Is Capitalism flawed? I used to believe that Capitalism solves issues, but if I really look around me, it actually only creates more issues that were not here before.
> There are many rich people with tons of capital but there are more unemployed people that will not have access to that
> People are living in luxury mansions and driving very expensive car, and then kids are starving in other places
> Profits of companies is going up, but real wages going down, people are living paycheck to paycheck
> Everyone is in debt, nobody has any savings, and most people are working part time jobs
> Nobody has a house, nobody can afford one, yet real estate speculators own thousands of them
> Banks have trillions of $ of money, but they still charge you 50$ / transaction because of their greed
> People have no future prospects, no career opportunity, they just live from paycheck to paycheck trying to pay off the debt and buy some shit GMO food filled with poison, because why sell healthy food to the public when the GMO food is more profitable?
It looks to me like Capitalism is flawed. Nobody has any money and everyone is suffering. I think a universal income must be implemented as fast as possible.
Yes, capitalism is very flawed and there are many major problems with it that are not properly addressed. People / investors are so fixated on profits that it is causing major damage to society as they are willing to go to never seen before lengths to gain money.
However, capitalism does open up the windows to many opportunities for people to do, so I guess it has its pros and cons. But capitalism will soon tople itself with more and more money being printed and the bubble we are living in soon to burst.