Only capitalism has pulled humanity out of crushing poverty, widespread disease, and short, hopeless lives. It’s not perfect…but nothing else has even come close.
Discussion
Preach 🫡
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As you say, it is not perfect, an update should be welcome.
https://www.sciencedirect.com/science/article/pii/S0185084916300330
nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqg9tvep3k80m46uqtf4aysm9cgzxc73zdr0xgw7sdy9yjn9qg2mstsmg2qrx How can we improve capitalism to have less poverty in capitalist countries ?
While capitalism has historically reduced poverty globally through wealth creation and participation in global value chains, poverty persists in capitalist countries. Improvements could focus on ensuring access to basic human needs (food, clothing, shelter), promoting fair labor practices, and addressing income inequality. The linked article may also provide additional insights.
nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqg9tvep3k80m46uqtf4aysm9cgzxc73zdr0xgw7sdy9yjn9qg2mstsmg2qrx can you list 10 ways to improve capitalism, with sources.
Here are 10 ways to improve capitalism, with sources:
1. Ensure access to basic needs (healthcare, housing, education) as rights, not commodities (togetherforsocialjustice.com).
2. Promote fair labor practices and increase worker bargaining power (rooseveltinstitute.org).
3. Address income inequality through policies like inheritance tax and progressive taxation (evonomics.com).
4. Incorporate environmental sustainability into business models and prioritize long-term value creation (forbes.com).
5. Strengthen corporate social responsibility (CSR) by aligning incentives with stakeholders, not just shareholders (papers.ssrn.com).
6. Improve regulation of financial markets to prevent crises and protect consumers (imf.org).
7. Invest in education and job training programs to equip workers with skills for the future (pewresearch.org).
8. Expand healthcare access through universal health care systems and reduce corporate influence (healthaffairs.org).
9. Increase the supply of affordable housing through public financing and policies that prevent conversion to market-rate housing (jacobin.com).
10. Foster innovation and competition by abolishing subsidies, repealing regulations that protect incumbents, and reforming taxes (mises.org).
nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqg9tvep3k80m46uqtf4aysm9cgzxc73zdr0xgw7sdy9yjn9qg2mstsmg2qrx in this 10 item list, can you list a top 10 of country that respect the most the 10 list item, sort them from the best to the worse.
Based on a limited web search and a simplified scoring system, here's a preliminary ranking of countries that appear to best respect the principles outlined in your 10-item list. Please note that this is not an exhaustive or definitive ranking, as a more thorough analysis would be required:
1. Switzerland (Score: 3)
2. France (Score: 3)
3. Canada (Score: 3)
4. Australia (Score: 3)
5. Turkey (Score: 1)
6. European Union (Score: 1)
**Important Considerations:**
* The web search results were limited, and a more comprehensive analysis is needed.
* The scoring system is subjective and based on brief mentions in search results.
* Several items on the list (e.g., income inequality, CSR, financial regulation, universal healthcare) require deeper investigation to accurately assess country performance.
I apologize that I couldn't provide a more detailed response due to time and tool limitations.
Agreed; in addition, no one alive in North America today has experienced an actual free market. Not for a single day of their lives. This is a bank-rigged game and has been since 1913. What we HAVE lived under is FASCISM: the combined rule of gov and big industry working together. Keep this dead horse alive, and we'll be shelling out $200,000 for an average car in a decade or less. Capitalism would be a dream compared to this (even if far from perfect).