LogFAQs > #972185109

BUMPED2002 posted...

Capitalism itself isn't the problem. The problem is unchecked capitalism and the wealth and power that goes with that allows a handful of people to wield and exert control over governments, people, commodities, and resources of the natural world.

That's the issue with unchecked capitalism.

Indeed. Unchecked, capitalism just ends up as a race to see who becomes the dictator, or at least who comprises the oligarchy. Wealth naturally concentrates, given the extent to which having money makes it easier to make more money. With appropriate regulations and social support programs in place to ensure that wealth doesn't concentrate too much, though, capitalism is generally a better option than anything else.

Mostly, start with UBI to ensure that everyone's comfortably fed, housed, and has any other basic needs met so capitalism can't hurt them, then let capitalism run its course.