3 ms·

Totally agree. I am all for capitalism but its reached a point where it’s completely unsustainable. We need Capitalism 2.0, which has profit but also other equ

Totally agree. I am all for capitalism but its reached a point where it’s completely unsustainable. We need Capitalism 2.0, which has profit but also other equally important goals of sustainability and community wellbeing.

dragonwriter 3y ago
Since about the early-mid-20th Century, the dominant economic system has been a divergence from capitalism-as-originally described, specifically limiting the expression of the property rights of capital holders to enable goals of community well-being and sustainability as assessed by the community through, generally, representative democratic means to be addressed and systematically prioritized alongside capital. Its often distinguished from capitalism-in-the-strict-sense as “the modern mixed economy” or something along those lines; its popularly still called capitalism, but to the extent that's accurate its already Capitalism 2.0, diverging from 1.0 in the exact direction you lay out.
- quietthrow 3y ago
  That’s super interesting. I would like to learn more about this divergence as what I have said is something that felt common sensical to me. Can you recommend some resources? Also if the what you are describing is true then we prolly need more divergence than what we currently have. I am also curious (this is specifically about USA) how effective these limiting of ownership expressions might be if bribery was not legally permitted (lobbying). Like for example imagine the policies and the quality of life of parents if there was a “National Association of Parents” that advocated for the masses. Think powerful like NRA but for parents and children. Call me an immigrant but it baffles me that people of this country don’t have something like this.
  - hnthrowaway0315 3y ago
    I think the two world wars really matured the business of government and a lot of agencies grew after that. Back then you have the War Trade Board, OSS, etc which had a lot of powered to deal with extreme situations.

dragonwriter 3y ago

Since about the early-mid-20th Century, the dominant economic system has been a divergence from capitalism-as-originally described, specifically limiting the expression of the property rights of capital holders to enable goals of community well-being and sustainability as assessed by the community through, generally, representative democratic means to be addressed and systematically prioritized alongside capital. Its often distinguished from capitalism-in-the-strict-sense as “the modern mixed economy” or something along those lines; its popularly still called capitalism, but to the extent that's accurate its already Capitalism 2.0, diverging from 1.0 in the exact direction you lay out.

quietthrow 3y ago
That’s super interesting. I would like to learn more about this divergence as what I have said is something that felt common sensical to me. Can you recommend some resources? Also if the what you are describing is true then we prolly need more divergence than what we currently have. I am also curious (this is specifically about USA) how effective these limiting of ownership expressions might be if bribery was not legally permitted (lobbying). Like for example imagine the policies and the quality of life of parents if there was a “National Association of Parents” that advocated for the masses. Think powerful like NRA but for parents and children. Call me an immigrant but it baffles me that people of this country don’t have something like this.
- hnthrowaway0315 3y ago
  I think the two world wars really matured the business of government and a lot of agencies grew after that. Back then you have the War Trade Board, OSS, etc which had a lot of powered to deal with extreme situations.