this post was submitted on 08 Sep 2023
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[–] [email protected] 37 points 1 year ago (4 children)

Wealth and capitalism is anti-democratic. And this is a prime example.

[–] [email protected] 14 points 1 year ago (1 children)

Not directly and not necessarily.

Being a little rich isn't a problem. Being very to insanely to disturbingly rich, that is a big problem and should be removed as a possibility by governments. Tax the shit out of people until their riches reach acceptable levels

Capitalism is only anti democratic if left unchecked. It needs to be much MUCH more limited than it currently is. But you don't want to remove it, capitalism is -unfortunately- the most successful way of running societies. Again, you want to limit the crap out of it and right now it's just running in stampede mode which indeed will destroy democracies

[–] 31337 9 points 1 year ago (1 children)

Disagree. The more disparity in wealth there is, the more anti-democratic. There are many small towns in the U.S. that are captured by a single large employer (who I guess is a "little rich") through threats to move or lay-off workers, campaigning, "donations," or just straight-up kickbacks to judges and law enforcement.

Capitalism is inherently anti-democratic. It creates an owner class and a worker class, and the owner class has a very large amount of power over the worker class. Something like a worker cooperative is inherently democratic (workers own and control their workplace/means-of-production, democratically).

As for "successful," I suppose that depends on what metrics you use. I'd bet there have been other societies that were on a whole happier than capitalist industrial societies. I think we can do better than capitalism, and I think the survival of the human species depends on it. Capitalism requires unending growth to function, and I don't think that's sustainable on a planet with finite resources and a finite atmosphere that can only take so much greenhouse gasses being dumped in it before it causes a reduction in other resources, such as arable land.

[–] [email protected] 1 points 1 year ago (1 children)

Capitalism is inherently anti-democratic

No its not. At its core, capitalism is about allowing people to directly trade and find the most efficient solutions. This has led to the success of the west.

It creates an owner class and a worker class

Does it? I've been a worker. I've been a company owner (well, technically still am). So?! If you want to own something, you buy it.

As for “successful,” I suppose that depends on what metrics you use.

How about the metric of the largest super power in the world? How about the most advanced power in the world? How about the richest country in the world? Trust me, I'm not trying to woo the USA, it is VERY flawed with a shit tonne of problems, but it is BY FAR the most successful country in the world coming up with "yeah what metric" is bullshit. Ask a poor homeless person in the USA if they would perfer to extrange their lives with somebody in say, Niger, and I think I can be pretty sure they will say "HELLS NO" because as shitty as their lives are, its still a mile better than the alternative. The USA does not have famines.

I’d bet there have been other societies that were on a whole happier than capitalist industrial societies.

Yeah this is just plain naive. This is looking at the problems that our current societies have, and without knowing anything about the alternatives, saying "well the alternatives must be SO MUCH BETTER!" Yes, our capitalist system needs MUCH more checks and balances, we need to tax the shit out of the rich, we need less focus on material things and money and more focus on just being happy, we need universal and free healthcare, we need free education.. So many problems we need to resolve...

But its NOTHING compared to how life was only a hundred years ago where people still got 12 kids because they knew that on average, 4 of them would not even reach adulthood because of diseases, famines, war and whatnot.

Say what you want about the US, and it has done some fucked up shit, but its been a pretty stabilizing force in the world. Without the US, the communist USSR would have overrun Europe and we'd all be enjoying the funs of famines, state terror (read about the chekists!) and just general misery.

There are no other countries that match the successes of capitalism, period...

Now, you want to talk on really how to improve societies?

Try north European countries. Socialist countries that use their capitalist systems to fund their socialist ways. THAT, I believe, is the solution. Control wealth with taxes, but let people free to do what they want. Educate people, have a shared political power system (and not the winner-takes-all shit like everywhere in the Americas) so that you have political stability, use the power from limited and capped capitalism to fund things like free healthcare, free education, a strong army for defense (unfortunately still required).. That will make hte world a better place.

[–] 31337 1 points 1 year ago* (last edited 1 year ago)

No its not. At its core, capitalism is about allowing people to directly trade and find the most efficient solutions.

No, that's the idea of free-markets. You can have free-markets without capitalism, and you can have capitalism without free-markets (such as State Capitalism). Capitalism is about using wealth (capital) to acquire the means-of-production (capital assets), and hiring and paying workers less than the value of their labor to make profit. It is inherently anti-democratic because the workers have little-to-no say on what labor they do within the company, how their labor should be used, who should manage the various parts of the company, etc.

This has led to the success of the west.

The West has been very "successful" before capitalism. I'm more in favor of the hypotheses from Guns, Germs, and Steel (for the most part, geography, climate, and natural resources has determined the fate of the nations). There are many very poor capitalist nations after all. Most the wealth of those nations seems to be funneled into the hands of the owning class in rich nations.

Does it? I’ve been a worker. I’ve been a company owner (well, technically still am). So?! If you want to own something, you buy it.

Yes, it does. When you make money from the labor of others, you are in the owning class. I am also, personally, in the owning class. I suppose there is some gray area with 401ks and stock options, but those amounts of ownership are often very low compared to outside investors, founders, executives, so they have virtually no voting power.

Don't get me wrong. I think Social Democracy, which northern European nations are close to, is preferable to the extremely weak regulatory and welfare state the U.S. has; but Democratic Socialism would further reduce exploitation, IMO.

I'm also no fan of the USSR or China, and do not even consider them to be leftist governments (the State owns much of the means of production, not the workers, which is antithetical to leftism). I consider them to be authoritarian State Capitalist nations.

[–] [email protected] 4 points 1 year ago

The academic model of capitalism has safeguards in place to prevent the shitshow we're living in now. Leave it to us Americans to knock off those safeguards because we're greedy as hell.

[–] [email protected] -2 points 1 year ago

Yes, so is individual freedom.