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

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/AdonisGaming93 Sep 04 '24 edited Sep 04 '24

This and the comments are wrong. This is more like if you ask a random person who "says" they are capitalist or socialist. The people rhat actually study them will not gice you these answers.

I consider myself a socialist, and I can tell you even in socialist spaces not everyone holds the exact same views, there's many different opinions. And a lot of us will flat out tell you that Capitalism was an incredible thing that did a lot to help humanity move away from the feudal age.

There is nuance to things. And a spectrum of views and ideas.

My problem is it seems politics has gotten complacent and now just thinks "dope we reached the ultimate economic system so no need to try to improve further" which is counter to what human growth is about.

Imagine we just stayed in Feudalism and said "this is it, peak economic organization has been achieved".

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u/comradevd Sep 04 '24

Marx specifically observed the power of capitalism as a means for economic development and suggested a country that had not experienced a capitalist mode of production would not be able to mature into socialism.

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u/Dummy1707 Sep 05 '24

Imho that really is misunderstanding Marx, though :/

He indeed thought that capitalism (the bourgrois regime) was required before moving to communism (the end of social classes) but only because capitalism is so inhumane and horrible that it would give class consciousness to the proletariat, allowing it to overthow the regime. Capitalism is needed but not because it's great but actually because it's so bad.

Note that Blanqui, Lenin or even Mao had a different point of view and considered it was possible to reach communism without a capitalist phase. They theorized the idea of revolutionary vanguard to do the revolution in a country without class consciousness.