662
Capitalism is nothing but a giant pyramid scheme.
(infosec.pub)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 29 Jul 2023
662 points (80.7% liked)
Showerthoughts
29525 readers
1166 users here now
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The best ones are thoughts that many people can relate to and they find something funny or interesting in regular stuff.
Rules
- All posts must be showerthoughts
- The entire showerthought must be in the title
- Avoid politics (NEW RULE as of 5 Nov 2024, trying it out)
- Posts must be original/unique
- Adhere to Lemmy's Code of Conduct
founded 1 year ago
MODERATORS
This utopia that capitalism works well only does in a vacuum, looking at the westernp/"developed" world. Half the world's population lives on less than $7 a day. Most people objectively have close to nothing to show for their labor.
Under capitalism those people who earn the least are improving their lot rapidly. That $7 a day you’re citing was $2 a day about 20 years ago.
Under communism people who are doing fine descend into poverty and starvation. Not “food insecurity” where they have all the doritos they could ever want, but actual starvation where they eat their neighbors to survive.