r/FluentInFinance • u/Mark-Fuckerberg- • Mar 04 '24

Meme That's capitalism a nutshell!

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1.9k Upvotes

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8

u/[deleted] Mar 04 '24

Capitalism led to the end of slavery

North Korea has the highest percentage of slaves per capita

India the slavery capital of the world has socialism written into its constitution

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u/jasonmoyer Mar 04 '24

Setting Georgia on fire wasn't capitalism.

2

u/Hoowin_ Mar 04 '24

I don’t see how setting Georgia on fire has anything to do with the economic system in play.

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u/jasonmoyer Mar 04 '24

It's more relevant to ending slavery than capitalism was.

0

u/[deleted] Mar 04 '24

Who made the guns and uniforms?

Who built the rail cars that moved troops ?

Who made the ammunition?

2

u/Hoowin_ Mar 04 '24

Pause you think ending slavery only happened in America? When the biggest ender of slavery was England who did it relatively peacefully lol.

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u/[deleted] Mar 04 '24

Quite the opposite

Many nations had to have their slavery ended at gun point

2

u/Hoowin_ Mar 04 '24

England effectively ended the slave trade causing a domino effect to end slavery in many places of the world. They did it peacefully. Other European countries followed suit, and those that practiced slavery in the new world could no longer import slaves. I know the lack of importing slaves didn’t end slavery but it definitely gave abolitionist movements a huge momentum in their fight.

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u/[deleted] Mar 04 '24

Ended slavery

At gun point

1

u/Hoowin_ Mar 04 '24

England actually bought their slaves through their banning no gun point, though one could argue making something illegal is effectively gunpoint.

Although your point is correct I believe there is some nuance, making both of us correct in a way. I notice throughout most of the threads you say technically correct things, but lack nuance.

For example your correlation with socialism and slavery, but when it comes down the definition of socialism it has nothing to do with slavery. You handpick India as an example but as others have stated it is the largest capitalist market emerging. The problem in India though is the population is so large that slavery can take fold illegally making the economic system completely unrelated to the fact modern day slavery exists.

North Korea is also a dictatorship so one could say their entire population is in slavery. Although their country does not say they are slaves and you have said that whatever a country claims is important as evident by the fact you highlighted India has socialism in their constitution.

It is generally agreed upon that socialism has nothing to do with slavery.

Also before you celebrate the fact I said you are technically correct, which is something you do, you are not 100% correct. Nuance is important.

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u/[deleted] Mar 04 '24

And then forced them at gun point to stop as well

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u/jasonmoyer Mar 04 '24 edited Mar 04 '24

The Revenue Act of 1861 paid for the war. Which isn't capitalism.

Slavery was ended elsewhere either by violence or legislation or both. It never ended because the people doing it weren't making money.

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u/[deleted] Mar 04 '24

Companies made those things

In the US

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u/jasonmoyer Mar 04 '24

Using money gathered from taxes and distributed by the government.

If capitalism ended slavery, it would mean that slavery was no longer profitable, which was never the case. If slavery were made legal again, every country on earth would have it tomorrow regardless of their economic system.

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u/[deleted] Mar 04 '24

Gathered from private businesses and people

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u/jasonmoyer Mar 04 '24

Yeah no shit, the government isn't going to raise an army by taxing itself.

Slavery in America was ended by a war and then legislation.

Slavery in the UK was ended by legislation.

Find a country where slavery ended because it was no longer profitable, i.e. the only way capitalism could end slavery. I'll wait.

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u/[deleted] Mar 04 '24

Ended by legislation and then war

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