Comment by PaulDavisThe1st
3 hours ago
I'll repeat my definitions/understandings of capitalism as generally understood within the USA today:
1. strong entrepeneurial culture, limited obstacles from government when starting new business ventures and/or products & services
2. a "free" market, meaning that in broad terms government does not control prices nor what can be bought & sold or how much or when it is sold
3. distribution of profit generally goes to capital (stockholders) rather than employees.
None of these require enshittification. I also believe that we could have a thriving and vibrant economy without #3.
Political and economic orders or systems matter, of course, but ultimately, even good ones fail, because ultimately all political/social/economic orders depend on the quality of their participants. No system can neutralize the effects of human vice and stupidity as such, because every system is the product of the actions of those very same people.