It serves everyone more than you imagine.
Socialism has only ever survived at scale when it was attached to a capitalist host. To the degree that China is working, it is because of its own free market system and its connection to the capitalist west.
To the degree that the UK has a welfare state, it’s reliant on a capitalist engine. The City of London was paying for the country’s bills before we pulled the fangs out of it.
Norway is underpinned by its sovereign wealth fund which is dependent on capitalist markets.
Take away the capitalism and the whole shooting match collapses. Poverty is the default for civilisations. We are woefully bad at creating basic prosperity. Only after we discovered capitalism were we able to do away with our more evil approaches.
@DanielPriestley You manage to post about things I think about all the time, and your takes are so well articulated. Power-law curves one day, broken tax system the next, the odd bit of Gary Stevenson sceptisn thrown in for good measure. Brilliant.
@JHWealthSystems Some moderately ok deals to be had at Zenith’s company portal. This is an entry level Model 3, 10k miles per year, 3 years. I’d probably just buy a 3 year old one for c.20k instead.