I’m the chimney sweep now!
Capitalism is moderately efficient in allocating Capital and setting prices for the purpose of generating profits. Capitalism is pretty terrible when it comes to actually improving society, and the EU still sees massive problems.
Worker Ownership of the Means of Production is a better alternative, whether that be along the lines of Anarcho-Syndicalism, Market Socialism, Democratic Socialism, Marxism, Council Communism, or so forth.
According to all data we have, the living standard in democratic, capilistic states is significantly higher than in any other market order. If you consider the social capitalism like in Nordic countries, they easily rank the number 1 in all metrics. Meanwhile communist states like the DDR or UDSSR collapsed after their economy was ruined.
This argument always comes up, and it’s such a bad one when actually considered. The US was the largest world power, right? They also influenced all other western and/or capitalist nations, either through cooperation or threat of cutting them off from the market.
OK, so consider which communist/socialist countries failed. Did they fail in a vacuum? No. They failed with the “democratic” (often less democratic than the opposition, but this was their messaging) nations opposing them. For example, in Guatemala they elected a leftist president who introduced a minimum wage, increased democratic participation in elections, and the next president introduced land reforms to redistribute land to give it to the peasants.
Communism “always fails” because the most powerful nations in the world are afraid of it, so they do everything in their power to ensure it fails. The few that have been able to survive are dictatorships, because they can better withstand pressure from the outside. (This isn’t to say dictatorships are good, just that they’re more stable when attacked.) They also generally had or enforced cultural hegemony, for the same reason. It’s survivorship bias.
We have no idea how well a leftist government would do if not attacked, because it’s always attacked out of fear. If it’s destined to fail, why are they afraid of it succeeding?
Maybe communist countries always fail (UDSSR, DDR) or transition to capitalism (China), not because of outside forces, but because its a flawed system?
I’ll break this down sentence by sentence.
-According to all data we have, the living standard in developed countries is higher than in developing countries. Additionally, Capitalism is less democratic than Socialism, as Capitalism is a market of competing mini-dictators, rather than democratically run industry.
-Social Democracies a la the Nordic Countries ruthlessly exploit the third world and see rising disparity as Capitalists erode social safety nets. Mass Unionization slows this process, but Social Democracies serve as a good example of why living standards are higher when Workers have more control, and why Unionization alone isn’t enough, Capitalism itself remains the problem.
-The USSR is not the only form of Socialism, and additionally it collapsed after it liberalized. It wasn’t a Communist state either, as it never achieved Communism, ie it was not a Stateless, Classless, Moneyless society.
All in all, very flawed takes on your part. Attributing quality of life to Capitalism, when it was due to development, is false. Additionally, you falsely assume development only comes from Capitalism, which relies on the absurd logic that believes humans are incapable of developing democratically, and goes against this very website itself.
