Comment on [deleted]

deHaga@feddit.uk ⁨5⁩ ⁨days⁩ ago

• suff@piefed.social ⁨5⁩ ⁨days⁩ ago

  Weapons are produced by capitalists. War increases demand for weapons.
  Destruction renews demand. War is destruction.
  Capitalism has the tendency towards mono-/oligopolies rather than equity. Therefore, over time, decision power becomes centralized and it’s less likely that decisions wil be made for the overall economy rather than oligopolists.

  As all this is known since 3 centuries, existing national capitalisms took several measures against these tendencies. However, international capitalists are harder to manage. Also, most assets are collective attributions. E.g. if the stakeholders think, X, SpaceX, PayPal and Tesla, etc. aren’t worth a penny, Musk will rank down instantly.

  source

  • deHaga@feddit.uk ⁨5⁩ ⁨days⁩ ago

    I know. But war is net bad. It may be good for a few arms makers, but overall it’s net bad for capitalist economies.

    source

    • suff@piefed.social ⁨5⁩ ⁨days⁩ ago

      That’s why ‘last’ is in the OP. ;)

      source
    • suff@piefed.social ⁨5⁩ ⁨days⁩ ago

      Capitalists want others to loose money so their comparative wealth keeps growing. So if many lose in a war, few would profit, and start a war.

      source
• Aequitas@feddit.org ⁨5⁩ ⁨days⁩ ago

  Oh sweet child

  source

  • deHaga@feddit.uk ⁨5⁩ ⁨days⁩ ago

    How’s Russia and Ukraine’s economies going?

    source

    • Aequitas@feddit.org ⁨5⁩ ⁨days⁩ ago

      For some oligarchs in Russia? Great. Yes, it’s unfortunate for ordinary Russians. But those on top are certainly very pleased with the situation. And for American and European capitalists, the reconstruction of Ukraine will bring great business opportunities as well. Big Capital is happy.

      source
    • Twig@sopuli.xyz ⁨5⁩ ⁨days⁩ ago

      Israel is doing pretty well from war.

      source

      • athatet@lemmy.zip ⁨5⁩ ⁨days⁩ ago

        Israel isn’t in a war. They are just doing a genocide.

        source

        • -> View More Comments
• karashta@piefed.social ⁨5⁩ ⁨days⁩ ago

  War creates untold profits for the people making weapons.

  source

  • deHaga@feddit.uk ⁨5⁩ ⁨days⁩ ago

    Read what I wrote

    source

    • Proprietary_Blend@lemmy.world ⁨5⁩ ⁨days⁩ ago

      No

      source
• BeatTakeshi@lemmy.world ⁨5⁩ ⁨days⁩ ago

  Economies of the peoples maybe

  source

  • deHaga@feddit.uk ⁨5⁩ ⁨days⁩ ago

    No, the economy. The country. Everyone but a few arms dealers.

    The opportunity cost is massive.

    source