785
you are viewing a single comment's thread
view the rest of the comments
[-] UltraGiGaGigantic@lemmy.ml 2 points 2 weeks ago* (last edited 2 weeks ago)

Capitalism with guardrails and protections just hasn't advanced to late stage yet. It is a temporary state.

See the repeal of glass steagall act in 1999. Yes in 1933 when the act was originally passed, guardrails were implemented. Guess what, they got removed.

Reforming capitalism is a temporary measure. Externalizing the consequences of capitalism to future generations.

[-] bassomitron@lemmy.world 3 points 2 weeks ago

That primarily happens due to voters going against their own interests. If society actively undermines their own protections eventually, then no economic and/or governing system will solve that problem.

[-] WhatYouNeed@lemmy.world 2 points 2 weeks ago

Especially when control of mass media is consolidated into only a few people.

this post was submitted on 02 Dec 2024
785 points (100.0% liked)

Memes

45873 readers
903 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS