Utter and absolute BullC*ap. Capitalism is the only system that advance civilization. Socialism is the cancer that destroy Capitalism.
I am by no means suggesting socialism is the answer. I am graduating with an MBA from a prestigious american university at the end of the year and I’m mad as hell
If it is prestigious university then it is almost certain that you have been utterly brainwashed to never see the moral good of Capitalism. MBA programs are infested with leftists statists. The single reason the US became the worlds economic superpower is because government was wise enough to let people be free and allow Capitalism flourish.
Now our corrupt government is destroying our Republic via socialistic, statist programs.
I strongly suggest you study the works of Ludwig von Mises, F.A. Hayek, Eugen von Böhem-Bawerk, Milton Friedman and others.
Read Mises's Economic Freedom and Interventionism and Planning for Freedom Read Hayek's The Road to Serfdom then his other masterpiece, The Fatal Conceit. Milton Friedman classic, "Free to Choose" is an easy read.
Read the masters of Economic Liberty and you will clearly understand that only Capitalism will allow civilization to advance.
If, for the past one-hundred years, we did not have the advancing cancer of Statism,(that is, if we had true Capitalism) then I have no doubt the Moon would be colonized and Mars would be a popular vacation and working destination. Government is the single reason that we have major problems today.
“If it is prestigious university then it is almost certain that you have been utterly brainwashed to never see the moral good of Capitalism. MBA programs are infested with leftists statists. The single reason the US became the worlds economic superpower is because government was wise enough to let people be free and allow Capitalism flourish.”
The single reason the US became the world’s economic superpower is the condition WW2 left the world in. If you remember your history America was the developed world’s asshole before WW2.
Also, if you’d ever been in a top level American MBA program you’d know they aren’t filled with “leftist statists” and are instead populated with custodians of corporate status quo and are teaching from a curriculum largely developed in the 80’s.
You’re the one who’s been brainwashed by largely media jingoism and talking points. I question the veracity and continued relevance of everything I’m taught particularly when it comes from pillars of our academic community (no matter their biases) who’ve collected a nice booty in consulting fees while guiding private institutions, fiscal policy, and economic regulation into this quagmire.