What the flaws of Capitalism without a bias to communism?
Sometimes someone puts shit in the wrong place and have to find out the hard way they fucked up.
Eventually the state fucks it up.
>>3096130
Capitalism has tons of flaws but it gives you the most freedom so it's worth it. Fascism is actually the best government for results but nobody wants to live like a cog their whole life.
>>3096130
Neglecting culture and aesthetics in favor of profit.
Obsession with practicality, uniformity and reductionism.
Decadence.
>>3096130
Values profit over labor.
Necessitates endless production for production's sake. Monetizes time.
>>3096130
Tragedy of the commons.
>>3096130
Go to tourist shops and malls.
You'll see the kind of degeneracy capitalism promotes.
>>3096130
Capitalism makes overly optimistic assumptions about the viability of competition. Even if a government enacted optimally pro-capitalist policies (namely, not granting monopolies but also enacting strong anti-collusion policies), the finite availability of natural resources and the non-rationality of human minds means that competitors will be at a disadvantage once one entity achieves dominance or near-dominance in a given market sector. Additionally, being driven by profit only leads to optimal outcome when people are focused on the long term, which is rarely the case.
>>3096643
>Capitalism makes overly optimistic assumptions
Stopped reading there. What a load of horse shit.
>>3096892
Okay then, "the notion that a capitalist economic system will produce optimal economic outcomes depends on overly optimistic assumptions".
It assumes (and requires) that humans will consistently make rational, informed decisions that benefit themselves and/or their community, such that costs and demand will naturally compensate for behaviour that is damaging to individuals or to the community. This is absolutely not the case, and human decision making is largely influenced by irrational factors as psychology has proven to us time and time again.
It neglects to account for the fact that in a profit-driven system, what is most profitable at any given time is limiting or dismantling the free market in service of stamping out competition and creating monopolies. The capitalist system has consistently failed to realise that for a free market to stay free there needs to be a powerful governing regulatory body overseeing it to constantly and hawkishly ensure that no such oversteps occur, and it needs to have sufficient power to meaningfully enforce and punish in accordance to the rules of a free market. Without this, big companies seek to get bigger by engulfing competitors or by creating submarkets and exploiting them in such a way that they cannot be competed against.
>>3096892
It's a fact. Two pretty fundamental examples provided right here.