Reply #114: Your attempt at psychic forclosure has not swayed me at all... [View All]

Capitalism is a deeply flawed system, but, as the old saw goes, less flawed than all the others.

The major flaw is that it tends to create pockets of tremendous wealth. But this can be managed by the tax code if only the political will were present.

Certainly some, if not many, fail to thrive under this system for a variety of reasons. Lack of marketable skills, insufficient competitive drive (both competition and cooperation are hard-wired into our DNA, would you not agree?), market paradigms that create new industries and destroy old ones, etc.

But I take it as self-obvious that competition, a key feature of capitalism, produces not only some wasted effort, but ultimately, the best products and goods at the lowest price for consumers. When was the last time you drove a Soviet-era car, or flew on Aeroflot? I'll take an Audi and a Boeng any day, thanks.

At the end of the day, the people who complain the most loudly about the unfairness of it all are either genetically or constitutionally unable to thrive in this system. Or, they have a markedly unrealistic notion of the value of the services thay *can* provide.

If someone wants to smear their poo on a canvas and demand to be given compensation for their 'art', but there are no takers, then the system has worked as designed.

As to evil corporations, yeah, no doubt there are a lot. Bust up the monopolies and enforce the law, I say.