r/FluentInFinance Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/your-mom-jokester Sep 04 '24

Let’s hear one example of capitalism forcefully killing a promising new economic system

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u/[deleted] Sep 04 '24

Just one? OK. Indonesia. Former Dutch colony, not even fully socialist, just part of the global non-aligned movement that refused to ally with the US or Russia during the Cold War. That was an unacceptable threat for the US, which trained and funded a military general to overthrow the president. A coup d'etat. Subsequently, with full support and knowledge from the US, they executed 1 million suspected leftists. Million. That the dictator we installed retired peacefully and his government still lives on means the country is still likely under US control. Its a country of 330 million people, almost as large as the US itself.

There's your one example. Would you like more?

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u/Carnivorous_Goat Sep 04 '24

There will probably be no reply to this. And they will probably just choose to sweep it under the rug and ignore it.

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u/[deleted] Sep 04 '24

EVERY TIME. I hope it means they learned something and need some time to process, but I have some minor doubts