651
Why are folks so anti-capitalist?
(programming.dev)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 20 Jul 2023
651 points (100.0% liked)
Asklemmy
43934 readers
418 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
The income gap between executive and median salary employees is around 32,000%. I guess the question is, what planet do you live on where a system that allows for this kind of inequity is okay?
There are countries with way better CEO to work pay ratios. But in the USA we act like it's totally normal to have these huge wealth gaps, when in reality they are recent phenonemon and the only other era they were repeated was the gilded age which resulted in a decades long depression that was only ended by a world war.
A CEO earns 354x the income of a normal worker in the US. It's really insane what happens over there. I'm really glad a CEO in Germany only earns 154x the income of a normal worker, much more fair over here!
I'm kidding, we are all fucked. US citizen say a ratio 6.7 would be justified, Germans say 6.3.
So you're telling me i need to store a lot of canned beans in a nearby cave system?
This any many other issues with capitalism could be solved with better legislation and regulations.
The problem is getting and keeping people in power who actually want to reign in capitalism.
But then that's not capitalism. Capitalism is making as much money as possible unrestricted as much as possible. If you start doing things like putting a maximum wage in, or taxing the highest earners and giving back to the lowest, that's socialism.
But now in almost every country, the capitalists are the ones making regulations. They're not going to do it to themselves.
Which is controlled by those with capital.
Why should I give a fuck about inequity?