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This is just whataboutism. Maybe you don’t know this but there are many alternatives to both neo-capitalism and authoritarianism. Tim is not blaming capitalism
by doctor_eval 2y ago
This is just whataboutism. Maybe you don’t know this but there are many alternatives to both neo-capitalism and authoritarianism.
Tim is not blaming capitalism. Without wanting to put words in his mouth, I think he’s blaming unfettered capitalism and its winner-take-all bullshit where the majority of the participants in the economy fail to benefit from it.
My next business will - very intentionally - be a lifestyle business, but it’s been really hard to find a niche where I can build a quality moat against massive players. The odds are stacked against us smaller players because of an accumulation of capital which is unnecessary and less efficient than alternatives.
You can blather on all you like about capitalism being better than communism but the kind of capitalism we’re getting is no better for us than the kind of communism we’ve fought against.
To quote someone on HN some years ago - I apologise that I didn’t keep the URL - “The US government's democracy is at most the same as the Soviet Union's communism, merely something to cover the way that those in power divide the loot.”