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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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“Free market” Capitalism is self-destructive. As the wealthy build and consolidate power, more and more resources get funneled to the top while the people at the bottom actually creating those resources go with less and less, and it’s unsustainable.
Being a billionaire is a moral failing. To have the ability to do something about all the suffering and death in the world, and to choose to do nothing borders on sociopathy. The systems designed to allow for billionaires to exist ensure that they don’t pay a fair share of their taxes, and they contribute nothing to society. They are leeches, feeding off the working class and giving nothing in return, when they have so much more to give than anyone else.
I agree with your point of view, and I think the solution is more governmental regulation. Billionaires and companies keep leeching for infinite growth, and I believe our system can work (and has proven it can work), if we allow a free market within reason.
Since the current system allows the people who make the rules to be bought, I think we'd have to start over entirely from scratch for it to work at all.
I think realistically the only way to fix that flaw would be starting over. Unrealistically, a constitutional amendment could solve a lot of those issues.