Comment by amelius
4 days ago
Capitalism is made possible by the people. If it does not serve them well, it should be fixed or abolished.
4 days ago
Capitalism is made possible by the people. If it does not serve them well, it should be fixed or abolished.
You underestimate the resources the subset of society who it actually benefits can, will, and do use to distort views on how wide that benefit actually is.
Like all of the startup founders and all of the folks here working at tech companies and investing in their 401ks, happily cashing out RSUs, and such right?
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I don't know about the IT worker part but I dare you to talk about capitalism to the nurses, school teachers and police officers who cannot have lucrative business models like us HN folks.
Are these the same nurses who are anti-vax and the police officers I'm supposed to want to de-fund, or just the ones you're thinking of?
Are you going to be the one to tell the teacher's or police officer's union they have to divest their pension and buy fiat currency? No more stocks allowed!
Why people here brandish Communism when someone critics Capitalism? It’s like we’re still in the coldwar. Those two views have many sub-categories and there’s others in-between and on the sides. Just a few in the last decades:
- socio-democratic countries are the norm in Europe, namely Norway, Denmark and Sweden.
- Ordoliberalism: Germany, Switzerland
- cooperative economics: Japan, Spain
- market socialism: China, hungaria
- Parecon: brasil, Argentina
- Ubuntu: South Africa
- Anarcho-syndicalism, The third way, Islamic economic…
What a weird comment, so disconnected from reality. Norway is fully capitalist with income inequality similar to the USA. China, despite being nominally run by communists, is actually a fascist dictatorship. And "Ubuntu" isn't a real thing: South Africa is a failed state run by kleptocrats who can't even keep the lights on.
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Because they have been conditioned to do so. The ultra-wealthy have been fighting the war against socialism for over a century, and part of that strategy is to polarize the topic. If you’re not explicitly pro unfettered capitalism, you must be a communist.
Ideologies have associated talking points. If you start spouting 'blood and soil' rhetoric don't be surprised or offended when people start to call you a Nazi.
In this case communism's obsession with talking about Capitalism as a proper noun as distributed process as if it was a monolithic discrete object with clear intentions and something which can be 'abolished' with no idea as to what the particulars would entail.