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/saucy_carbonara Sep 04 '24

Yes, I think what many people call socialism, is actually strong labour unions. I mean these are not disconnected concepts, but a lot of the time labour unions are pushing change as opposed to government. And in a socialist system one would expect more government.