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>Something's deeply wrong with how things work now, and capitalism is looking awfully like the root cause. I don't refute that there are big problems with how
by anonym29 2y ago
>Something's deeply wrong with how things work now, and capitalism is looking awfully like the root cause.
I don't refute that there are big problems with how things are currently being run, but what evidence exists suggesting that an alternative economic system is the solution?
Please correct me if I'm wrong, but China has far more industrial accidents and avoidable deaths than the US does, no?
We also didn't have the same extent of the kinds of problems being discussed here in the past, while the US was still a capitalist country then too, right?
That makes me ponder whether a change in the implementation of capitalism is to be blamed more so than capitalism itself - if not a combination of that and other factors unrelated to the economic system.
It's not difficult to draw a line back to when we shifted away from a more "stakeholder-y" capitalism towards shareholder value maximization as a motif, but that begs the question: why were we more unified and stakeholder oriented back then, but not so much anymore, if the rationale behind shareholder value maximization was as true then as it is now?
- AstralStorm 2y ago"But China" doesn't say as much against non-capitalist systems as you think it does. It still runs capitalism, just more state controlled. It's the mirror side of the corporate-controlled government of the US. Shareholder value maximization is not what changed, but zero regulation happened, and securitization so that nobody knows where to really go with pitchfork and torches. Probably somewhere overseas to seize random tax haven assets.