Do I need all those niche products provided by those businesses?
You might not, but there are people who might want, and in a free country their needs are needs too.
I am quite sure our ancestors survived pretty well without businesses, rewards, incentives, cosumerism or capitalism
You suggesting we need to leave technology and luxury behind? Again you can but there are people who might want them
And demand creates incentive which creates innovation.
the rich poor disparity problem is unsolvable unless the solution is total control of the market and complete socialism.
Because for example I wanna take the risk and invest my money to start a buisness only if I can get a equally rewarding return in profit. Why else should I take that much risk and effort? It’s not like already established buisnesses starting a new one from scratch is incredibly risky until and if it grows big enough.
So in any economy where there won’t be having the incentive, no one will care enough to start any buisness. That makes it the govt’s job to literally run all the buisnesses to make every single product for every niche community, whetger it’s essential, luxury, hobbyist etc. And the govt can only manage so much. This is why socialist economy crumble in comparison to capitalist ones. Because in capitalist economy you MAY be rewarded for taking the risk, so people come up with all sorts of innovative stuff to become big. The downside, some of them become so successful that they become too big.
Google: Not this time
unleashes web integrity API
Third that
charlie 10. We’re in.
I am not an american
And about that yacht, I can’t get enough wealth to buy superyacht unless 1) I provide some product/service that LOT of people buy or 2) I did some major heist. We can all agree to put the 2) in jail.
The “luxury” I was talking about is not “yacht”, but more like the mobile/PC you use. Certainly you don’t need a mobile or PC to live, but would you not buy a mobile and instead donate all your money to the homeless? I don’t think so.
In an ideal capitalist society, there will be a lot of competition in the market, all trying to get a market share. Therefore there will be lot of models of mobile and the buyers can choose exactoy what they want. In a socialist society, there will either be no mobiles, or one model.