With the top 0.1% getting richer by the hour, more and more people are boarding the anti-capitalism train. The common consensus is that many problems our society faces daily could be solved with the ridiculous wealth that a few men have accumulated… But cannot part with.
The greed is angering the masses. About 5 years ago, the subreddit r/EatTheRich emerged, where people share some enlightening and infuriating examples of the bad side of capitalism. Some are funny, some simply too real. See if you can keep your blood from boiling as you look over some of the more popular submissions.
Trillionaires Should Not Exist
Yes Please
Capitalism, before it became the dominant economic system, started around the 16th century with the English cloth industry. Some argue that forms of capitalism existed even in the ancient world, but the worldwide system we know today is more recent. Its distinguishing feature at the time was using capital to improve productivity and profits, rather than spending it on unproductive enterprises, like building cathedrals.
Financialists Sarwat Jahan and Ahmed Saber Mahmud explain that the essential feature of capitalism today is the motive to make a profit. In this system, the private sector owns and controls property, while demand and supply freely set market prices.
Here Me Out…
Local Artist Light Guerrilla Projected “Tax The Rich” On The Side Of Mark Zuckerberg’s Boat While It Was Docked At Seattle’s Lake Union
Tax Them, Tax ‘Em All!!
According to the financialists, capitalism stands on a few core pillars. The first is private property. It allows people to own tangible assets (like land or a house) and intangible assets (like bonds or stocks).
Another core pillar is self-interest. In capitalism, people usually act in ways that benefit themselves and usually face little sociopolitical pressure. This lack of broader coordination is seen as something that can damage society, but in most cases, individuals end up benefiting the broader public. Of course, some recent wealthy figures have people feeling otherwise.
Billionaires Are The Reason For Poverty
Billionaires & Oligarchs Are Drain On Society
Old Rich People Are Destroying The World!!!
The third pillar of capitalism is competition. Firms are free to enter and leave markets, which tends to benefit both producers and consumers. Competition pushes producers toward innovation, which helps consumers get higher-quality goods. In turn, producers receive clear market signals through consumer demand.
In capitalism, buyer and seller interactions determine the prices. This decentralized market mechanism is the fourth pillar. Resources are allocated to maximize reward. In turn, prices for goods and services stay competitive, and wages remain somewhat fair.
Dont Let The “Trend” Die
No Bailouts For The Billionaires!
