deactivate I agree that capitalism has brought forward society massively in a tiny amount of time. But the main improvements that the working class have seen have not been bestowed upon us by the rich because they "love" us but because the working class has fought for them or that the rich battle each other to make even more money. So innovation is not about bettering everyone but a prerequisite of the ruling class to one up each other in the race for profit. This is shown in w33zys point, the fact that companies don't co-operate with each other and when one company does try to use something another company has already innovated they don't go "yeah man you can use that, it will greatly benefit everyone" they sue them in some cases for billions of dollars.Originally posted by Inactive UserDon't you think capitalism just in a whole betters society? Yes, it's not much of a social positive as compared to socialism.
Capitalism brings competition (regardless of it being fair or not), and competition will surely allow progress for technology, health, the economy, etc.
You know what, my dad sent me an email the other day about swedish doctors discovering the gene mutation that causes people to be diagnosed with type 1 diabetes ( which I have) and it said they were in clinical trials and all that, and i thought, that doesn't matter because all of the pharmaceutical companies are making billions off of supplies, insulin pumps, etc. I'm currently about to receive an insulin pump and they retail at around $6,000 for something as big as a small cell phone. If you think about how much money theyre making off of those pumps alone, you know they won't be handing out or funding actual research that will bring a cure.. Same goes for cancer and other diseases.. it's pathetic and ridiculous.
Edit: not exactly related but just a point.