Why are folks so anti-capitalist?locked
Hi all,
I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.
Cheers!
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Free market capitalism is inherently about generating wealth for primary stakeholders but externalizing the social and environmental costs. It's basically how the entire system works.
You are misusing terms, a stakeholder is anyone affected by a company's actions while a shareholder is anyone with ownership in a company. All shareholders are stakeholders, not all stakeholders are shareholders.
I was using the term in it's original sense, i.e. investors, employees, and suppliers.
I didn't want to say "shareholders" because not all businesses offer shares.