r/PeterExplainsTheJoke 9h ago

Meme needing explanation Petah?

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u/WillowPtar_Migan 7h ago

Capitalism is by far the worst economic system, except for all the alternatives.

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u/Alex_1503 6h ago

There are better alternatives lmao, you gotta read

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u/PenguinsInvading 6h ago

Abso fucking lutely not lol. Capitalism is the only system every person has a chance to make it. Other systems will not give that privilege to you. They will stop you.

You haven't really understood the underlying workings of other systems we've had in mankind's history.

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u/leondrias 5h ago

It could be argued that capitalism also tries to stop you. The system encourages competition, but societal structures and individual actors can and do create barriers such that they can avoid losing their dominant position. Intervention is typically necessary to ensure a market where small actors aren’t vulnerable to predation by bigger ones.

I still think it’s a better system than other extant ones, but it doesn’t guarantee that everyone gets a chance. Reasonable governments are necessary to ensure equity no matter what economic system.

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u/PenguinsInvading 5h ago edited 5h ago

I agree overall except that part where everyone not getting a chance.

Not everyone gets an equal chance but they have their chances. Why? Because everyone is free to learn about stock market, economy, basics of trading and investing, money and risk management.

It's not gate kept. With good mentorship you can become set for life. Investment is open to everyone. In other systems, even if you have the Knowledge and wisdom to grow your portfolio, you will be stopped.

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u/Th3catspyjamas 5h ago

"everyone can invest in the markets" is a wild take when talking about socio-economic opportunities being equal for all individuals.

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u/PenguinsInvading 5h ago

That's because you're thinking about becoming exit-liquidity.

What I'm talking about isn't equality nor fairness. I'm talking about having a chance to change your financial and social status without being stopped by force. Capitalism gives everyone this chance. Whether they fuck it up, screwed over by market or even make it, is a byproduct of their own decision-making. Not government forcing you to give up your gains just because.