Money is Evil

Out of context: Reply #89

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  • ukit0

    I think the idea that any alternative to capitalism "just doesn't work" is too simplistic. People always focus on the Soviet Union's collapse during the 80s, while ignoring the fact that for the previous half century the USSR was the second most powerful country in the world.

    If communism is such a complete non-starter why were we competing so furiously with the Russians on technology fronts like landing on the moon? And even now, you've got the People's Republic of China set to eclipse the U.S. within the next decade under a system that allows some capitalism, but where central planning and state-controlled enterprise still goes on.

    I think we've been a little brainwashed in the West the same way Russians were brainwashed in the days of Stalin. After all capitalism has experienced dramatic failures same as communism has. Does the 2008 collapse of the financial system disprove capitalism the same way the Soviet collapse "disproved" communism?

    • Maybe it's time to evolve past both of them to a better systemukit
    • Wouldn't you agree that incentive is required for advances in human innovation?
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    • and if that incentive isn't money, what can it be?
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    • Spread, it might shock you - but some people are passionate about things without thought of monetary reward.
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    • Passion drives creativity.
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    • I think you're confusing profit motive with money. Not the same thing.ukit
    • The incentive under any system isn't for money, but for a better life, right? Money is just a stand in for that.ukit
    • Capitalism, Socialism, Communism are all great in theory. The real problem with all of them is human behavior and self-interest.Josev
    • blind self interest.Josev

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