Capitalism, why are people against it?

I'd rather have good and universal healthcare, paid vacations, maternity and paternity leave, good infrastructure... all things the European social market economy provides. It's neither socialism nor hyper capitalism like in the US.

Human lives and happiness should always come before profit.

My observations over my lifetime seem to show me that on its own it means one person ends up owning everything, all competition is removed and services etc are provided purely for profit not for good. It increases inequity it doesn't decrease it.

Because it literally requires exploitation of the masses to make a tiny minority rich. It is destroying the planet, it has functionally recreated feudalism, I could go on.


Socialism is about people over profit.


And actually capitalism is why the US economy crashes like clockwork about every 10 years and why people are getting poorer.

Because that system is the most natural and the nature has no mercy for the weak and sick. It can work well only in society where those who have means don't only use them for their own well-being and greed but help the disadvantaged too. Socialism doesn't guarantee this as well if the government is corrupt.

Because it uses people as nothing more than a means of making money for those who exploit the system.
It is unsustainable because the only way it can survive is to continue to make profits.
How are profits maintained?
Cutting jobs, forcing people into unemployment.
Moving the company offshore to lower waged countries.

In one sense its extortion..i buy bread for £1 and i sell it to you for £2..its greed. It creates poverty where there should be no poverty.
Why cant we just produce stuff and distribute it all..Cars,food,clothing,housing etc? Provide services that way too?
Theres no real need for money other than to control people.

The issue is greed.

Granted it is easier to be greedy in some systems than others, capitalism being the easiest, but ultimately the issue is the human proclivity toward hording more than they could ever need nor deserve.

The urge to greed, just like the urge to rape or the urge to murder, needs to become punishable by law.

When profit is the end goal, everything gets treated like a number. People, the environment, our health and well-being, etc. The competition to be the most profitable, or the pressure to give back to share-holders, creates a race to the bottom in terms of cutting-costs.

What it often means is that our time and contributions as employees are reduced to the lowest dollar amount the market is willing to offer, which far too often means many people have to struggle to get by in this devaluation. Wages have not kept up with productivity in decades, so the people at the top are getting richer from this rise in productivity while so many others are piling up at the bottom.

The environmental costs are also an externality driven by this pressure to maximize profit. Using cheap fossil fuels in lieu of more sustainable forms of energy is causing global temperatures to rise and directly contributing to more extreme weather, which inevitably kills people and destroys communities. Pollution, deforestation, ocean dead zones, smog, etc. are all factors that businesses fail to consider because it all amounts to lost profits. They are incentivized to not care.

Then you get to our health and well-being. Food products are often loaded with cheap corn syrup or sugar in order to become more addictive, which contributes heavily to things like obesity, diabetes, heart disease, among other things. News and social media sites are designed by algorithms to be as addictive as possible in order to maximize ad revenue and data collection, which has caused so many people to become addicted to screens, to outrage, and to self-righteousness. It's tearing the fabric of society apart and they don't care because it's highly profitable.

The problem with capitalism is that there is no incentive to care beyond what the market demands, and when these capitalist companies grow to be large enough, which they most often inevitably will as only a small number of companies own the majority of the products available for us to consume, they dominate the market and can set their own rules. It's good for them, but not so good for anyone else.

Without real competition, they have no reason to change what has been working for them, and that often comes at the cost of things that actually make life worth living.

I'm not a staunch capitalist. But I'm not in support of high tax where I'd have to pay high tax as I earn more just coz I managed to get a good job through my hardwork where someone else who wasted his life can't earn a decent living and live on welfare and whatnot.

There's a reason why British doctors dump NHS and move on to other commonwealths while UK is forced to hire thousands of south Asian doctors each year to run the medical system.

Nonetheless, some sort of socialist schemes are important. In US, pharma companies/tech giants loot, and that should be controlled.

I don’t know anyone who is against capitalism. It’s by far the best system out there. By far.

Because people hate being slaves and killed for money. Notice how the US is economicly advanced but is still struggling with human rights issues.

Capitalism is good until 'some of them' become greedy and deceitful, 'profit before people', especially when people die as a result.

The 7 social sins: 1. Politics without principles. 2. Wealth without work. 3. Pleasure without conscience. 4. Knowledge without character. 5. Commerce without morality. 6. Science without humanity. 7. Worship without sacrifice.

Socialism: Improving the human condition and life experience for everyone.

With cooperation anything is achievable

Because you can’t have a privately funded military at our level. You need a socialized military which is why we have one. Same for our mostly socialized law enforcement. It’s hilarious how conservatives scream about socialism when the two aspects of government they like are fully socialized.

People are mainly against it because it benefits only one demographic group within a society. Those who have the ability to 'Climb'

And fortunately I can climb.

But there is a moral question which is rarely if ever addressed and it's what about the crippled among us. Those who don't stand a chance ? Who looks out for their interests?

Like most economic systems there is nothing intrinsically wrong with Capitalism, then along comes greed.

They want everything to be free, be it food, health or energy, without doing hard work for that. So that they can find excuse to their laziness.

I wouldn't equate wealth with the word advanced.

Greed begets even more greed is the true reason.

This actually is a historical reason.

The top 1% make more money than the bottom 90% combine!

That is simply immorally insane!

That top 1% are basically their own countries not accountable to any government.

Because, you failed to check out the countries that have socialism and so, you fail to see what socialism brings to the countries who have tried it. Or you ignore all that and believe here will be different.

I think that when you honestly break it down most people support a European economic system which promotes a work/life balance. Speaking for the United States, our system is out of balance. Too many breaks and loopholes for the rich, and social programs most only get by staying poor.

For most who do .. its to get what they want without working for it. Its like these whiny people with masters degrees or higher wanting the rest of the country to fund their student loans. I borrowed over half the cost ofmy college .. paid back every dime. They can too.

Human nature requires incentives to perform. If socialism goes beyond a safety net and into eliminating the trappings of success then laziness takes over.

No, it's not. Pure capitalism isn't a thing in the U.S. just like it isn't anywhere else, and above all isn't the reason the U.S. economy is what it is.

My guess is that people with lower wages are tired of being slaves to wealthy people.

Remember when the Telecommunications Act of 1996 bill had passed? What did you think about it?

Are we the most economically advanced country?

https://www.usnews.com/news/best-countries/united-states

....because people and the planet get hurt by it.