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RE: Bernie Sanders - Socialist - Campaing in $450,000 Debt: Kicker - He Won't Pay
socialism is where the workers control the means of production.
Under capitalism profit only comes from the exploited labor of the workers. As the rate of profit falls, workers will be paid less or the system will collapse for lack of profit. Eventually this goes on and the buying power of the workers approaches zero, meaning the problem with captialism is that you eventually run out of other people's labor.
freedom doesn't exist under capitalism.
Well, all I know is that 300 years ago 9x % of the population worked all day and night, for a king or something, and the average lifespan was much shorter compared to what it is today. Most of these people also spent their whole life in a village never seeing the closest big city.
Today, the average joe works 8 hour a day, has plenty of free time and makes enough money to fly the world, even if it is with a shitty airline like ryanair. And his lifespan has more than doubled.
The above examples may sound overly simplistic, but practically prove how your argument that "Eventually this goes on and the buying power of the workers approaches zero" is simply wrong. Sure, there are some set backs here and there. But capitalism has literally taken us to the moon. Not socialism :)
here is a nice video
the only way to avoid this tendancy for the rate of profit to fall is imperalism and super-profits made off of that. We are the most imperalist country in history and as you can see we get massive superprofits from oil and such.
https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to_fall
This is explains it in terms that can not be just ignored
it was the rise in technology, not the economic system. 20 million die of poverty a year and yet we can feed them. Less starve because we can produce more food, but those 20 million still die because of the system
actually the majority of our resources are made by third world countries. The amount of profit per unit labor in resources has increased, but as a percentage of resources gained from labor vs produced by the labor has decreased drastically