source avatar₿odhiSATtva

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Been grinding on this essay for a while. So many people today rage that “Capitalism has failed” or “Capitalism is rigged.” That’s a dangerous oversimplification. The inconvenient truth? We don’t actually have capitalism. What we have is a mutated crony system—fiat credit expansion, central bank money creation, and bailouts that privatize gains while socializing losses. It’s corporate socialism dressed up in free-market rhetoric: creative destruction replaced by zombie firms, monopolies, and inflation that quietly transfers wealth from savers and workers to the well-connected. Real capitalism—grounded in secure private property, voluntary exchange, and sound money—is still the most moral and productive economic system ever devised. It aligns incentives, rewards service to consumers, and lifts humanity out of scarcity through cooperation, not coercion. This piece digs into the first principles: why socialism and communism collapse by violating property rights, how our current hybrid does something similar through the monetary system, and what restoring genuine capitalism would actually look like. If you’re tired of the chaos, inequality, and recurring crises, give it a read. It might help reframe everything. https://t.co/oecwk5tHS3

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.