this post was submitted on 20 Jul 2023
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Asklemmy
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I have a very pragmatic view on capitalism. It isn't inherently good or evil. Social democracy provides the best compromise where regulated capitalism generates wealth and funds innovation while responsible democratic government protects employees and the environment and provides services that have a strong social benefit.
Unfortunately social democratic policies are undermined in many countries and resisted in others to the point where some young people become frustrated and look to answers in hateful extremist politics which really is a horseshoe.
I used to believe this as well. The last decade or so has made me reconsider that belief.