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Unfathomably based (lemmy.world)
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[-] FartMaster69@lemmy.dbzer0.com 153 points 1 month ago

Capitalism grantees they rise to power.

[-] glitchdx@lemmy.world 40 points 1 month ago

systematic removal of regulations and consequences has enabled greedy corporate dickbacks to sieze power.

systems are made of people. To make a better system, you need better people.

[-] AES_Enjoyer@reddthat.com 62 points 1 month ago* (last edited 1 month ago)

You're wrong. Capitalism is, by definition, a "winner takes it all" system. The logical endpoint of competition between private entities is the consolidation of one of those entities, and once economy of scale plays a role, reversing that is almost impossible. And once a private entity has significantly more economic power than the others, it can manipulate regulations and consequences. Capitalism explicitly rewards by design being greedy

[-] joostjakob@lemmy.world 3 points 1 month ago

You're talking about unregulated capitalism...

[-] AES_Enjoyer@reddthat.com 14 points 1 month ago

Give me a historical example of properly functioning, regulated capitalism

[-] frunch@lemmy.world 3 points 1 month ago

You can't, because they're all operated and used by humans. While there may be a logical framework and rules to make a system like capitalism work, it's the fact that not all humans will respect or follow the rules. Eventually any fairness or equality the rules are supposed to ensure will be worked around by humans that choose not to play fair. Watching the response Mamdami received from the Dems is a perfect example of why our system is broken. He's got the popular vote of the party, yet they are doing everything in their power to stop him. That's merely a single recent example though, shit has been broken since the get-go

¯\_(ツ)_/¯

[-] explodicle@sh.itjust.works 4 points 1 month ago

Well, the other animals have stable systems of rules that have worked fine for millenia. We just gotta find a new social order that scales better than tribes.

[-] Cethin@lemmy.zip 13 points 1 month ago

Yes, and that's capitalism. The regulations are antithetical to capitalism, but they're also the only thing keeping us slightly safe from it. Yes, making capitalism less capitalist makes it a lot better. We can have a better system that's just better, with the people that exist.

[-] TheEighthDoctor@lemmy.zip 4 points 1 month ago

I think a lot of people misunderstand capitalism in the same way other people misunderstand communism.

What you said is absolutely wrong, regulations are not antiethical in capitalism, they are necessary for the free market to remain free.

The system we see today is a corruption of capitalism the same way Stalinism is a corruption of Communism

[-] explodicle@sh.itjust.works 10 points 1 month ago

A regulated market is by definition not a free market.

[-] TheEighthDoctor@lemmy.zip 1 points 1 month ago* (last edited 1 month ago)

Wrong, a market can only be free if it's regulated, example: I have a competing factory up river from you and we both need clean water to operate, I output toxic chemicals into the water as a result of my operations making your business impossible.

You have to close your business and I get to set the price however I want without competition, in this example the lack of regulations create a less free market.

[-] explodicle@sh.itjust.works 1 points 1 month ago
[-] TheEighthDoctor@lemmy.zip 1 points 1 month ago* (last edited 1 month ago)

From the link you posted

In practice, governments usually intervene to reduce externalities such as greenhouse gas emissions;

An absence of any of the conditions of perfect competition is considered a market failure. Regulatory intervention may provide a substitute force to counter a market failure, which leads some economists to believe that some forms of market regulation may be better than an unregulated market at providing a free market.

[-] anomnom@sh.itjust.works 3 points 1 month ago

The Supreme Court specifically, they gave US citizens united, and then unlimited executive power. Now we’re fucked being most hope.

[-] Kanda@reddthat.com 1 points 1 month ago

The purpose of a system is what it does.

[-] the_wise_wolf@feddit.org 21 points 1 month ago

They always do, regardless of the economic system.

[-] sudo@programming.dev 23 points 1 month ago

I would not describe any communist or socialist leader as a Christian Fascist Oligarch.

[-] solsangraal@lemmy.zip 8 points 1 month ago* (last edited 1 month ago)

it sure does with small government.

remember there are countries that enjoy capitalism without the 5 ring circus shitshow we have going on in the states

[-] Nomecks@lemmy.ca 32 points 1 month ago

So far, but corruption is always the end result.

[-] solsangraal@lemmy.zip 29 points 1 month ago

corruption is always the end result.

i'm not trying to simp for capitalism, but corruption can and does happen under any system

[-] Prunebutt@slrpnk.net 16 points 1 month ago

Give Europe a bit more time. They'll get there.

[-] NoneOfUrBusiness@fedia.io 8 points 1 month ago

Those countries are headed towards that circus at varying paces, so that argument doesn't work anymore. I mean Germany? France? Sweden? Britain? Italy?

[-] RmDebArc_5@sh.itjust.works 3 points 1 month ago

The problem with capitalism in a representative democracy is that is almost impossible to maintain a perfectly sized government. If the government asks for too many taxes (on an extreme level) etc the market doesn’t function anymore. The “free market” needs some level of class difference to make profit attractive and keep people committed to their jobs. Because of these differences class conflict is created and through privately owned newspapers, corruption and short term economic gains regulation’s get liberalized. This results in wealth accumulation, the rich get richer and the poor get poorer. This then leads to the social and economic conditions that allow for the rise of the populist right.

As a European I can currently see this happening in all countries to which I pay attention (namely Germany, Netherlands and Britain).

[-] solsangraal@lemmy.zip 1 points 1 month ago

almost impossible to maintain a perfectly sized government

yep. while that's true, i can't think of a valid argument against some regulating body that protects all the people, which, in america, has been somehow defined as communism by the corrupt upper crust

if there is hope, it lies in the proles

this post was submitted on 28 Jun 2025
1408 points (100.0% liked)

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