• Eldritch@lemmy.world
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    11 months ago

    Capitalism does not work reasonably well most the time. Unchecked it leads to countless busts and Booms that leave the average person destitute. You really should look into the history of the early 20th century. The only reason we even still have capitalism. Is because of two massive world wars. Slaughtering and grinding up many tens of millions of people. As well as passage of basic Social Security nets. We’ve largely at least abandoned the spirit of. If if not in practice as well.

    Capitalism has been a failure at every level. Constantly. That isn’t a justification or Praise of leninism. There’s a lot of other ideologies on the Socialist side Beyond leninism. And they don’t require large National level government. Look into them sometime.

    • Flumsy@feddit.de
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      11 months ago

      Is there any system that is more fair and/or gives you more freedom? I havent found any.

      On a hypothetically completely free capitalist market, I can sell and buy whatever I wish and the value that I get when selling directly correlates to the value I’m bringing to the buyer. If I generated a lot of value, I have more capital so I can also buy more value using that capital. Sounds fantastic in theory.

      • Eldritch@lemmy.world
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        11 months ago

        Democratic socialism, Social democracy, original libertarianism of the non Rothbard variety, even pragmatic anarchocommunism. As long as they aren’t dogmatic ideologues.

        A completely free market has never, and will never exist. Further markets, and currency existed before capitalism. Capitalism didn’t make them possible. Finally capitalism demands you sell for as much as the market can bare, not what is fair for the value you added. Of which capitalists generally add none. Without labor nothing gets done.

        Under capitalism people that generate most of the value get the least of the capital. It’s just a more abstract way of defining and justifying oligarchy. Other than Divine Birthright.

        Don’t get me wrong. I’m all for rewarding people who come up with new processes and ideas to increase efficiency etc. That’s not really what capitalism does.

        • Flumsy@feddit.de
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          11 months ago

          Would you mind elaborating on the “original libertarianism”? What doed that mean exactly? Could really find much…

      • irmoz@reddthat.com
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        11 months ago

        In an unregulated free market, you could buy milk, drink it and fucking die because it had poison in it.

        • Flumsy@feddit.de
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          11 months ago

          Yeah of course thats why there are regulations in place. Nobldy would trust that milj seller again though, so for cases that are not as bad as a human life being ended, the system would still work…