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this post was submitted on 21 Sep 2023
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Daily reminder that unregulated capitalism hurts all of us.
Daily reminder that capitalism hurts all of us.
Capitalism isn't about free markets, it's about private property and profit extraction.
Agreed!
Nice to -for once- see someone else who recognizes that capitalism in itself isn't a problem as long as it is very well regulated and doesn't immediately go "Communism is the answer!"
I'm sorry but your definition of capitalism is incorrect.
Yeah, it's something that capitalism as currently is (mostly in the US) allows, but that isn't the basis of what capitalism is.
I fully agree with you that capitalism needs very strick limits to not be abusive, but it's still a hundred times better than communism, something that too many people here propose as the ~~final~~ great solution
Capitalism in itself is very much the problem. There is no positive aspect to the extraction of surplus value ("profit"), hoarding the vast majority of it into the hands of the wealthiest "private" property owners.
Free markets don't have to be capitalist.
Laziness or not giving a damn is a choice