I don't like saying "the problem is capitalism" even though I think I often agree with what I assume people mean when they say this.
Capitalism is this huge concept and to some people it means shopping and lemonade stands, to others it means human slavery and the indentured servitude of debt.
The problem is the imbalance of power, monopolies of control and the systems that enable control. Extreme wealth and the recognition of the legitimacy of that wealth can function in this way.
https://sauropods.win/@futurebird/113532242382816496
@futurebird I hear people say "capitalism is as old as humans". They mean trade. Trade is not capitalism.
2024-11-24 david_chisnall ┃ 1👤
@futurebird I was going to write something similar, but I think you’ve captured it. I feel like blaming ‘capitalism’ is as lazy as blaming immigration. I suspect the period of greatest increase […]
@futurebird
Once you've accepted to measure the "worth" of everything in $, the only remaining question is whether selling it is legal or not. Lemonade is, still; enslaved aren't, at the […]
@futurebird
It’s unfettered, unregulated capitalism. It’s monopolies & duopolies & huge businesses where shareholder profit is the main aim, not simply providing living wages, products & […]
the solution to capitalism begins by finding a stable, objective definition: capitalism is an ideology based on the principle that the best use of capital is the generation of capital.
ggeznore
@futurebird
Partial disagree: just because "Capitalism" in common usage is vague doesn't mean Capitalism itself is a vague concept. "Capital" is right there in the name.
Capitalism is […]
@futurebird I think capitalism is more of a symptom, not the root problem.
@futurebird I feel people often misdefine capitalism (unintentially, or perhaps intentionally when defending it). The problem is the means of production being owned by the "capitalists" and not […]
@futurebird The problem is that it's on governments to maintain balance and fairness, and they're too easily coopted by $$.
@futurebird
It's problematic to have a system [USA] based on property rights, after stealing a couple of continents [25% of the planet] using "God told me" as a justification […]
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