Interesting take.

Still remains to be seen whether capitalism will enable the fast transition towards sustainability, or collapse under the severe constraint of natural resources

please expand i'm interested to hear how

Yea I don't agree with his sentiment on enabling people to "fail" instead of bailing them out. Really though during pandemic it sucks that our government has allowed bailouts for multiple huge corporations yet left most of the people in the dust.

natural end result of capitalism

here let me help

insert generic response about hierarchies and competition

No it doesn't... And a radically different approach to economics is becoming more urgent by the day. This is especially true in the light of rapid technological changes which accelerates the advent of a post-scarcity society.

'it is too efficient'

But despite what the corporations saying they believe in capitalism is bullshit, instead they're allowing what I call "Corporate socialism"

bruh i hate when people try 2 bring in some 'human nature' s*** into this, no offense

There is no such thing as corporate socialism. It's just called capitalism. Please get the idea out of your head lol. This is what capitalism is.

lool

You don't know about lobsters

Nah he just a business man. He's good in his lane, but economic theory and stuff on the edge of that scope is all his personal opinion

People really think captilism is natural when it was literally created at the last second of humanity.

It's gonna eat itself if not regulated with monopolies owning everything you create or touch. Ie Amazon business practices

I despise capitalism and everything it stands for, but I’m so caught up in it at the same time. It’s disgusting.

Yang*

You know I wish I could one day get enough capital to dip and leave society to live an Amish lifestyle and be happy without social media lol

uhhhh if you say so

Please stop your love affair with this man. He ain't it.

bruh literally talking out his ass

I know you dislike Yang but who you think would be a better alternative in this political climate. Yang is all we got. AOC got potential

The real test for capitalism this next decade is to see how it deals with the exponentially more reliable/efficient automation.. With millions laid off will american policies manage to ensure that the benefits of technology are not reaped only by the owners of the capital?

I mean, he was better than all the other Dem candidates in hindsite ...