[doctor_eval]

Why smart people continue to say this is beyond me. There were so many problems with the USSR - central planning, corruption, bureaucracy, secrecy, misaligned incentives - and it's just not true that everyone was equal. Very few rational people would agree that the USSR is something that we should aspire to.

As far as I can tell, "look how well it worked for the USSR" is just a trope that's trotted out by people who don't want to accept that alternatives to the status quo might be possible.

[WalterBright]

If you don't like the USSR, provide another example that suits your position.

Also, why are the FAANG companies all American companies?

[duckmysick]

Are you asking why an arbitrary group of American companies, popularized in an American TV show about the American stock market, has only American companies? I don't know. That's a good question. Why didn't they include others like Tencent, Alibaba, TSMC, Samsung, or BYD?

It's like asking why are the Fortune 500 companies all American companies. In contrast, Fortune Global 500, using the same criteria but in a wider pool, has companies from other counties.

[doctor_eval]

The US has the worst health outcomes in the OECD - in particular for life expectancy, infant mortality, healthcare access, and chronic disease. So if you care about health, “another example” is literally any other OECD country.

And every one of those FAANGs would not exist without ASML, a European company.

You obviously don’t know what you’re talking about. I’m checking out of this thread.

[high_na_euv]

>Also, why are the FAANG companies all American companies?

There are probably hundreds of reasons why SV snowballed this hard

[fragmede]

I don't understand how you can see videos like https://youtu.be/925wmb-4Yr4 of skid row and conclude, y'know what? American Capitalism is the best thing ever and there's no possible way theres anything wrong with it so anybody trying to say that, hey, it's not perfect, is automatically a Stalinism Communist because that's the only way there could remotely be any sort of problems with American Capitalism.

There's a housing problem everywhere and your vaunted free market hasn't been able to solve the problem, but that's okay because we can just blame the victims for wanting life, liberty, and the pursuit of their happiness in a place of their choosing, in a manner of their choosing. As if anyone in their right mind would choose to live like they do in the video linked above.