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submitted 5 months ago by compostgoblin@slrpnk.net to c/memes@lemmy.ml
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[-] LovableSidekick@lemmy.world 19 points 5 months ago* (last edited 5 months ago)

You can be fine with the innovation and entrepreneurial spirit of capitalism and still favor a wealth cap and abolishing laws like Citizens United that give money undue influence on politics. Extreme wealth concentration actually hurts capitalism by starving the spending economy of money. It's a defect in the system that eventually spoils the system.

[-] abfarid@startrek.website 2 points 5 months ago

Lots of people on Lemmy forget that the choice between Capitalism and Socialism isn't binary. Country picks individual policies that are capitalist or socialist in nature. All of the modern countries are a combination of both. Even USA has certain socialist policies. Most of Europe is roughly equally capitalist and socialist.
It's just making a character build and picking perks. Capitalist policies aren't bad (for the general public) by default. Depending on how and which ones are implemented, they can be beneficial to everybody.

[-] Edie@lemmy.ml 24 points 5 months ago

Socialism is when the government does stuff, and when it does a whole bunch of stuff, its communism.

[-] LovableSidekick@lemmy.world 7 points 5 months ago

Hopefully that's tongue in cheek, but it's pretty much how a large (voting) segment of the population sees it. Freedom Good, Government Bad.

[-] PolandIsAStateOfMind@lemmy.ml 5 points 5 months ago* (last edited 5 months ago)

It's famous quote from professor Wolff who said it incredibly ironically, just watch the clip. But yeah, tons of people actually do believe this.

[-] stetech@lemmy.world 3 points 5 months ago* (last edited 5 months ago)

It’s a quote from (left) professor Richard Wolff. Link

Edit: had gotten the first name wrong

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this post was submitted on 06 Jan 2025
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