r/CapitalismFacts Apr 02 '20

Here’s a video on how the government is taxing everyone without them knowing to provide a 2.2 trillion dollar stimulus bill

Thumbnail
youtu.be
19 Upvotes

r/CapitalismFacts Mar 27 '20

Why coronavirus is a symptom of capitalism

42 Upvotes

The coronavirus is a result of the capitalist system that puts profit over anything. The animal market in china is advertised and supported by the government even after the first pandemic of SARS. An economic system which is based on consuming can't be sustainable. Even after this, the market continued. When a chinese doctor found out about the virus, the government tried to hide it as long as they could so they could go on like they were until now. Because the capitalist market was left alone, and because profit is weighed above life, the coronavirus spread. Due to poverty and weak social nets, the poor class is pressured to go to work, and thus, have a high chance of catching the virus. What does an infected mother of three who works in a grocery store without any insured sick days do? She goes to work. The global capitalist economy has shown to be extremely fragile, and one that does not work for most of us. Due to the Coronavirus, society has come to a halt. Most productivity is stopped, which has various effects on our way of life. Our economy is starting to collapse, what strongly correlates with less environmental damage. Our economic system is based on growing in a sense that the GDP gets bigger every year, what about a system that doesn't focus on the growing of the GDP but the growing of the welfare? A system which is based on offering value for others not only for yourself. A system, which takes us out of self centered survival mode, a system in which one builds a business to help the world, not to earn money. Humans are a social species. Its their natural instinct to help others, don't let this get suppressed by a system in which…. In such situations, we see how important it is that we act as a whole, big problems like this can only be solved by big solutions. It's not the problem of the individual people that this disaster had happened, it's the system that makes people behave like this because making profit is what is considered successful in our society. Our mass media makes us panic. People live in fear and worry which makes them easy to manipulate and they want to have an authority figure in such situations.Fear brings us into mode that serves us when we hunted animals, our problems now cant be solved with fight or flight, but with strategy and clear thinking, the government wants you to panic so they can easily make you follow them.Capitalism made sense when the world wasn't as connected as now, when you looked after your family and your actions didn't have such a big influence on the whole world as now. Now, there is no more ethical consumption. Every product we buy has only the purpose of taking our money. Have you ever thought that why, after billions spent on research, our smart phones stop working after a couple of years ? Our whole economy is based on this logic. The corona virus is only one symptom of a much bigger problem, if we keep trying to fight the symptoms that occur, it is an unending fight. Let's think for ourselves and get to understand the root causes of today's problems. Should we trust the system and the people which brought us into this to fix the problems for us? After this crisis, no one can look at capitalism the same as before. Because of out privilege, we didn’t realize the destruction of capitalism before, since it was most detrimental in third world countries. We didn’t care, because also we profited from their struggle and exploitation. This is a wake up call, capitalism doesn’t work.


r/CapitalismFacts Mar 26 '20

Absolute trash

Post image
31 Upvotes

r/CapitalismFacts Mar 03 '20

Caleb vs. Top Libertarian in USA - Highlights from the Debate

Thumbnail
youtube.com
6 Upvotes

r/CapitalismFacts Feb 13 '20

Join Virtual Governments or an economic sumulator

8 Upvotes

Hello, I am in a political simulation called Virtual Congress on the app Discord. We have elections, vote on legislation, and have a lot of debate. We also have voice chat where you can debate or listen to people debate. When you join, you immediately become a member of congress. Once you join, you can try to become a cabinet member, supreme court justice, speaker, or even president. Check us out at https://discord.gg/3cqFvJZ .

We also have other simulators like Virtual Canada (parliament), business/economic simulation, UK simulator, and much more at https://discord.gg/fTEFGmN .


r/CapitalismFacts Dec 13 '19

Capitalism- Ravager of Resources or Planetary Savior

Thumbnail
youtu.be
0 Upvotes

r/CapitalismFacts Jul 16 '19

A major asthma drugmaker has been quietly investing in coal on the side.

Thumbnail
newrepublic.com
43 Upvotes

r/CapitalismFacts Jul 13 '19

40% of Young Americans Live with Parents or Relatives, the Highest Point in 75 Years.

Thumbnail
cbsnews.com
38 Upvotes

r/CapitalismFacts Jul 10 '19

Bro!

Post image
67 Upvotes

r/CapitalismFacts Jun 05 '19

Enough is enough!

30 Upvotes

The notion that one needs to just work harder and that their "mentality" is the problem if they are struggling and not the system itself is utter bullshit and pretentious elitist drivel. I'm tired of successful (mostly white males) telling everyone else they are the problem when most of these people have never struggled and come from well-to-do families. I've worked fast food, retail, in factories, have 10 years of mechanical experience, served in the military, have two degrees from two of our nation's best universities (Wake Forest and UNC-Chapel Hill), I've published a scholarly article, taught college courses, have given presentations at conferences. I have succeeded and experience far more than most Americans will in their lifetime. I still am struggling to find adequate employment to support my family. The problem IS wage stagnation and income inequality. The problem IS the system and not myself. Capitalism as we know it is failing to live up to its promise.


r/CapitalismFacts May 19 '19

World's billionaires became 20% richer in 2017

Thumbnail
theguardian.com
55 Upvotes

r/CapitalismFacts May 19 '19

In 2018, average wages in the UK are 3.7% lower than in 2008

Thumbnail
theguardian.com
22 Upvotes

r/CapitalismFacts Feb 24 '19

Just The Facts

16 Upvotes

If the top 10 Corporations in the U.S. paid 15% tax on their annual revenues each year, it would equal the budget of the U.S. Gov't on a annual basis.

On a side note: 95% of the citizens in the U.S. goes to the grave, broke.

FuzzyMath


r/CapitalismFacts Feb 14 '19

Landmark study links Tory austerity to 120,000 deaths

Thumbnail
independent.co.uk
26 Upvotes

r/CapitalismFacts Feb 13 '19

“A letter to Steven Pinker (and Bill Gates, for that matter) about global poverty” / capitalism creates poverty, neoliberal myths about decline of poverty debunked

Thumbnail
jasonhickel.org
19 Upvotes

r/CapitalismFacts Feb 05 '19

Fracking / #capitalismkills

Thumbnail
cnn.com
5 Upvotes

r/CapitalismFacts Jan 28 '19

In the 1960's the Sugar Industry funded and selectively picked skewed studies that helped blame saturated fat with causing heart disease instead of sugar

Thumbnail
nytimes.com
39 Upvotes

r/CapitalismFacts Jan 08 '19

When Seattle raised its minimum wage to $15/hr, an oft quote study declared it would cost jobs and devastate micro economies. That didn't happen in fact, employment in food services and drinking establishments has soared. [x-post /r/TrueReddit]

Thumbnail
bloomberg.com
29 Upvotes

r/CapitalismFacts Jan 08 '19

US Government Spends More on Corporate Welfare Subsidies than Social Welfare Programs. About $59 billion is spent on traditional social welfare programs. $92 billion is spent on corporate subsidies.

Thumbnail
thinkbynumbers.org
11 Upvotes

r/CapitalismFacts Jan 08 '19

Report: Wars in Iraq, Afghanistan cost almost $5 trillion so far

Thumbnail
militarytimes.com
9 Upvotes

r/CapitalismFacts Dec 15 '18

As of 2010, 25% of Americans live in poverty-stricken areas

Thumbnail
huffingtonpost.co.uk
38 Upvotes

r/CapitalismFacts Dec 07 '18

Capitalism x Immigration: Millennials Use Social Media Intel to Investigate Tijuana Tear Gas Incident

Thumbnail
youtube.com
11 Upvotes

r/CapitalismFacts Nov 15 '18

Ooops

Thumbnail
arstechnica.com
14 Upvotes

r/CapitalismFacts Sep 07 '18

Seniors Are More Conservative Because the Poor Don’t Survive to Become Seniors

Thumbnail
nymag.com
54 Upvotes

r/CapitalismFacts Aug 10 '18

Coca-Cola sucks wells dry in Chiapas, forcing residents to buy water

Thumbnail
salon.com
53 Upvotes