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Netflix Resumes Advertising on X After Elon Musk Controversy
(www.thewrap.com)
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this post was submitted on 17 Dec 2023
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I did not take business classes so limited background but if we assume that the US isn’t going to magically transition away from capitalism, we instead have to find a way to legislate a transition to a more ethical capitalism. That phrase seems to be an oxymoron but for things to not keep getting progressively worse I’m thinking we as a society need to figure out a way to make it happen. Any ideas? You seem to have at least taken a course in the matter.
What if we transition away from capitalism non-magically?
I mean that’s probably the preferred path but I can’t see how that realistically happens. There are too many individuals globally with too much to lose that will think their loss of capital is worth bringing down the whole human race. I’m sure they would rather see the world in ashes rather than succeed under an alternate system where they may not be on top.
It’s not even about being on top or being worried about losing status - I’d be fine with giving up what little I have to see a better world. The problem is that a pivot away from capitalism isn’t going to happen without violent revolution, because it would absolutely be met with violent resistance.
I wouldn’t support something that would be guaranteed to thrust my children and grandchildren into a world of chaos, uncertainty, and tragedy that would unavoidably arise during and potentially after a revolution of that scale. And someone has to be holding the levers of power in the end, and how do we guarantee that we don’t just end up shuffling the deck around but playing the exact same game?
It’s easy to be idealistic and say “this isn’t working” but it’s a whole lot harder to convince enough people to dismantle it and deal with the consequences rather than attempt to effect incremental change over a long term.
I think there's a credible case to be made that moving toward socialism has benefits even for the wealthy, and that the change doesn't have to be presented as the end of capitalism.