420
Poll: Capitalism is out … and socialism is in (www.politico.com)
submitted 1 year ago by to c/upliftingnews@lemmy.world
104 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 14 points 1 year ago (9 children)

But those rules inevitably fail because under capitalism wealth always consolidates under the psychopaths and sociopaths. Like, there’s no way to have capitalism and not have that happen. It’s part of the fundamental structure of private ownership of capital.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 9 child comments
    •
  • [–] 6 points 1 year ago (6 children)

    Limit the amount of capital that can be individually owned. Wealth cap. Sociopaths are going to sociopath, make it so they can't have more money than a government and there wouldn't be so many problems.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 6 child comments
    •
  • [–] 2 points 1 year ago* (1 child)

    It should just be a continuing, progressive income tax. No breaks, no loopholes, no tax evasion. The left is focusing on a single, arbitrary number and it's a bad idea.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 2 points 1 year ago

    I'd argue it's an idea that's easy enough to convince others to vote for. Anything with "tax" in it, has and will be weaponized. Realistically, a wealth cap may not be the best solution, but its the only one simple enough that propaganda has a hard time twisting. It's an easy sell to those with a 5th grade reading level.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 2 points 1 year ago

    Ok, institute a wealth cap and the people who have hit it will just bide their time until people get complacent, then start exerting power to roll it back. It happens with every reform and regulation that put limits on private ownership of capital. What we really need is to abolish private ownership entirely.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 1 point 1 year ago

    The cap needsto be way, way lower. You don't need to to have more money than a government to buy a politician or buy media. And I think that small steps is all it takes for a class of the society to progressively take more and more power as they work to influence people and remove regulation.

  • permalink
  • fedilink
  • source
  • parent