There are some criticisms of Capitalism that are accurate. I think some countries find themselves in truly hopeless positions because they have few natural resources that can be converted easily into great wealth, and because the economic system in "globalization" tends to focus on
- Extracting resources from the developing world and poorest countries (low income extraction jobs, mostly)
- Doing some manufacturing and services job in the middle-income countries.
- Complex manufacturing & services in the developed world with the highest incomes.
When people try to flip the narrative, it doesn't work. The developed countries fiercely protect their manufacturing jobs and slap tariffs on everything. The middle-income countries do this perhaps even more. It is not an easy task to break out of intense poverty.
... But one thing to be aware of, I think, is that capitalism generally has improved the world by making it so even the farmers in the poorest countries tend to have cell phones and be connected to the internet. Yes, of course, there are still endless problems in the developing world, and I am disgusted by the excessive lifestyles we sometimes take for granted in rich nations.... But it has been a net gain.
You know, we have the issue of 'Hell Joseun' in Korea, but this is really a generational gap...
People over 40 either remember poverty directly or were close enough to intense poverty to not complain so loud and consider what has become of KR as a miracle, and people under 40 tend to have no significant memories of the intense poverty.
This makes everything very sensitive and kind of strange...
There are kids who think their life is over & they have been cheated by the world because their family cannot afford to take trips abroad, because their father drives a taxi, because they are considered poor by their peers...
But this is completely unrealistic and very insulting to regular, working class people who did the best they can with what they have in a highly competitive society where their effort had increasingly diminishing returns due to competition and cronyism.
The amount of cronyism is absurd. It is even the case that a great deal many wealthy people will pay to secure their children somewhat prestigious positions even though their children are rather talentless simply because it would be a sore thumb for them to have to say that their youngest son is unemployed or, EVEN WORSE, works a regular cubicle job at a regular company you never heard of.
Life is not fair.
But... I support freedom, in general, and I believe governments routinely fail to fix your problems and often make them worse. Nonetheless, I am something of a nationalist and I support positive visions for public welfare. I support some amount of centralization, but I dislike totalitarianism.
Alleviating poverty has to be tackled in very specific ways for very specific economies, and even then ,nothing is guaranteed to work.
South Korea became rich because of the smart, economic nationalist policies that developed industry & because we had massive cultural infrastructure from our forefathers that already had in place a competitive, educated society that was highly organized and valued scientific and cultural thought.
North Korea missed out on this because they were taken over by Marxist megalomaniacs & idiots who eventually gave up on Marxism and just created a neofeudal society... All the CLASSISM and HIERARCHY they hated, but with the Communists on top and everyone else are the peasants.
This is why I dislike Utopian systems. They never work, and when they fail the state just becomes a Mafia State where the Revolutionaries sit on the top and extort the local population for decades & decades & decades. You can never get rid of them, and they make it even illegal to question them.
I am not exactly an interventionist, but I also think it's karma when tyrants get a bullet in the head.
There are some criticisms of Capitalism that are accurate. I think some countries find themselves in truly hopeless positions because they have few natural resources that can be converted easily into great wealth, and because the economic system in "globalization" tends to focus on
- Extracting resources from the developing world and poorest countries (low income extraction jobs, mostly)
- Doing some manufacturing and services job in the middle-income countries.
- Complex manufacturing & services in the developed world with the highest incomes.
When people try to flip the narrative, it doesn't work. The developed countries fiercely protect their manufacturing jobs and slap tariffs on everything. The middle-income countries do this perhaps even more. It is not an easy task to break out of intense poverty.
... But one thing to be aware of, I think, is that capitalism generally has improved the world by making it so even the farmers in the poorest countries tend to have cell phones and be connected to the internet. Yes, of course, there are still endless problems in the developing world, and I am disgusted by the excessive lifestyles we sometimes take for granted in rich nations.... But it has been a net gain.
You know, we have the issue of 'Hell Joseun' in Korea, but this is really a generational gap...
People over 40 either remember poverty directly or were close enough to intense poverty to not complain so loud and consider what has become of KR as a miracle, and people under 40 tend to have no significant memories of the intense poverty.
This makes everything very sensitive and kind of strange...
There are kids who think their life is over & they have been cheated by the world because their family cannot afford to take trips abroad, because their father drives a taxi, because they are considered poor by their peers...
But this is completely unrealistic and very insulting to regular, working class people who did the best they can with what they have in a highly competitive society where their effort had increasingly diminishing returns due to competition and cronyism.
The amount of cronyism is absurd. It is even the case that a great deal many wealthy people will pay to secure their children somewhat prestigious positions even though their children are rather talentless simply because it would be a sore thumb for them to have to say that their youngest son is unemployed or, EVEN WORSE, works a regular cubicle job at a regular company you never heard of.
Life is not fair.
But... I support freedom, in general, and I believe governments routinely fail to fix your problems and often make them worse. Nonetheless, I am something of a nationalist and I support positive visions for public welfare. I support some amount of centralization, but I dislike totalitarianism.
Alleviating poverty has to be tackled in very specific ways for very specific economies, and even then ,nothing is guaranteed to work.
South Korea became rich because of the smart, economic nationalist policies that developed industry & because we had massive cultural infrastructure from our forefathers that already had in place a competitive, educated society that was highly organized and valued scientific and cultural thought.
North Korea missed out on this because they were taken over by Marxist megalomaniacs & idiots who eventually gave up on Marxism and just created a neofeudal society... All the CLASSISM and HIERARCHY they hated, but with the Communists on top and everyone else are the peasants.
This is why I dislike Utopian systems. They never work, and when they fail the state just becomes a Mafia State where the Revolutionaries sit on the top and extort the local population for decades & decades & decades. You can never get rid of them, and they make it even illegal to question them.
I am not exactly an interventionist, but I also think it's karma when tyrants get a bullet in the head.