this post was submitted on 31 Jan 2024
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[–] AllonzeeLV@lemmy.world 3 points 2 years ago* (last edited 2 years ago) (1 children)

Our global Market Capitalist system is wholly incompatible with "We all benefit when we all succeed." It punishes that and rewards the opposite by design.

Our global economy is about getting mooooaaaaar than the person/nation on the other side of the table, and about exploiting people.

The core principle of market capitalism is to give the people hoarding capital most new capital that is generated, while separating the people that generate that capital from the capital they generate. It's a vicious cycle meant to keep power, which capital is, safe from the unwashed masses/capital livestock.

Mutual benefit is what market capitalism is designed to prevent.

[–] PugJesus@kbin.social 2 points 2 years ago (1 children)

Our global market capitalist system is wholly compatible with "We all benefit when we all succeed." In fact, one might argue that's the foundation of an efficient market economy. The problem is that it also incentivizes decision-makers to maximize firm benefit at the cost of general society, and the past 40+ years of neoliberalism brainrot have unleashed an investor-class with very few restraints on their decision-making.

[–] AllonzeeLV@lemmy.world 2 points 2 years ago* (last edited 2 years ago) (1 children)

You look at this global economic system and think its broken and needs to be repaired. I look at this global economic system and think it's doing exactly what it was designed to do and needs to be replaced.

I hope you're right and I'm wrong. Our many species threatening crises would be a lot easier to address, and us humans, we love the idea of easy. But that economy through its proponents has been claiming to be the sole entity that can solve all the problems it's created for those 40+ years of being unshackled from meaningful regulation, and the problems of inequity, corruption, regulatory/governmental capture, exploitation, and oh yeah the very air we all COMMUNally breath have only gotten significantly more dire as a direct result of market actions, and those markets have only entrenched themselves deeper into the decision making processes of the world governments once meant to keep them in check once upon a time.

You say brain-rot is the cause, but I say this system is designed to cause that brain-rot. It turns regular people into practicing sociopaths.

It's all academic though. You can't get the market capitalists to suddenly be nice, consider how their actions effect others, and think about how everyone can win, and I can't lower them into acid. They're gonna do what they're gonna do, because capital is power and they have almost all of it. No matter what you or I believe, their madness and destruction of civilization and Earth's biome will proceed.

[–] PugJesus@kbin.social 3 points 2 years ago

I mean, I believe that capitalism has outlived it's usefulness and has few answers to the problems we face. I simply also believe that the system itself isn't optimized for a zero-sum mentality.