this post was submitted on 04 May 2025
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Because capitalism does work well for many countries but you have to keep the population educated much like you have to vaccinate against diseases.
America stopped doing both effectively a while back and now we’re seeing the consequences.
If every couple of decades you get a right wing faux populist uprising somewhere, then it's not an abberation of the system. It's how the system cycles around.
That’s why I used the vaccine analogy because education is supposed to train the population to deal with issue like that before they get elected president.
And yet, here we are. And not just in America. In much of Europe, they're celebrating being able to keep their right wing faux populist parties at bay. Just the fact that it got to the need to do that means something went wrong.
Agreed but captialism must be strickly counter-balanced with things that empower people, like strong unions, higher taxes on wealth, and so forth.
The thing though is that, capitalism, when followed to the letter, causes this decline in education.
At the expense of others, and usually only for a while.