I think capitalism isn't the problem nor is liking and consuming a product or experience. We have great products turned into entire experiences here in the US, and I'm not terribly upset anymore about it.
The problem is the late stage unchecked capitalism running rampant. I think allowing individuals the freedom to pursue their ideas and allow others to even build livelihoods from it works great. But there's gotta be checks and balances, its what the USA was founded on.
a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community
So regulation of the market by the people (aka people democratically deciding where capitalism should be limited/regulated).
If there is another word that fits better though please let me know.
Hmm.
I think capitalism isn't the problem nor is liking and consuming a product or experience. We have great products turned into entire experiences here in the US, and I'm not terribly upset anymore about it.
The problem is the late stage unchecked capitalism running rampant. I think allowing individuals the freedom to pursue their ideas and allow others to even build livelihoods from it works great. But there's gotta be checks and balances, its what the USA was founded on.
What you are referring to is called socialism. And yes, it's a good thing.
Capitalism with checks and balances is not socialism.
It literally is.
So regulation of the market by the people (aka people democratically deciding where capitalism should be limited/regulated).
If there is another word that fits better though please let me know.