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submitted 1 year ago by o_o@programming.dev to c/asklemmy@lemmy.ml

Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[-] jlou@mastodon.social 1 points 1 year ago* (last edited 1 year ago)

How would a planned economy decide between 2 new projects to develop new untested technologies competing for the same resource?
Proposals for a planned economy seem to compromise on workers' control, one of the main motivators of anti-capitalism, and end up just making society take on the role of the capitalist. From a democratic perspective, the party governed in the firm is the people that work in that firm. By democratic principle, only they should have control

this post was submitted on 20 Jul 2023
449 points (75.9% liked)

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