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My cousin just told me capitalism was so great, (while I have a more sinister theory about capitalism and why Karl Marx was right in some areas)

I told him if capitalism is so great why is that other third world countries that are capitalist not as developed like United States?
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Cierzo · M
I see them as the two sides of the same coin. Both reduce man to a purely materialistic condition. In both of them property belongs to some privileged few (in the case of Marxism to just one, the state). Both are harmful.