K1nsey6 comments on Time to cut out the cancer of capitalism

Late Stage Capitalism

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[–] K1nsey6@lemmy.world [S] 7 points 8 months ago (7 children)

Capitalism is not all right enough. Capitalism is based on exploitation of the working class and the global South. No amount of benevolence is going to change that. And anyone referencing the Nordic model conveniently leaves out that they are also exploiting the working class and the global South.

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[–] daychilde@lemmy.world 0 points 8 months ago (6 children)

I haven't seen any models that seem to work well that don't have some sort of capitalism as the foundation. I'd love to live in the Star Trek universe where money doesn't even exist, but I don't think it would work well in practice.

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[–] agamemnonymous@sh.itjust.works 1 point 8 months ago (4 children)

Market economy ≠ capitalism. Once you understand the difference, the solution becomes obvious.

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[–] K1nsey6@lemmy.world [S] 0 points 8 months ago (3 children)

The only solution is the elimination of capitalism.

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[–] agamemnonymous@sh.itjust.works 2 points 8 months ago (2 children)

Correct. What is the difference between a market economy and capitalism?

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[–] shane@feddit.nl 3 points 8 months ago (1 child)

Letting supply and demand set prices does not mean you have to then use profits to concentrate capital, right?

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[–] agamemnonymous@sh.itjust.works 1 point 8 months ago

Ding ding ding

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[–] K1nsey6@lemmy.world [S] 0 points 8 months ago

If it didn't seem to work, the US wouldn't be expending billions of dollars every year to ensure that it didn't work. If it was a failure, the US would have to do nothing and it would have collapsed in on itself decades ago.

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