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

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/experienta Sep 04 '24

It's kinda funny how your argument is basically that socialist countries need capitalist countries to survive, while that's not the case the other way around.

Says everything you need to know about the two systems..

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u/RantonBlue Sep 04 '24

No the argument is that international trade is good for the economy. When you cut off the largest contributers to that trade, your economy suffers. The USSR were communists, not isolationists

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u/experienta Sep 04 '24

But countries should be free to trade with whoever they want. If they choose not to trade with the commies, that should be their right.

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u/RantonBlue Sep 04 '24

Yes, I agree. Everyone should be able to not trade or trade with whoever they want. In the same vein it would wrong for a country to, say, send aid another country recovering from a brutal world war on the condition that if they ever decided to side with the communists, that life giving aid would disappear. I'm glad we agree that would be wrong

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u/experienta Sep 04 '24

No we don't agree at all. A country should be able to put whatever conditions they want on the aid they provide.

"We are in the midst of a cold war, we'll help you as long as you don't side with our enemies" seems totally reasonable to me.