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To what extent would we need more capitalism? Currently, you have companies literally able to shut down countries (see examples of cigarette giants suing countr
by notheguyouthink 9y ago
To what extent would we need more capitalism? Currently, you have companies literally able to shut down countries (see examples of cigarette giants suing countries), and companies like Comcast being so anti-competition that they sue towns trying to set up faster internet fiber lines. That's not even involving the massive influence companies have with government officials in legal means via lobbying. Companies aren't charitable, and yet they give millions upon millions to politicians... And then of course there is the hilarious trends of a politician passing laws and then somehow, repeatedly, getting cushy jobs with big oil / Comcast / etc after they exit government work.
The point I'm getting at is companies have far more power and far more sway than any one person, Government worker or private citizen, so at what point does a world become capitalist? Do we have to shut down government and literally be run by Comcast before we consider it a capitalist world?
- justaman 9y agoCompanies shutting down other countries and bribes are not a part of capitalism. These acts are dick-moves that can happen in a socialist or communist system also.
- jschwartzi 9y agoSo if it doesn't matter which system we live in because corruption can happen in any system, why not quit masking the real issue by making it about capitalism? The real problem here is corruption and lack of accountability. That's equally likely in whatever system we choose.
- notheguyouthink 9y agoThe difference is, a working Government works for the people. Note I said a working Government. A company has no loyalty, no core incentive to work for anyone but themselves. They have no reason to be nice, and not do "dick moves" as you put it. We can't expect companies to have morals, they should operate within the law. Governments must keep them in check, keep the laws safe for humanity. To me, I extend this to anything that "matters". Ie, I believe in reformed health care because health care is too important to me to be handled by corruption. Insurance companies are not aligned with the peoples incentives. Just like how Cable is not aligned with my incentives either. They want to squash competition, stifle innovation, and fundamentally change an equal playing field of access and bandwidth.