Comment on The Sodium-Ion Battery Revolution Has Started
FlyingCircus@lemmy.world 2 days agoCapitalism is not reformable because it fundamentally relies on ever increasing rates of profit and exploitation. The first is impossible in a finite world, and the second is untenable to anyone who believes in justice.
melfie@lemy.lol 1 day ago
Corporations that are incentivized to make number go up and grow indefinitely at the expense of all else are a big part of the problem. Proper anti-trust regulation that is actually enforced to limit their size, as well as an aggressive wealth tax to limit individual wealth would go a long way.
Fundamentally, though, capitalism rewards those who seek power over those who contribute to society and also doesn’t incentivize long-term societal well-being. Regulation would only limit how much power any one psychopath can gain. If we could start from scratch and create a new society with any system we wanted, it would not be Capitalism.
CybranM@feddit.nu 1 day ago
Which system should it be in your scenario?
Zyansheep@programming.dev 1 day ago
Capitalism while replacing taxes on productive activities with taxes on unjustified monopoly power such as land value taxes to fund a UBI would be better than many past status quos.
melfie@lemy.lol 1 day ago
I have no idea what would truly work in the long-term. Is there really a system that is immune from psychopaths eventually seizing control while everyone else passively allows it, then when it gets bad enough, the guillotines finally come out, rinse and repeat?