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this post was submitted on 12 Jun 2025
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I might get a bit of hate for this, but fuck it. Capitalism isn't evil, just flawed enough that the evil can take advantage of it. Socialism makes sure that people have what they need, very good. Capitalism lets people get what they want. I propose smashing those 2 together with rather heavy regulations to prevent exploitation. This has kind of been done, but to a rather light extent. I'm not an economist, I'm just a guy. Don't listen to me. Eh, like 3 people will see this. How's your day going?
If I understand the communist/Marxist take on this, retaining any form of capitalism just allows the reproduction of these circumstances down the line. You stop it in the short term with laws, but if you retain the power of capital then those people just buy elections, buy politicians, etc, and we're back to this scenario again.
I'm not sure I agree with everything involved with communism, but I do agree with their take on this problem. We're going through it right now in the US. We fought, literally shed blood, for the rights we have and the regulations that protect us, and then money comes in and buys a shit government to take it all away.
It's not even really theoretical. Lenin famously established the New Economic Policy (NEP) which basically allowed capitalism for farmers. As a result some farmers became quite wealthy and this gave them economic power over the communist party officials that were ostensibly overseeing them (Stalin during a tour in the mid-'20s often found his officials living in the houses of "kulaks").
Stalin of course solved this problem by exterminating the entire class of wealthy peasants - and a whole lot of other people, too, not to mention almost all of the nation's livestock. I guess the lesson here is that only rampant psychopathy can defeat capitalism, which is kind of depressing.
You might be interested in UBI
In my experience, and if history has anything to say, if either system is half assed, exploitation is waiting on the other side.
Also just a dude, open to be corrected
I would say Sweden is a social-capitalist society
I said this elsewhere too, but the bottom panel depicts something other than capitalism, since capitalism definitionally requires a competitive market.
Companies that are ostensibly in competition but not fighting each other too hard, is just another way of saying they are not in competition. It's not capitalism.
The competition exists, but it's basically just a few megacorporations in each industry. They're not fighting each other too hard.
That's because the US hasn't enforced antitrust law for a few decades. This wasn't supposed to be allowed to happen.
Capitalism is just another word for hoarding. The fact that it allows to have what you need is a side affect that capitalist would rather fix; it's a leak.