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this post was submitted on 31 Aug 2023
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Ehhh, I’d argue the exact opposite. The people at the top hoarding so much wealth are arguably the worst capitalists. Capitalism demands cash flow, and the more the better. Few people hoarding and controlling so much of it is breaking it.
I always love to point to healthcare. Between my portion and my employer my health insurance is over $15000 for my family. Yet I have a $5000 deductible still. Imagine if all that money that my employer is paying me I was actually getting. Then apply that to every family. But instead, a few companies make all the money off that. The problem is healthcare shouldn’t be a business, but a public service just like police, firefighters, roads, etc. In an emergency I’m not going to shop hospitals, and in non emergency I don’t have a choice anyway, my insurance company decides that.
It’s the most broken system and everyone at the top is making too much money from it that it will never change until it gets so bad for the middle class it somehow starts bringing them down
This is such a weird take. You say the people at the top are the worst capitalists, but they literally succeeded the most at capitalism. You say capitalism demands cash flow, but... does it? Who or what demands that cash flow? Certainly not the free market.
You then give a perfect example of capitalism failing, medical care.
Why defend capitalism?
I’m not defending it? I mean, I pointed out it’s issues and how the elites it strives to eliminate it has created. They won, they beat that system.
The people at the top are literally the best/winners at capitalism. They won the game, the game that's designed to funnel capital