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Why are folks so anti-capitalist?
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this post was submitted on 20 Jul 2023
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Asklemmy
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This any many other issues with capitalism could be solved with better legislation and regulations.
The problem is getting and keeping people in power who actually want to reign in capitalism.
Which is controlled by those with capital.
But then that's not capitalism. Capitalism is making as much money as possible unrestricted as much as possible. If you start doing things like putting a maximum wage in, or taxing the highest earners and giving back to the lowest, that's socialism.
But now in almost every country, the capitalists are the ones making regulations. They're not going to do it to themselves.