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FTC's rule banning fake online reviews goes into effect
(abcnews.go.com)
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this post was submitted on 22 Oct 2024
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Oh look, Lina Khan bringing the heat again. My god, she's like a bureaucratic superhero. Lemmy loves bagging on capitalism, but capitalism ain't the problem. The problem is our spineless, bought and paid for government. Action like this can turn us around, wrest power away from the monopolists.
Losing her to a Trump administration is yet another horror we may face.
People who vote for Trump like to blame democrats and woke people, but what they really and truly hate is capitalism. They just can't see that what makes them unhappy is the natural effect of a fully capitalistic society.
Well, I suppose you have a genius economic system where the haves don't take advantage of the have nots. Tell us all about it!
(FFS, do they not teach history in schools any more?!)
There are other alternatives to capitalism besides Authoritarian Marxist-Leninist states. An example would be Georgist economic democracy. Some policies in such an economy:
All firms would be legally mandated to protect the inalienable right to worker democracy by structuring as democratic worker coops. There would thus be no haves appropriating 100% of the fruits of the have nots' labor
100% land tax and carbon tax
PCO for all capital
Guaranteed minimum income
@technology
Communism envisions a society where there are no haves and have nots (classless) and socialism is put forward as the economic system that will get us there eventually. There are criticisms to be made about the method but the vision is good.
Capitalism does what you're doing here, snarkily talk down to anyone who dares suggest such a society might be possible and is worth working towards, and puts forward instead that there must be haves taking advantage of have nots for society to function and that no other way is possible.
Capitalism is why our govt is bought and paid for. They are inextricable.
Corruption will exist in every government, regardless of economic system. Power corrupts, absolute power corrupts absolutely.
Try not to fixate on the corruption- that's essentially a smokescreen; the whole point is that the system itself is designed to concentrate wealth.
Since we're bandying about well-trodden quotes, how about this one:
"A bad system will beat a good person every time." -E. Deming
Well what's an ethical alternative? Central planning?
capitalism may not be "the problem" but it is a problem.