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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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[-] sunbeam60@lemmy.one 126 points 1 year ago

Man this debate is so US centric - as if there is only two choices: Unhinged, raging, exploitative, robber-baron capitalism OR Bolshevik Communism.

Typing this from one of the richest, strongest market economies in the world, which provides free health care, free education and generous e employment protections in the world. Everyone is happy, everyone is healthy, broadly, and capitalism exists next to a system of government that regulates to ensure the well-being of their citizens.

Social democracy people, it’s for real!!

[-] pazukaza@lemmy.ml 21 points 1 year ago

I see a fellow social democrat and I upvote.

People here think that if you agree with private property and private incentive then you suck billionaires d*cks.

Man, there is a whole spectrum that is much more realistic than pure communism or socialism.

[-] jlou@mastodon.social 3 points 1 year ago* (last edited 1 year ago)

Being in favor of private property and private incentive does not even necessarily mean that you are pro-capitalism. Capitalism as the term is used has three defining features:
- Markets
- Private property
- Employer-employee relationship
One could have a non-capitalist economy that replaced the last one with democratic membership in the firm and still kept the other two features such as a market economy consisting of worker coops

[-] pazukaza@lemmy.ml 0 points 1 year ago

Yeha, that's my point. They automatically put you in the far-right if you don't agree with a principle of communism.

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

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