Yet people will still flock to the Marxist Meme even though he was a fucking idiot that had no idea how to properly manage his personal finances.

Yet people will still flock to the Marxist Meme even though he was a fucking idiot that had no idea how to properly manage his personal finances.

Personal finances are not ampliative to macroeconomics.

Nowhere near as good as it should look?

On the right track though.

Personal finances are not ampliative to macroeconomics.

Why should world economics be crafted by someone who throws his money away and blames others?

Wasn't there some fuck here who figured that we weren't a true capitalist system?

While capitalism is what's gotten us to where we are today we can't ignore the problems with it's current incarnation. The wealth inequality gap and distribution.

Wasn't there some fuck here who figured that we weren't a true capitalist system?

There's no such thing, really. "True capitalism" might be construed as having everything, including legislation, controlled privately; but capitalism requires government to function properly.

While capitalism is what's gotten us to where we are today we can't ignore the problems with it's current incarnation.

I'm not saying we should. Merely that those who want to throw out the entire system have no leg to stand on; economic liberalisation and market integration throughout the 1980s in the developing world is responsible for halving global absolute poverty.

The wealth inequality gap and distribution.

I'd say mobility is a bigger issue than inequality (although I'm not convinced wealth inequality is particularly important issue, compared to income inequality) but there are certainly concerns with rent-seeking and trends in corporate governance over the past few decades.

Yes, I know that it's unrealistic to expect capitalism to be efficient.

It's unrealistic of you to expect unproven systems to be more efficient.

It's more efficient than any other system we've tried. So until someone comes up with a better system, you might as well choose the least shittiest option.

Yes, I know that it's unrealistic to expect capitalism to be efficient.

Which is why I don't.