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Yes today "Communism" and "capitalism" are not mutually exclusive. I was referring of the general understanding of communisn as an economic and political system
by fabrice1 9y ago
Yes today "Communism" and "capitalism" are not mutually exclusive. I was referring of the general understanding of communisn as an economic and political system. Indeed I believe-correct me if I'm wrong- China gradually buried the economic side in the early eighties with Deng Xioping. Capitalism can be a hard place when you are left behind but is the best system coupled with democracy and freedom of speech. My idea of human capitalism is to share profits with those left behind. Imagine if all businesses shared their profits. Utopic? I don't think so. We just need to push for it. I myself was homeless, rough sleeping before getting back on track. I now prepare to launch a start-up with the idea of sharing profits with those left behind. Radically lifting homeless families out of the streets in India. That what I call human capitalism
- tabtab 9y agoDo you mean voluntarily sharing? The biggest problem I see with that is that during recessions, the ratio of need to "sharers" goes way up.
- fabrice1 9y agoYes voluntarily sharing (10%) and why not "obligatory sharing" by law (although I'm not a partisan of it right now)but if this idea of businesses sharing with those left behind spread it could forced businesses to share by public pressure. CSR is too often a joke, a token contribution to give the illusion they care. If the ratio of need to "sharers" goes up maybe the sharing may increase. But it is a whole new culture that would have to be nurture. Most of investors, shareholders are let's say a bit selfish. But if we can convince them it is in their self-interest to learn to share it may work. History is a constant reminder that when people are too unhappy the "elite" is in trouble. People need hope they can move up the social ladder.