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Why are folks so anti-capitalist? (programming.dev)

submitted 1 year ago by o_o@programming.dev to c/asklemmy@lemmy.ml

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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[–] intensely_human@lemm.ee 2 points 1 year ago (1 children)

Inequality is a measure of the difference between top and bottom. It is not a measure of how much the bottom has.

[–] local_taxi_fix@lemmy.one 3 points 1 year ago

Demonstrating that the bottom 99% has had wages increase 50% since 1979 while inflation has decreased the value of the same currency by 320% is damning. There's no good defense for capitalism here.