 students see their lunch debts wiped after $1 million donation
(www.goodmorningamerica.com)
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this post was submitted on 27 Jan 2024
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It's a clash of two worldviews. The purest form of capitalism believes that the individual is selfish and thinks only of himself. Therefore, it's up to the individual to succeed no matter what, relying only on himself.
On the other hand, we have the Scandinavian system, where the individual is not inherently selfish, but selfless, it's all about reciprocity, helping each other.
To me, the purest form of capitalism is pure evil. It sees the world as half empty instead of half full.
Lunch debt should not be a thing.
I highly disagree, because the purest form of capitalism expects there to be rules and safeguards against exactly that. I may be biased, because to me Rhine Capitalism is the purest form, as the markets itself are completely free to define prices and have open and fair competitions, leading to egalitarian distribution of goods.
However, as society grows more selfish, sadly it doesn't work anymore. Like democracy and various other forms or organisation.
Um, bullshit. Pure capitalism is entirely unregulated. Regulation, fair trade, prohibitions against monopolies and anticompetitive practices, labor rights, those are all socialist additions.
The US does regulate the hell out of unions though. Right to Work is a regulation twisting the free market. So is the prohibition on solidarity strikes.
Yes indeed. Thank you, socialism.
Maybe in the U.S., everyone else around the world, doesn't consider these to be "socialist" additions.