@onceofallonces@IronyKumar@weronia_27 Yes it does! it has a lot to do with aligning incentives and voluntary exchange of goods and services which governments tend to get in a way of. If you want a full explanation (instead of a post on X) read this book
@JakubKarczynski@IronyKumar@weronia_27 So why doesn't every kid from a semi-wealthy family become a billionaire let alone trillionaire if it is so easy?
Almost all American billionaires are self made coming from middle class at best
He got rich by creating companies that provide value to the society.
@squeedge@IronyKumar@weronia_27 It doesn't print infinite of anything. But under capitalism innovation is much greater making products cheaper and more accessible for everyone. This is why socialist economies stagnate and capitalist economies florish
@Galequiru_@OnMyJackJones@weronia_27 Haha yes, USSR Mao China, Laos, Vietnam, Cuba, Venezuela. Bolivia. All turned out great once the commies came to power lol
@The_PattayaNews Stop asing the go ernment for handouts like some beggers. Taxpayers money should not be spend on subsidisising unprofitable businesses
@Khriot@Rakeshhkumaar Haha It means nothing. It can be ultra low but rising e.g. rises from 10 to 12 people, that would be 20% rise. 🤣🤣🤣 commies can't do basic stat
Just ignore the fact that in capitalistic USA food is so cheap and abundant that obesity is the problem not hunger.
@Tokyo_pi1@0x_DeeJay It does matter. The son should fulfill his dead father's wishes and keep the money. If they father wanted the sisters to have the money he woupsnhave given it to them
@Ric_RTP It is like saying , why do ISPs charge companies for the access to the internet. Wouldn't be better if they were paid in equities of these companies because they have potential to create a lot of value using the internet?
@npjewels@ThomasEWoods@jeremykauffman This is an argument against the foreign aid or any (even domestic) aid at all, because according to your logic you have to provide the support until the end of time otherwise you will be killing people.
Can you see how absurd it is?