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This is the particularly unpopular part: Capitalism is not completely without virtue.
For example, capitalism will find the most efficient means of production.
The "happiest" nations in the world are capitalist with sococialised health and education.
That is untrue. Capitalism will find the most profitable means of production. Profit is all that matters. Capitalism will happily abandon efficiency, safety, environmental protection, and happiness in general, all in the pursuit of more profit.
If you don’t believe me, truly ask yourself whether you think Comcast is the most efficient ISP possible.
Sure but efficiency is synonymous with profitability in a competitive market.
Commence downvotes dweebs.
Efficiency is a functionally meaningless term under capitalism. Efficiency of what? Efficiency of email and phone spam? Widespread advertisement campaigns? Efficiency in sabotaging your competitors or collaborating to fix prices? Efficiency in redesigning products to manipulate your consumers and planned obsolescence? Efficiency in environmental destruction? Efficiency in finding loopholes in the legal system and regulations? In lobbying the government to receive special treatment? There are many ways to compete in a competitive market.
Society needs direction. Production when necessary, at the level that it is needed, keeping in mind ecological constraints. Capitalism is incapable of that.
Oh wow, I better not downvote because I don't want to be a dweeb!
This is some really naive shit
And that just so happens to be the human beings that do all the fucking work
IMO, the problem with Capitalism is that it inherited the structural baggage of previous economic systems, which themselves were transitional forms of what came before them. It is all a collection of improvised bandaids from the beginning of civilization to now.
If we are to have an economic superior to the 'isms we had before, we would have to deliberately engineer it from a clean-sheet design. No prior institutions, no previous currencies, and so forth. Game theory, questions of what we actually want from the system, and so forth would all have to be considered.
It would suck installing a wholly novel economic engine into society, because it will have major teething issues...but it is clear that what we got now, cannot let most people survive nor thrive through the troubles to come.