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Raul I Lopez's avatar

Thanks for writing and sharing this.

Makes me want to learn more about why capitalism has not worked for so many people in the United States.

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JJ Deng's avatar

As a fellow Berkeley grad, I hear ya with the frustration over the prevalence of socialist/communist ideology being touted on campus. And my parents grew up under Mao in China and came to the US precisely to get away from it all! It precisely fails to work because not only is it counter to human nature like you've alluded to but it also requires a powerful and centralized authoritarian government to implement. (Wait, but that isn't communism and you say real communism is Anarcho-Communism or Libertarian Socialism? Yep, those really sounds great on paper until you realize that one can easily cheat the system and game the system to gain more or contribute less and there's no state to enforce it. At least under Mao, the state could enforce things but ultimately, the extreme centralized control required for communism didn't leave room for checks and balances to mitigate corruption which led to its downfall, at least from my understanding but I digress.)

I'm more pretty open to exploring different forms of capitalism whether it's laissez-faire or something like the Nordic model but I just cannot see how any economy without (relatively) free markets as a foundation could ever work since there's always greed.. and capitalism, by design, exploits people's greed to get them to deliver what others want which has seemed to work best out of all systems of allocating scarce resources tried throughout history.

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