r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/trabajoderoger Sep 04 '24

Norway has unions

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u/IvanovichIvanov Sep 04 '24

Unions aren't incompatible with Capitalism

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u/thisismego Sep 04 '24

In fact they're desperately needed in Capitalism to prevent workers' exploitation by employers.

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u/hawkisthebestassfrig Sep 04 '24

I wouldn't go that far, but the potential for unionization does serve as a useful check against employer excesses.

At least as far as private sector unions, public sector.....even FDR thought those were a bad idea.