ExchangeKooky8166

ExchangeKooky8166 t1_j5zosuv wrote

Most of Reddit is a "socialism is inevitable" circlejerk with no nuance allowed, all capitalism bad.

I'm all for more social spending and a rework of welfare programs, but human prosperity has increased because of capitalism.

Rwanda, Cote d'Ivoire, India, Bangladesh, Malaysia, etc are countries that have experienced fast economic growth by embracing free market principles.

Is it horrible that these people have low wages and many live in poverty? Yes. But the alternative is much worse, and history is full of full-on socialist regimes in lesser developed countries that failed.

Compare Bangladesh from independence to today. Those people are happy that you bought those clothes from their country.

I blame the Nordic circle-jerking for this attitude.

EDIT: Conservatives are also obsessed with this "left-wing economic collapse" too, it's all propaganda. Biden has done a good job.

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ExchangeKooky8166 t1_j5k3p8a wrote

South Africa is that way because the African National Congress has been laughably corrupt and incompetent since Mandela left office in 1999.

Tragic tale of a country. Without Mandela, South Africa would have probably collapsed economically and then into an awful civil war. However, there was no strong leader after him to keep the economic and social progress that was gained from 1995-2007.

No, this isn't apartheid apologism. The National Party were just as shitty and apartheid is responsible for many long-term social issues in South Africa. The ANC just make it worse.

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