4 ms·

That's all capitalism is: the theft of workers' profits by shareholders.

• erik_seaberg 3y ago
  They’re taking all the risks for me.
• proc0 3y ago
  I see capitalism as the best solution so far to the greedy nature of humans. It doesn't solve for business owners constantly trying to squeeze the most out of workers like farmers and their livestock. There are definitely better solutions to be discovered, probably not communism because even though it sounds good, the greed nature of humans can exploit communism even more than capitalism. It's a tough problem.
  • CrackerNews 3y ago
    On the flip side, capitalism can enable greed to a global level never before seen, and communism (as in communist states as opposed to "True Communism") can enforce a level of fairness given the limited resources. The former can dominate entire countries and create banana republics, and while the latter can inflict misery, it is not on the level of complete failed states where senseless violence roam the streets.
    • proc0 3y ago
      It seems that capitalism coincided with empires globalizing the world via colonization, and as such inherited imperialist "features" that are not necessarily tied to the idea of free markets and capital. Those companies that did horrible things for profit, are allowed to do so because of capitalism, but it's not an inherent feature of capitalism, in my limited knowledge. To that extent it's like we're trying to find an economic model that will solve for human greed in every possible scenario. Maybe it just needs to be complemented with other societal values or moral structures.