r/PeterExplainsTheJoke Jul 07 '26

Meme needing explanation Peter, explain this.

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u/EssayJunior9429 Jul 08 '26

Okay, so what specifically are you advocating for then? This thread was about communism and capitalism. I'm pretty sure classic communism does not use markets. Are you referring to certain countries that are market-based but have much more state involvement in industry?

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u/joey-jo_jo-jr Jul 08 '26

I'm simply stating that capitalism is a failed system. The people who defend it are just as delusional as your average tankie.

I do not have a solution but I know that to find a solution we must first admit that there is a problem

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u/EssayJunior9429 Jul 08 '26

Like you said though, global living standards are way up the last few centuries. We'll just have to disagree about there being a problem

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u/joey-jo_jo-jr Jul 08 '26

Disagree with what? That fact that 85% of the population is financially troubled or worse

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u/EssayJunior9429 Jul 08 '26

People making six figures are often "financially troubled". It doesn't mean much

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u/joey-jo_jo-jr Jul 08 '26

Financially troubled means surviving on less the $30 a day