Capitalism is why our govt is bought and paid for. They are inextricable.
Comment on FTC's rule banning fake online reviews goes into effect
shalafi@lemmy.world 3 weeks ago
Oh look, Lina Khan bringing the heat again. My god, she’s like a bureaucratic superhero. Lemmy loves bagging on capitalism, but capitalism ain’t the problem. The problem is our spineless, bought and paid for government. Action like this can turn us around, wrest power away from the monopolists.
Losing her to a Trump administration is yet another horror we may face.
Flocklesscrow@lemm.ee 3 weeks ago
C126@sh.itjust.works 3 weeks ago
Corruption will exist in every government, regardless of economic system. Power corrupts, absolute power corrupts absolutely.
Flocklesscrow@lemm.ee 3 weeks ago
No one is talking about corruption; the whole point is that the system itself is designed to concentrate wealth.
Since we’re bandying about well trodden quotes, how about this one:
“You can put a good person in a bad system, and the system will win every time.” -E. Deming
C126@sh.itjust.works 3 weeks ago
Well what’s an ethical alternative? Central planning?
sibachian@lemmy.ml 3 weeks ago
capitalists have paid harris to kick her out if she wins, so lina khan will be gone soon regardless of who wins.
merde@sh.itjust.works 3 weeks ago
capitalism may not be “the problem” but it is a problem.
stoly@lemmy.world 3 weeks ago
People who vote for Trump like to blame democrats and woke people, but what they really and truly hate is capitalism.
shalafi@lemmy.world 3 weeks ago
Well, I suppose you have a genius economic system where the haves don’t take advantage of the have nots. Tell us all about it!
jlou@mastodon.social 3 weeks ago
There are other alternatives to capitalism besides Authoritarian Marxist-Leninist states. An example would be Georgist economic democracy. Some policies in such an economy:
1. All firms would be legally mandated to protect the inalienable right to worker democracy by structuring as democratic worker coops. There would thus be no haves appropriating 100% of the fruits of the have nots' labor
2. 100% land tax and carbon tax
3. PCO for all capital
4. Guaranteed minimum income
@technology
Schmoo@slrpnk.net 3 weeks ago
Communism envisions a society where there are no haves and have nots (classless) and socialism is put forward as the economic system that will get us there eventually. There are criticisms to be made about the method but the vision is good.
Capitalism does what you’re doing here, snarkily talk down to anyone who dares suggest such a society might be possible and is worth working towards, and puts forward instead that there must be haves taking advantage of have nots for society to function and that no other way is possible.
shalafi@lemmy.world 3 weeks ago
Such a society is not possible because we’re human beings, warts and all. FFS, teach monkeys how to use money and they invent prostitution.
There will always be people who look to dominate others for personal gain. Also, the “tragedy of the commons” is well known fact of life. If an economic system isn’t taking human behavior into account, it’s useless, hippie bullshit.
That’s why capitalism worked so well for so long. Now that we’re into the later stages, it’s up to government to reign it in. When I was a kid in the 70s and 80s, a bad/immoral reputation could easily tank a company. Now no one gives a shit, keeps buying and buying. Fine. Time for the government to step up, but our representatives are bought and paid for by the very organizations they should be regulating. And that last is going to be a feature of any economic system.
Maybe it’s already too late? Seems like it, but then I see people like Lina Kahn taking on Wall Street and Silicon Valley, and I have hope.
macgyver@federation.red 3 weeks ago
Genuine question, what happens when the populace loses motivation to contribute? Such as the “lie down” movement (yes I understand China is not the best example).