Originally Posted by Ilovetheblues_86
Arsen, after watching this movie, do you think the world is going into the wrong direction? :
That's nice and shiny. Kids love that video.
But honestly, if I were not actually living on this planet, and were an alien, this video would convince me that humanity is going forward with the speed of light...
In reality, you can't say income really went up. Inflation went up. I have old bills of 1 000 000 000 000 000 000 dinars. Wow, I must have been rich in the 90s...
So, no. As a matter of fact, the purchasing power actually went down.
Because more money effectively means more debt in the current system.
As for health, obviously science has developed and that's making people live longer. Capitalism though, is definitely not aiding this. It's actually slowing it down.
How would the pharmaceutical companies profit if everyone was healthy?
They operate similarly to the tech companies, and pretty much every other industry today. New iPhone every year. When it comes out, the old one is outdated. Why? So habibkos would buy them. Buy and don't think why you do it, just do it. It's new and better.
If you ask yourself, "Can the world live without capitalism?", rather ask, "Can the world live without something that actively seeks to exhaust it?"