Evident
Evident
Evident
Fascism is the natural conclusion of capitalism.
When the populace no longer aligns with the capital owners, they will remove the populace's agency from obstructing them
The fact that so many Russian oligarchs have fallen out of windows really goes to show billionaires are degenerate gamblers when thinking the dictatorship will work for them
I think that's the argument against capitalism though because if you have a system from which all power is financial eventually those with the power will erode the safeguards that prevent them from absorbing a disproportionate amount of the wealth. You're literally handing a loaded gun to those most dangerous with it.
Ultimately any economical and Political system will struggle with this. Capitalism can work if you have a taxation and redistribution of the wealth. Otherwise all wealth eventually congregates like mass in a black hole. Simultaneously you can have a system that might have fairer basic ideals but ends up just as corrupt. See the various attempts at communism.
The tricky part is the vigilance. Imagine a Musk raising his arm for a hearty 'sieg heil' in 1945-80. Now he got away with it. Generations forget. Safeguards get erroded away over time as the greedy goblins hammer away at them like woodpeckers.
The loaded gun is always there. The dangerous men always try to get to it. We gotta guard it 24/7. Not an easy task.
Capitalism that you mention that could work was the capitalism we had until the 70s and it’s what lead us to the late stage capitalism we have today
Even if you reset you will end up at this stage because accumulation of wealth and thus power will always occur and then the capitalist class has both the means and incentive to change the rules of the system and then they get more wealth and power etc etc
You can’t guard it unless you have power and under capitalism you don’t.
You gave the loaded gun to the capitalist class and then try to force them to do the “right” thing and not use the gun for bad stuff, except they have the gun… they’re not going to listen to you
Communism could also work if.... human nature wasn't as it is People are simply too asshole-y for capitalism to work as intended.
Capitalism is a funnel. Money goes from those without capital to those with capital. Simple as.
It has always been like this. For a lot of people this is a feature and not a bug.
It's also the most productive economic system ever tried.
Everyone talks about regulation, or semi-socialism, or various other bandaids to make it work. But if you don't remove the funnel action, it'll eventually get to this state.
More likely, capitalism needs periods of major collapse and rebuild as major wealth redistribution events. French-style.
It's also the most productive economic system ever tried.
I think whether this is true highly depends on the definition of productivity and circumstances.
What definition of productivity are we applying here? Capitalism sure is great at inflating useless statistics. It also seems to be decent for actually valuable products and services. However, depending on what you take into account, it's not so clear that it's the superior system.
Furthermore, there have been several cases of socialist governments improving the quality of life at a rate never seen in capitalist countries. Almost completely eradicating illiteracy in less than a year (Cuba). Or vaccinating half the population in a few months (Burkina Faso). Of course, those governments are rare and don't last long thanks to the CIA.
Personally I'd say the most immediate solution - or more accurately, improvement - is to mix our current capitalist dystopia with as much socialist policies as possible. Many countries in the EU are doing thay and it seems to be working pretty well. Let's just copy and build on that, then worry about the next steps.
French-style.
So transferring property and land from private and semi-state actors to rich speculators for pennies on the dollar? The French Revolution wasn't very notable on the wealth redistribution front; if anything it made the rich even richer.
this post isn't very evident without timestamps
The sad thing is it doesn't matter.
Early Nov 2018/2024 FYI
I'd say it makes it more evident because it's something that has ALWAYS been true.
if there was just two hours between the posts, it would still be true.
Good thing there's no billionaire class then. You suddenly don't turn evil or exploitative after going from $999.999.999 to 1 billion
At a certain economic point, there seems to be a morality filter. Plenty of evil exploitative people never become billionaires. It just seems that decent, moral people never become billionaires.
No, being evil or exploitative increases the likelihood that you'll reach that level of wealth.
Makes sense it's a parasite class using a parasite system.