this post was submitted on 31 Jan 2025
199 points (99.0% liked)

World News

46292 readers
3168 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

Summary

Five years after Brexit, its economic and political effects are still unfolding.

Trade with the EU has become more expensive and complex, with mid-sized businesses struggling the most.

UK economic growth is projected to be 4% lower long-term, and new trade deals haven’t offset EU losses.

While public opinion has turned against Brexit, rejoining the EU remains unlikely.

Prime Minister Keir Starmer aims to improve relations but won’t re-enter the single market, as both sides cautiously rebuild ties.

you are viewing a single comment's thread
view the rest of the comments
[–] FundMECFSResearch@lemmy.blahaj.zone 3 points 3 months ago (1 children)

How would you design a system where capitalism actually works.

Because all major capitalist system are currently leaving a lot of people behind, in their feeding, transporting, and warming…

[–] alvvayson@lemmy.dbzer0.com 0 points 3 months ago (1 children)

It depends on what you consider capitalism.

Suppose you would take the system we have today, put all the stock of every company in a big fund and give everyone equal voting rights in, and profits from, the fund.

That would be a very anarcho-communist world. All economic power would be with the people, not the state, evenly divided, so no one would be richer than anyone else.

But others would call it capitalism because it would be the exact same system we have today.

[–] FundMECFSResearch@lemmy.blahaj.zone 4 points 3 months ago* (last edited 3 months ago) (1 children)

That would not be capitalism at all though.

Your big fund is basically the equivalent of making every company government owned and turning thr government into a direct democracy.

Then there wouldn’t really be a concept of ownership of companies at all… Like there currently is in capitalism, because if everyone owns it, no one owns it, we don’t own the government…

[–] alvvayson@lemmy.dbzer0.com 1 points 3 months ago

No it would not be even close to being equivalent to gov+dd, because the government and fund would be totally separate power structures.

You could modify the scheme so that dividends and profits only go to retirees, which would make it a giant retirement fund.

Some people argue China is capitalist and others argue it is socialist or communist.

Truth is, these are all 19th century debates on archaic terms. Every developed country today has a mixed-mode economy with some form of capitalism combined with some form of communism.

It's more fruitful to discuss how we harness the power of each system in a way that benefited humanity.