this post was submitted on 21 Aug 2023
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So what's the best one then? Communism/ socialism didn't do very hot either. Unless there's been some obscure, ancient economic system that I'm not aware of, there hasn't been a non-theoretical economic system that's been better than capitalism yet, as flawed as it is.
I get there's abundant evidence of the issues of the current system and the degenerate strategies it allows, but "capitalism bad haha" is getting stale.
Mercantlism.
Yes, it's considered "proto-Capitalism", but its very distinct from how Capitalism is implemented in most countries nowadays.
There are dozens of economic models and theories that mix ideas of capitalism and communism.
I should look into it. Truth be told, there's no pure capitalism or socialism. It's really a bunch of economic sliders different countries balance more towards one side or the other throughout history. What I meant to say is A) systems that lean enough towards capitalism are the more successful even if they're far from perfect and B) The way people throw around the "capitalism bad" idea just like that doesn't help in any way and I'm tired of it. It's a mix of raw frustration and copypasting of ideas without any real substance.