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> "Even the most hardcore anti-capitalists have to give respect to how the combination of capitalism and technology has worked to lift most of the world out pov
by peacefulhat 6y ago
> "Even the most hardcore anti-capitalists have to give respect to how the combination of capitalism and technology has worked to lift most of the world out poverty and provided us with the security and comfort only kings enjoyed just a few century’s ago."
I really don't have to. The best tools in software are free and open source, and if I contrast that with the tools which aren't it's really obvious that there are externalities from competition i.e. anti-cooperation. You also need an explanation for progress in communist countries besides "they would have been better off with capitalism." Maybe, but the premise is that capitalism is the reason for "comfort only kings enjoyed just a few centuries ago"...or one century ago in Russia. Research, engineering and trade are some of the real reasons for rapid growth.
A big problem with UBI is that it gives up on dealing with concentration of wealth and power into the hands of a few ceos, often for no benefit to anyone else. This is especially true of the version of UBI with a funding model like Andrew Yang proposes. I think a better path forward for "capitalism 2.0" is to require companies give much more stock equity to employees - all employees, including low wage and contractor. An extreme option would be to force every company to reform as a coop. And neither of these are mutually exclusive with UBI.
- dev_tty01 6y ago>Research, engineering and trade are some of the real reasons for rapid growth. And how is that not the combination of capitalism and technology? Trade is capitalism and research and engineering create technology, as you point out, funded by capitalism.
- peacefulhat 6y agoDo you consider USSR capitalist since it had trade, research, and engineering? Incoherent.