Again, this isn't something unique to capitalism. Happens in any system. All governments print money. They always will.
Discussion
I never singled out capitalism being the only cause of money printing.
I never said you did. You are countering my statements about capitalism though. You clearly infer the system incentivezes it. I'm arguing it doesn't.
Well of course I am countering your statements, because unfortunately they are factually/historically incorrect. Capitalism puts the “ends” of profit above the “means” of acquisition. You obviously do not agree with this comfortably provable statement, to which one would think you would provide evidence to “counter”.
Of course it does. Because everyone does. That's always a trade-off. But you can't profit at all without any means. Unless you regulate the two together, your company will go bankrupt... Unless of course... You have a central bank.
Not a capitalism problem. A money printing one. There is nothing wrong with the incentive structure to improve profits. More profit means more progress. The problem again, is money printing, as now they can profit without progress. That's not possible with hard money.
Ahhhh, “profit without progress”, I found the splinter. See, I’m a believer in “proof of work” and see the wealth divide as a problem due to “exploitation of labor” and the “means of production”. What was your definition of greed?
Wanting more tomorrow than you have today. Everyone has this to some degree or another. The means by which you deal with that greed can be good or bad. Labor can't be exploited in capitalism. You have the freedom to work or not work wherever you want for whatever amount you freely agree to. Labor IS exploited in communism and socialism. Us capitalists have greatly benefited (in terms of our purchasing power relative to theirs) from external exploitation of labor in THESE systems. To our detriment of hollowing our industrial base. By extension, exporting our labor to unjust systems has been the cause of global wealth disparity.
This is completely, factually not true, so much so that you are intentionally or naively ignoring history.
Tell me how my labor is exploited in capitalism. Please. How can one be exploited when they are free to work wherever they want for whatever wage they agree to?
Easy, research Chinese factory workers for many different corporations. Do you need examples? Or, look up coal miners. Then read more on socio economics.