Global poverty, access to medicine, more free movement for people, global connections. Decline in regional conflicts, Idk I think the world has improved a lot of ways in the last 50 years. The USA may be in a serious decline right now, but the world is still pretty solid and will go on without us for better or worse.
So the prevailing economic theory of the world in the last 50 years has done nothing. Where have the improvements come from?
Nothing had gotten better since when now? Like nothing at all in humanity has improved since what year?
Yes, key characteristics include profit motive and competitive markets driving economic exchange. You and Milton Friedman bot acknowledge it needs strong regulatory guardrails and income redistribution to prevent the capitalists from taking over the government/world. Citizens united (2010). So back to my argument of ‘no capitalist, kleptocracy’. We barely have a functioning government to enforce ownership and they are stealing everything they can. It’s a kleptocracy. or as I like to call it 7 monopolies in a trench coat. trump just took 10% of Intel because he could. The capitalist is the government, the government is the capitalist, we no longer have competitive markets, people no longer work for profit they work to not starve. Capitalism is dead. Long live what ever this shit is.
This new brand of authoritarians are so far from capitalism anyway lol. We’ve got a kleptocracy like Russia. There is not capitalism here.
Not really dude those workers are voting their rights away on behalf of the capitalist lmao
All the violations of liberty and building of the surveillance state have been bipartisan.
It’s just a pretty sharp critique without offering a solution or representing the problem.