Comment by pjlegato | Hacker News Reader

Comment by pjlegato | Hacker News Reader

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It should be noted that, empirically, all other economic systems that have been tried are even worse than capitalism as far as people's perceptions of their existence.

Capitalist countries have border guards to keep foreigners from coming in illegally. Socialist countries have border guards to keep their own people from escaping.

Capitalism does not enforce behavior patterns. You are free to opt out and be poor and not compete with others, if you want. You can be homeless, or subsist on minimum wage, or go on welfare benefits, and many do.

Compare this to socialist economic systems, where opting out is illegal and classifies you as a social parasite. "Being unemployed" is a felony that gets you ten years in a forced labor camp. "Complaining about how it is unfair that you are not allowed opt out" is also illegal, and also gets you a stint in the labor camp. That's "enforced behavior patterns."

> It should be noted that, empirically, all other economic systems that have been tried are even worse than capitalism as far as people’s perceptions of their existence.

The modern mixed economy, which has displaced the system for which the name “capitalism” was coined during the early to middle 20th century in virtually every place that it existed at the time the term “capitalism” was coined for the dominant economic system of the industrialized portion of the West in the mid-19th century, has, empirically, not been worse than capitalism as far as people’s perceptions.

If you compare only precapitalist systems and Leninism and its derivatives, you’d be right.

> Compare this to socialist economic systems, where opting out is illegal and classifies you as a social parasite.

The modern mixed economy is the closest (though not a very close) thing to a socialist economy system that has been tried on any large scale basis (its even the closest thing – though again not a very close thing – to a Marxist system, despite Leninists trying to claim the name.)

Vanguardist elite authoritarian state capitalist command economies are not socialist, and not (despite the aspirational claims originally made for them) empirically an effective way of bypassing the need Marx identified to go through a period of private capitalist development on the way to a socialist system.

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