4 ms·

"Please don't call it capitalism." What if they're the same thing?

by Zarkonnen 13y ago

tpetrina 13y ago
Just my line of thought. If capitalism, regulated or not, leads to neo-feudalism, maybe that society is actually the target for which capitalism is just a catalyst.
rdtsc 13y ago
I think in this case the OP is rather in love with the idea of capitalism and thinks it is a pure and perfect goal to strive for except for the nasty little practical implementations that keep getting in the way. So given what we have now doesn't work we have to rename because otherwise we would be tarnishing capitalism's great reputation.
- LekkoscPiwa 13y ago
  No! That what you describe is that what I would fight against the most. Because it gives a bad name to capitalism. My philosophy is rather that capitalism without democracy is as great utopia as communism is. I think that the problem is that the political elites in many Western countries, especially in the USA, watch China and falsely conclude that capitalism is much more effective in conjunction with authoritarian type of government. Like in China. Or Singapore. Or many other South-East Asian emerging economies. The strength of capitalism derives from democracy and freedom. Because capitalism thrives on innovation and "dangerous" ideas. Slaves or scared people aren't innovative. Yep, you can produce stuff in China, but the innovation part needs to happen in place where people haven't been afraid to think freely and express themselves. I hope that I made myself more clear. If people vote for social-democracy, let it be. Also, I'll give you a few example of why I don't think that the current system is capitalistic. First of all, the zombie banks in capitalism would be allowed to fail. Go bankrupt. The moment we decided to take from the regular folk via taxes to support zombie banks is the very moment in which I'd say we're not capitalists any more.

4 ms·

"Please don't call it capitalism." What if they're the same thing?

by Zarkonnen 13y ago

"Please don't call it capitalism." What if they're the same thing?

tpetrina 13y ago
Just my line of thought. If capitalism, regulated or not, leads to neo-feudalism, maybe that society is actually the target for which capitalism is just a catalyst.
rdtsc 13y ago
I think in this case the OP is rather in love with the idea of capitalism and thinks it is a pure and perfect goal to strive for except for the nasty little practical implementations that keep getting in the way. So given what we have now doesn't work we have to rename because otherwise we would be tarnishing capitalism's great reputation.
- LekkoscPiwa 13y ago
  No! That what you describe is that what I would fight against the most. Because it gives a bad name to capitalism. My philosophy is rather that capitalism without democracy is as great utopia as communism is. I think that the problem is that the political elites in many Western countries, especially in the USA, watch China and falsely conclude that capitalism is much more effective in conjunction with authoritarian type of government. Like in China. Or Singapore. Or many other South-East Asian emerging economies. The strength of capitalism derives from democracy and freedom. Because capitalism thrives on innovation and "dangerous" ideas. Slaves or scared people aren't innovative. Yep, you can produce stuff in China, but the innovation part needs to happen in place where people haven't been afraid to think freely and express themselves. I hope that I made myself more clear. If people vote for social-democracy, let it be. Also, I'll give you a few example of why I don't think that the current system is capitalistic. First of all, the zombie banks in capitalism would be allowed to fail. Go bankrupt. The moment we decided to take from the regular folk via taxes to support zombie banks is the very moment in which I'd say we're not capitalists any more.