this post was submitted on 07 Nov 2023
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What is your proposed alternative? I struggle to think of any system that doesn’t inevitably result in concentrations of power
Social Democracy. Commerce is key to strong economies, not capitalistic wealth hoarding.
Is there a country that you'd consider a good example of this?
Social democracy, as in the Nordic models, are capitalist through and through
as a solution to capitalism i propose capitalism (but you get 20 euro of ubi once per financial quarter)
Concentrations of power is made from the greed of people. Honestly, I beliefe that any sufficiently large society will eventually fall into capitalism, and the other way around, capitalism encourages border-less states, making effectively bigger communities.
However, with the current economic trend of de-globalization, things may eventually change.
Trend of de-globalization? If anything things are more global then ever…
I'd agree, but I think public sentiment for globalization is souring. Right wing populists have been gaining in elections the last 10 years because of this, running largely anti-immigration and economically protectionist. I think they're predicting a future reduction in globalization based on this.
https://www.weforum.org/agenda/2023/01/deglobalisation-what-you-need-to-know-wef23/
so what is needed is a system that doesn't allow the concentration of power into one entity that is using this power for personal benefit.