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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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[-] JuliusSeizure@lemmy.sdf.org 1 points 1 year ago

Capitalism isn't the problem. The problem are too big to fail SROs. End central banking and aggressively pursue antitrust to break up mega conglomerates like Citadel, Blackrock, Vanguard, Meta, Google, Microsoft, etc, so we can actually have a sane and open society rather than this corporate/media/government bloc that is currently running the world to ruin.

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[-] uglytruck@kbin.social 1 points 1 year ago

I have always believed that the majority of the world's problems stem from almost all of the world's countries rely on a private bank to print and regulate their money. Those banks aren't capitalistic, but I bet the people behind them are the richest in the world.

[-] clay830ee@lemm.ee 1 points 1 year ago* (last edited 1 year ago)

I'm a bit libertarian leaning myself, but I do believe capitalism requires moral constraints on external, societal costs that are not included in market forces (e.g. environmental pollution).

In short, capitalism's greatest benefit it is also it's greatest issue: it delivers most efficiently exactly what people want, but without any evaluation whether those wants are beneficial.

[-] monobot@lemmy.ml 1 points 1 year ago

People have different definitions of capitalism, and cound different side effects into that definition.

While you are correct in your claims, it does look like you are not seeing negative effects it has on society and economy.

Similar thing happens with the other side, they usually put criminal activities (like corporations poisoning people) into definition of capitalism or they directly blame it for that kind effect on humans.

I think that is just not really accepting the nature of humans.

Shit will happen in every *isam and each one will be good for something.

That doesn't mean we shouldn't challenge everything that we see as bad, and there is no need to make those classifications.

It is like politics, looks like you can not be for lower taxes and support same sex marriage at the same time, even thou there are people with those options.

[-] webb@lemmy.sdf.org 1 points 1 year ago

The Fediverse is dominated by hackers, who by their nature are incompatible with existing systems such as capitalism.

[-] ArtVandelay@lemmy.world 0 points 1 year ago

Getting fucked by capitalism will do that.

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

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