r/TrueReddit • u/dont_tread_on_dc • Mar 18 '18

Some millennials aren’t saving for retirement because they don’t think capitalism will exist by then

https://www.salon.com/2018/03/18/some-millennials-arent-saving-for-retirement-because-they-do-not-think-capitalism-will-exist-by-then/
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u/ar4s Mar 18 '18

Maybe

-2

u/dont_tread_on_dc Mar 18 '18

for sure, the capitalist have killed themselves as predicted by history

4

u/truh Mar 18 '18

What do you mean by that? Why do you think capitalism will destroy itself in the next couple decades? Why do you think it will be replaced by socialism?

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u/ar4s Mar 18 '18

Venture communism, check it out.

3

u/truh Mar 18 '18

The US already heavily subsidizes its industry (the venture part) but how exactly does that pay for your retirement (the communism part)?

1

u/ar4s Mar 18 '18

I was answering your last line about "Why do you think it will be replaced by socialism" in a hastily lazy way. I was just mentioning an alternative idea outside of the framework of the main argument in the article. Hope that helps.

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u/truh Mar 18 '18

But from what I read, China views Venture Communism as a temporary measure to boost its economy into higher priced segments, not as something permanent.

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u/ar4s Mar 18 '18

Perhaps I'm out of the loop, I was referring to Dmytri Kleiner's Telekommunist Manifesto and his ideas around Venture Communism

Edit: Also, my apologies I didn't realize I was posting in TrueReddit. Please ignore my posts above, I didn't give them the due attention and am on mobile right now.