Submitted by brooklynlad t3_117lfu9 in technology
DanielPhermous t1_j9d8xwn wrote
Reply to comment by IrrelevantPuppy in Amazon Corporate Workers Face Pay Reduction After Shares Slip by brooklynlad
> It’s literally holding us back as a species.
What would you suggest instead? Businesses usually need some investment to get started. Where should that money come from and how?
IrrelevantPuppy t1_j9dbj4g wrote
That’s fair, it’s literally too late. We’ve become addicted to capitalism, you cant imagine anything being done without it, and that’s how most people work. Any other proposition will sound ridiculous to you, because all we have ever known is capitalism. There’s other options, we just can’t imagine how they could be realistic, because this is the world we know. It’s not possible to fix this without a cataclysm. We need aliens, an Ai overlord, or some kind of benevolent dictator superhuman to snap us out of this.
We will never be able to get past the “oh I see how it’s beneficial to all humanity, but how does it profit me in the short term?” barrier without something inconceivable happening to all of humanity. We’re gonna stagnate like this for the foreseeable future, if not forever. If the rich have any sway, they do, and it’s all of it, it will never change.
VelveteenAmbush t1_j9dep2g wrote
> Any other proposition will sound ridiculous to you, because all we have ever known is capitalism.
We've seen some other propositions. The problem is that they all end in immiseration and authoritarianism, and the logic of why they do makes sense, so the proponents of further experiments have their work cut out justifying why their path won't lead to the same place, and they should think about how to run small-scale experiments to prove their ideas before putting whole societies at risk.
9-11GaveMe5G t1_j9dijmb wrote
> >We've seen some other propositions. The problem is that they all end in immiseration and authoritarianism,
Hey I don't know if you noticed, but the last president, who is on the record as a huge fan of authoritarians like Putin and Kim jong Un, literally tried a fascist takeover of our country, which would have installed him as the authoritarian leader. So if "authoritarianism" scares you, simping for capitalism ain't the way to prevent it
Adorable-Effective-2 t1_j9e098h wrote
Pretending the dangers of authoritarianism we’ve seen recently somehow equals the historical INSTANT fall into dictatorships we’ve seen out of any planned economic states ie “communist” ones
VelveteenAmbush t1_j9dk32x wrote
An alternative take is that even with a nutty would-be authoritarian president who literally tried to overturn an election, the system was resilient enough to toss him out of power right on time, with no indications that he came anywhere close to succeeding.
But yes, I agree that Kim Jong-Un is a good example of what you get with alternatives to capitalism.
EnchantedMoth3 t1_j9drga4 wrote
Stakeholder > stockholder. We need market reform. 85% of the markets are owned by 10% of people. When workers perform well, and their company makes profit, the company uses those profits to buy back stocks. Effectively, the value of labor is funneled to the top in our current system. To fix this, we need fiscal policy that focuses on workers, rather than capital. I’ve no issue with people investing in companies, and getting rewarded for the success their capital helps create, but it should more of a risk than it is today. In this iteration of our system, all of the risk has been outsourced to the workers. Wall-Street doesn’t lose, the American tax-payers are always their to bail them out, whether we want to, or are even told about it, or not. So, the people providing the labor, creating the value, and taking all the risk…those people should be able to own homes, afford health care, afford to raise a family, to dream, and work hard to achieve that dream. But that’s not the current reality in our shareholder first markets. Eventually, this devolves into oligarchy, or some form of autocracy, most likely to play out via fascism…especially if you allow outside money into politics, because the working class loses power, they lose economic equality, which all other equality follows, and governments fail, due to caring for only a single group.
You talk about other systems that end in autocracy, and/or misery but capitalism does too. All economic systems trend towards the consolidation of power and wealth. It is the end-stage of all economics. A lot of older civilizations would reset their economies every x years, due to this.
That is the result of the introduction of humans into theory. It’s the result of the types of people who seek money and power. Greed is just another addiction, no different than heroin, and different people are more susceptible to it. It is the the role of your chosen governmental system to hold this trend back. Ultimately however, it falls on the workers, the citizens, to hold those in power responsible. Capitalism has killed just as many people as communism, don’t kid yourself otherwise. Capitalism is to blame for immense global suffering, and I’ll remind you, America has backed nearly every authoritarian dictator globally…hell, we sat most of them on the throne to further capitalism, and enrich a few. War is a racket of the rich. We export a lot of the consequences of our system, from pain and suffering, to pollution. Out of sight, out of mind.
That being said, I do think a form of capitalism is probably the best choice for a society, with some aspects of socialism sprinkled in. The answer ultimately lies in regulations, and making economic equality the top priority. You cannot allow a certain group to amass wealth untold, or else you increase the number of those in society who can be bought, because they have no chance of ever earning the amount they’re offered.
VelveteenAmbush t1_j9fw9d7 wrote
> You talk about other systems that end in autocracy, and/or misery but capitalism does too.
No it doesn't, that's crazy. The United States is the longest continuous democracy in the entire world.
> The answer ultimately lies in regulations, and making economic equality the top priority.
No, the richest and most powerful countries with the highest median quality of life are the ones that prioritize growth, not equality. Prioritizing equality gets you the Soviet Union. Prioritizing growth gets you the United States.
> Greed is just another addiction, no different than heroin
The difference is that greed, when channeled through capitalism, creates value for everyone. Jeff Bezos wasn't an altruist when he founded Amazon, but the result is that everyone in the United States can have just about anything they want delivered to their door in a couple of days for free. Steve Jobs was a greedy, rapacious capitalist, but he gave us the iPhone. Etc.
Rickety_Crickel t1_j9evy8l wrote
There’s plenty of money sitting in corporate vaults overseas. We take that money and set up funds that people in the US can borrow at low to no upfront cost to start businesses. Also we enforce tax law already on the books so this situation doesn’t happen again. And enforce monopoly laws so Kroger doesn’t buy up every locally owned grocery store off of taxpayer dollars.
It’s not rocket science to fix what’s broken, it just requires us to admit that our system sucks ass and we deserve better than a handful of rich assholes hoarding wealth at our expense. We should use that money to help people innovate, not just give away money to rich investors that don’t care if your neighborhood or town or even country fails because they’ll make money off of you either way.
This would be the status quo if not for our politicians being owned by corporations through legalized bribery. So it’s less about what we could have than what we should / would have if not for donkey brained levels of corruption that rival any other country throughout history.
DanielPhermous t1_j9eyvz5 wrote
> It’s not rocket science to fix what’s broken
Maybe but as your first line is to advocate for wholesale theft and breach the Fourth and Fifth Amendments of the Constitution, I feel it's just possible that your solution is perhaps ill-considered and overly simplistic.
Rickety_Crickel t1_j9gaiao wrote
The alternative is to let the rich continue to accumulate more wealth that does nothing while the rest of humanity starves. Corporations shouldn’t have the right or ability to hoard wealth overseas to avoid paying their fair share.
If it doesn’t bother you that you personally paid more in taxes than many millionaires and billionaires I don’t think anything is a convincing argument because the status quo and it’s inevitable future is acceptable. It’s not acceptable to me.
DanielPhermous t1_j9h6vks wrote
> The alternative is…
Sure. It’s either the current system or your absurd plan. There are no other possible options whatsoever.
> If it doesn’t bother you that…
I never said it didn’t. I just think your solution is childish and unworkable.
Viewing a single comment thread. View all comments