this post was submitted on 15 Aug 2025
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Technology

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China is “set up to hit grand slams,” longtime Chinese energy expert David Fishman told Fortune. “The U.S., at best, can get on base.”

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[–] Angry_Autist@lemmy.world 3 points 9 months ago

We need a word for the social lies that capitalism has existed on for so long

Capitalism is not efficient, in fact it is rent seeking and therefore inherently corrupt and wasteful

Capitalism isn't the only answer, and it isn't even the best current answer

The free market is not frictionless and omniscient, as it is assumed in ALL models, DECADES of market statistics prove this conclusively yet this is still a cornerstone of ALL arguments in favor of capitalism

Capitalism isn't the single source that has lifted the most people out of poverty, that is food and healtcare CHARITY programs.

It is outdated, destructive, and benefits the most vicious and cruel narcissists more than anyone.

Yet 90% of you will defend it to the death, even here on lemmy