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Capitalistic Shortcomings And How NOT To Fix Them
Our best is hardly ever perfect and imperfect is hardly ever our worst
Capitalism is hardly a perfect system. I daresay it is a highly imperfect system. Yet, I am also confident it is the best system we have come up with so far. Being the best is a necessarily transient state, as anyone who truly embraces capitalism will have to admit. Moreover, being imperfect offers us endless reasons to seek improvement.
One of my greatest frustrations with movements that oppose capitalism is their obsession with alternatives with a proven track record of performing objectively worse. It has never made sense to me. It has always felt like someone unhappy with their fitness levels decided to stop training altogether and have pizza and beer every night instead.
With that out of the way and with no ambition to write a political, philosophical or economic treatise, here are some thoughts on what I see as the limits of capitalism:
1) Inheritance
Inheritance is an almost impossible concept to resolve: as old as humans have been making other humans. There is no way we won’t want the best for our offspring despite our ideology. If we have done well economically, we will give our children a head start, and we won’t question if it’s…