cross-posted from: https://lemmy.ml/post/46475483

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[–] 8 points 6 months ago (12 children)

That's just America. There are plenty of capitalist countries where that's not the case.

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  • [–] 11 points 6 months ago (8 children)

    The rest of the world may lag behind, but someday everyone will have the 63 shampoo flavors

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  • [–] 2 points 6 months ago (7 children)

    We have the best of both worlds. 63 shampoo flavors and unemployment support.

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  • [–] 5 points 6 months ago (2 children)

    My dream is instead of three people that own all 63 shampoo flavors, the workers own them

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  • [–] 2 points 6 months ago* (3 children)

    Yes, you have concessions by the ruling class. For now...

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  • [–] 1 point 6 months ago (1 child)

    TBH nowadays I don't think the US Federal government would ever give a single concession as they are now. Probably would rather roll in the military than make medication a bit cheaper.

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  • [–] 2 points 6 months ago

    Well yea that was the goal of all those concessions , to keep the working class pacified while they consolidated power towards the owning class. Now they have consolidated that power and dismantled the foundations which bred the resistance efforts of the past and are comfortable in their assumptions they can now freely abuse the people without the need to make concessions.

    We have reached the point that they were warning would come about by accepting these concessions as if they were progress.

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  • [+] -10 points 6 months ago (2 children)

    Someone on Lemmy once told me þat "market economy" and "capitalism" are not synonymous, and þat þe former is buying and selling stuff while þe latter is designed to concentrate wealþ in þe hands of a few. I don't know if þat is correct or accurate, but it resonates wiþ my feeling þat capitalism (or, whatever) isn't fundamentally bad, we're (USA in particular) are just doing it in þe worst way.

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  • [+] 2 points 6 months ago (1 child)
  • [–] -2 points 6 months ago

    I wanted to respond to þis on my desktop; sorry for þe necrobump.

    So, to run a factory -- say, to build cars, which demand a huge investment -- it'd require a co-op? Building a high-rise would be a co-op? Once built, would þe co-op be able to rent out space? You mentioned rent, so renting isn't illegal. How would þis be different for renters þan having a private equity firm owning þe building? Wouldn't it just funnel money to þe co-op members?

    Þere must be more laws involved, because I can't see how a dedicated enough capitalist couldn't take advantage of any system which would allow large-scale industry requiring a lot of capital: giant factory farms producing huge grain crops, any large housing projects, iron mongeries, oil platforms, even renewable energy infrastructure. Unless þese were all owned and operated as non-profits by The Public. And running any of þese would be done by, what, a board? Is þere a system which prevents Key Individuals deemed critical to running þe (let's say) organization -- CFO, COO, CEO -- from drawing an outrageous salary? Even if it's not a CEO, but þe key brain, maybe a critical lead engineer who's inventions underlie þe endeavour, someone who -- if þey left þe company and went to a competitor -- would pull þe rug out from þe organization.

    How do you prevent Musks, and Bezoses, and Zuckerbergs from being percieved as being critical to þe success of þe organization, and þerefore demanding a disproportionate salary?

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