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(lemmy.world)
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this post was submitted on 29 Feb 2024
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I dunno man, billionaires are a big failure of this economic system. So is alienation of labour. No one should profit from someone else's work. Even so I could forgive all that of it meant everyone had enough money from working say 20 or 30 hours a week, but that isn't the case.
I know capitalism isn't purely to blame for the environmental problems we have, but it is a major component. You can see this with oil companies and their owners lobbying governments not to pass legislation, producing propaganda, and funding bad science.
I actually understand some level of how capitalism works already. Maybe I could learn more, but honestly what I have learned already I find disgusting. How anyone who actually understands it doesn't find it irredeemable I struggle to understand. That being said it's certainly a complex system, that certainly seems efficient if you don't actually look too hard. I think that's what stops people seeing the very obvious flaws.
I don't consider it bad for people to make a profit off my work though. They're always risking something in order for me to be in a position to make profits to begin with. If they weren't I wouldn't need the employer, I'd just have a risk free business that I'd run myself
I don't think the oil companies are a failure of capitalism either. I understand how it looks that way, as they do some real sketchy stuff in the name of profit. But at the end of the day our governments should be regulating them to death, but they aren't and the reason sadly enough is likely that the average citizen simply doesn't care. In countries where an actual majority of the population care you see much better results Even under full on communism you could still run in to this issue anyway. Oil is a big industry for a reason, it's really useful and relatively cheap you could easily see a communist society choosing to use it ignoring the downsides
I think capitalism's flaws are obvious, which I like. Because we can easily rectify them with government regulation Do you have an example of a flaw of capitalism that can't be solved? Other than just the idea that profiting off someone else's labour is wrong, as I think that's really more of a philosophical question that I don't think 90% of people would agree with
The point is not necessarily about profit rather about what the profit comes from namely the positive (property rights to produced outputs) and negative product (liabilities for used-up inputs), which together are the whole product. A basic tenet of justice that capitalism violates is that legal and de facto responsibility should match. In a worker coop, the workers are held jointly legally responsible for the whole product matching their de facto responsibility for producing it @lemmyshitpost
Is this a bot?
No @lemmyshitpost