4 ms·

"I'm not sure it is fully capitalism's fault..." I agree. The problem here isn't capitalism. I also don't think it's lack of laws, it might be the opposite. P

"I'm not sure it is fully capitalism's fault..." I agree. The problem here isn't capitalism. I also don't think it's lack of laws, it might be the opposite. People being abused by corporations who have manipulated laws in order to favor the corporations. Things such as "forced arbitration clauses", "anti-union legislation", and "non-compete clauses" are meant to strip the power away from workers. That we blame any economic system ignores the fact that humans are the root cause of any and all injustices in the systems we implement.

JoeAltmaier 8y ago
Whoa! not all of them are individual people's fault. There's still problems with the system itself including tyranny of the majority, systemic bias, inflation and recession to name the first few that occur to me.
knightofmars 8y ago
_People_ are responsible for implementing the system and handling all of the problems with said system. We can't get around this. All systems have pros and cons. Pointing this out is akin to saying, "Water is wet." It's how people decide deal with those cons once a system hits reality that cause injustice in the system.
zjaffee 8y ago
Per marxist theory (so take this how you will), modern societies can either be dictatorships of the proletariat or of the bourgeoisie. Capitalism as an economic system is inherently a dictatorship of the bourgeoisie, where laws will always be created to favor the interests of those with capital rather than workers. A market driven economy isn't inherently capitalism, as markets existed before capitalism and certainly played a factor in the central planning organizations of many socialist governments. Any concessions to this only come from fear that the bourgeoisie would lose further power, which explains why the rich historically supported the expansion of the middle class as it created a buffer between their interests and the interests of laborers, and would explain why Jeff Bezos would support a living wage now as without it there is an increased risk of having to make further concessions down the line.
knightofmars 8y ago
https://madison.com/wsj/news/local/courts/supreme-court-in-epic-systems-case-employers-can-enforce-arbitration/article_100a50a7-7ff6-517a-ac6e-8dc07f5b69d6.html https://madison.com/wsj/news/local/courts/supreme-court-in-e...

JoeAltmaier 8y ago

Whoa! not all of them are individual people's fault. There's still problems with the system itself including tyranny of the majority, systemic bias, inflation and recession to name the first few that occur to me.

knightofmars 8y ago

_People_ are responsible for implementing the system and handling all of the problems with said system. We can't get around this. All systems have pros and cons. Pointing this out is akin to saying, "Water is wet." It's how people decide deal with those cons once a system hits reality that cause injustice in the system.

zjaffee 8y ago

Per marxist theory (so take this how you will), modern societies can either be dictatorships of the proletariat or of the bourgeoisie. Capitalism as an economic system is inherently a dictatorship of the bourgeoisie, where laws will always be created to favor the interests of those with capital rather than workers. A market driven economy isn't inherently capitalism, as markets existed before capitalism and certainly played a factor in the central planning organizations of many socialist governments. Any concessions to this only come from fear that the bourgeoisie would lose further power, which explains why the rich historically supported the expansion of the middle class as it created a buffer between their interests and the interests of laborers, and would explain why Jeff Bezos would support a living wage now as without it there is an increased risk of having to make further concessions down the line.

knightofmars 8y ago

https://madison.com/wsj/news/local/courts/supreme-court-in-epic-systems-case-employers-can-enforce-arbitration/article_100a50a7-7ff6-517a-ac6e-8dc07f5b69d6.html https://madison.com/wsj/news/local/courts/supreme-court-in-e...