Often, we do not take the time to consider how bad unregulated capitalism actually is. It will:
Unregulated capitalism will deprive most of the world’s citizen’s of:
- food
- water
- shelter
- basic amenities
- transportation
- education and/or higher education
- a living wage
- health care
- social security and/or financial stability
- personal safety
- personal agency
It will also:
- elevate the worst people into positions of power and/or authority
- elevate the interest of the most wealthy above everyone else’s interests
- incentivizes the criminalization of minorities, the impoverished, and immigrants
- incentivizes wage theft
- incentivizes high consumer debt and/or unmanageable debt burden
- force the elderly (that should be retired) to work
- force children to work
- force workers to work dangerous and/or hazardous jobs
- incentivizes false and/or harmful media reporting and/or propaganda
- incentivizes goods and/or service aggregation to increase monopolistic power
Globally it will also:
- incentivize pollution and/or destructive practices or renewable and sustainable development
- incentivizes systemic poverty, racism, and inequality
- incentivizes corporate and/or governmental corruption
- subvert the economic interests of the majority of a nation’s citizens
- take national resources without rendering compensation
- force nations into austerity
- incentivizes the downfall and/or overthrow of democracies
- incentivize authoritarianism
- incentivize warmongering
If an individual, group, or any othe kind of entity had as long a lost of wrong-doings as this, would our society tolerate it? Not a comprehensive list. Let me know what I have forgotten.