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Capitalism is failing us right now. Why are you looking in the past?

stronglikedan 2mo ago
I would look to the past, but only as far back as free market capitalism, to replace the crony capitalism that we have right now in the US. Both have their issues, but nothing compared to communism. There's still time to correct course without that nonsense being involved.
- palmotea 2mo ago
  > I would look to the past, but only as far back as free market capitalism, to replace the crony capitalism that we have right now in the US. Free market capitalism won't save us from a future were automation reaches a point that it creates a large, unemployable underclass. And that's the future the tech and business elite have been promising us (at least until they belatedly realized that was the quiet part they shouldn't be saying out loud). I'm going to take their word on those promises, when considering regulation to constrain them. > Both have their issues, but nothing compared to communism. There's still time to correct course without that nonsense being involved. I would like a communism that is basically capitalism, but with the capital more-or-less evenly distributed among the workers. Keep a lot of the economic system, but replace it with other things: mutuals, worker-owned businesses, maybe 50-50 JVs between labor and investors, some "all of the above" combination, etc.
  - miyoji 2mo ago
    [dead]
- well_ackshually 2mo ago
  Ah yes, the most capitalistic country on the planet, where billionaires quite literally buy out public officials isn't capitalistic enough, and isn't "real capitalism". Watch out, you're almost sounding like the "not real communism" boys. >Both have their issues, but nothing compared to communism. Some would say leaving a few million people die of thirst and hunger every year because it's "not profitable to fix it", or having a population of dozens of millions in your own country suffering of mental health problems, inability to get basic healthcare or even living conditions for the past 50 years might be a sign that your favorite system is fundamentally immoral, but hey.
xhkkffbf 2mo ago
You should move to Venezuela or Cuba. Then see how it's "failing".
- well_ackshually 2mo ago
  Countries under embargoes are failing?! Countries that cannot get oil, electricity, goods because the most imperialistic country on earth cannot see them succeed are failing ? Well golly gee how could that be cuba has a longer life expectancy than the US despite all of that btw

I would look to the past, but only as far back as free market capitalism, to replace the crony capitalism that we have right now in the US. Both have their issues, but nothing compared to communism. There's still time to correct course without that nonsense being involved.

palmotea 2mo ago
> I would look to the past, but only as far back as free market capitalism, to replace the crony capitalism that we have right now in the US. Free market capitalism won't save us from a future were automation reaches a point that it creates a large, unemployable underclass. And that's the future the tech and business elite have been promising us (at least until they belatedly realized that was the quiet part they shouldn't be saying out loud). I'm going to take their word on those promises, when considering regulation to constrain them. > Both have their issues, but nothing compared to communism. There's still time to correct course without that nonsense being involved. I would like a communism that is basically capitalism, but with the capital more-or-less evenly distributed among the workers. Keep a lot of the economic system, but replace it with other things: mutuals, worker-owned businesses, maybe 50-50 JVs between labor and investors, some "all of the above" combination, etc.
- miyoji 2mo ago
  [dead]
well_ackshually 2mo ago
Ah yes, the most capitalistic country on the planet, where billionaires quite literally buy out public officials isn't capitalistic enough, and isn't "real capitalism". Watch out, you're almost sounding like the "not real communism" boys. >Both have their issues, but nothing compared to communism. Some would say leaving a few million people die of thirst and hunger every year because it's "not profitable to fix it", or having a population of dozens of millions in your own country suffering of mental health problems, inability to get basic healthcare or even living conditions for the past 50 years might be a sign that your favorite system is fundamentally immoral, but hey.

xhkkffbf 2mo ago

You should move to Venezuela or Cuba. Then see how it's "failing".

well_ackshually 2mo ago
Countries under embargoes are failing?! Countries that cannot get oil, electricity, goods because the most imperialistic country on earth cannot see them succeed are failing ? Well golly gee how could that be cuba has a longer life expectancy than the US despite all of that btw