alt Hacker NewsAs opposed to capitalism, which as we all know works flawlessly. The free hand of the market keeps everything running smoothly. There’s always competition for the benefit of the customer, never collusion. There aren’t just a few bit players controlling everything, everyone has equal opportunity. And of course who can forget trickle down economics, where giving more money to the richest people made every one of us richer.
Capitalism’s most outstanding feature is that no matter how hard it tears one’s asshole, it keeps people begging for more with the false promise that they too one day will have their turn as the selfish oppressors doing the pounding, and that’s a good thing for everyone actually, for some reason.
Is there any ideology applied societally at the scale of those two which hasn’t failed to deliver?
Capitalism doesn’t preach to be a solution for monopolistic behavior of actors that accumulate too much power. It’s a known downside of capitalism that has to be actively managed by the state.
Capitalism has still delivered with massive success in China, the US, India, Europe, etc etc. It hasn’t “failed to deliver” in any of those places.