Hoarding money is not economically prudent in a system designed with mild inflation. Money loses value sitting still, to grow wealth there has to be some action with a positive return. The trouble will billionaires is the oligopolizing of power and influence, not that they're sitting on gold that could otherwise be yours...
I've spent a lot of time in communities trying to grow past 'money' and decided that the usual replacement is allegiance to some other ideology that aligns everyone's incentives to a common cause or cult. I'd rather have diverse incentives with a common language of cash.
If we cant grow past money as a species we are pretty much doomed. I'd rather have allegiance or community based incentives over monetary gain, given that most people on earth can't really afford life anymore and rack up debt so rich people can get richer.
Capitalism is the single greatest force for improvement in the human condition. Money is the foundation of capitalism.
If you went to school and believe what you write then you went to terrible schools.
> Capitalism is the single greatest force for improvement in the human condition.
Capitalism has done a lot of good in the world, and it has also done a lot of bad.
The problem isn't that capitalism exists, it is that far too many people treat it as a religion rather than a tool.
Capitalism also marked the end of humanity and is the single greatest force driving human extinction. But yall money driven brains cant comprehend that :)
I guess my question to people that dislike capitalism, is - what do you want to see replace it? Capitalism with changes, Communism?
I don't think Humans can ever do anything other than capitalism because at the end of the day, a farmer making food and delivering it is just going to STOP working when he finds out a daycare owner has made $15 in 3 years without actually taking care of kids. And everyone just bubble wraps the explanation - and then they disallow anger. The farmer then writes up a proposal for starting a daycare and the food stops flowing. Everyone dies in communism.
>Everyone dies in communism.
Everyone dies in capitalism as well though. Everyone dies generally at some point in life.
Reality is, currently most of us are wage slaves and I'd love to work a little less and still be able to afford life. An alternative to capitalism would be socialism and killing corrupt people off.
> The trouble will billionaires is the oligopolizing of power and influence, not that they're sitting on gold that could otherwise be yours...
There are just purely economic problems caused by wealth inequality too because while money numbers can just keep going up infinitely, there are only so many real assets (and services like education and healthcare) that can be bought with those money numbers, so the higher the wealth of the top relative to everyone else, the easier they price everyone else out of the economy, which we are very much seeing the effects of over the last few years as things get increasingly K-shaped and the middle class vanishes.
All of this said, the last time and place I'm going to be snarky or critical of any one person's wealth is when they are voluntarily redistributing it to improve things for the common good.