Comment on Capitalism isn't the problem, THIS is the problem, and I've watched it roll over us for 40 years. [3 min. video]

ICastFist@programming.dev ⁨5⁩ ⁨days⁩ ago

• ManixT@lemmy.world ⁨5⁩ ⁨days⁩ ago

  The key word is unregulated. Why does it have to be unregulated?

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  • HasturInYellow@lemmy.world ⁨5⁩ ⁨days⁩ ago

    It was regulated. They captured the regulators. That’s the whole point. It could never have gone any other way. Capitalism breeds greed. In everyone. And when a greedy person sees another person doing something highly immoral and abusive to their customers, they don’t think, “my God! We have to stop it!”

    They think, “that’s a good idea. How can I get MINE?”

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    • lmmarsano@lemmynsfw.com ⁨3⁩ ⁨days⁩ ago

      It was regulated. They captured the regulators. That’s the whole point.

      That’s a criticism of the political system, not the economic one. Government deficiencies not intrinsic to an economic system fail as criticism of the economic system.

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      • HasturInYellow@lemmy.world ⁨3⁩ ⁨days⁩ ago

        Explain how to prevent capital from interbreeding with regulation. Tell me how a government could definitely prevent that.

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  • 0_o7@lemmy.dbzer0.com ⁨4⁩ ⁨days⁩ ago

    Because capitalists don’t like regulations? When you let corporations become the sole driver of the economy, some of them get really big, so big they can easily buy out the people who are supposed to regulate the market.

    Why do you think all companies are bending the knee and ass kissing trump? Because you get what you want when you bribe him enough.

    iss.europa.eu/…/trump-takes-aim-overseas-extortio…

    Also isn’t lobbying legal in the US? It’s almost like the country was made by capitalists assholes to make it easy to subvert regulations.

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    • Doomsider@lemmy.world ⁨4⁩ ⁨days⁩ ago

      The US was founded by the rich for the rich. Anything else is just convenient propaganda to convince the masses otherwise.

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    • ManixT@lemmy.world ⁨4⁩ ⁨days⁩ ago

      I hear ya, just seems like one of those throwing the baby away with the bathwater things.

      The likelyhood of implementing market regulations is plausible vs implementing full communism, which will never happen.

      We can make progressive steps towards fixing our system and I don’t want to give up.

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• shalafi@lemmy.world ⁨4⁩ ⁨days⁩ ago

  Name an economic system that doesn’t eventually funnel money to the top. Not one person has answered that on lemmy, but it sounds like you can!

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  • PeriodicallyPedantic@lemmy.ca ⁨4⁩ ⁨days⁩ ago

    So they all funnel money to the top.

    Are you suggesting that capitalism funnels money to the top slower than other systems? Or that when capitalism does it, it’s somehow less problematic?

    Because what else is your point here?

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  • ICastFist@programming.dev ⁨4⁩ ⁨days⁩ ago

    Name an economic system that doesn’t eventually funnel money to the top. Not one person has answered that on lemmy, but it sounds like you can!

    Other lemmings already did, but you’re hellbent on saying “Nuh-uh! That doesn’t count!” which, judging from your other comments, comes from not wanting to accept that an economic system isn’t a magical, isolated thing that is simple to understand and always works the same everywhere, without any relation to the groups and communities within it.

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• BananaIsABerry@lemmy.zip ⁨4⁩ ⁨days⁩ ago

  The guy in the video is literally discussing the removal of regulations though? Are you arguegreeing right now?

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  • ICastFist@programming.dev ⁨4⁩ ⁨days⁩ ago

    Nah, just replying to OP’s senseless rant

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