this post was submitted on 20 Aug 2023
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[–] Transcendant@lemmy.world 19 points 2 years ago (67 children)

I'm lower-left quadrant but always cop a fair amount of shit from others on 'the left' (nebulous term though it is) for my feelings on capitalism. The people I speak to have never seen anything but corruption, and have a combo of zero faith and utter hatred for it.

My personal feelings are that with strong, enforced checks & balances, capitalism can be combined with socialist policies to create a fantastic standard of living (see Norway), without it becoming cancerous. Unfortunately most of our western political systems (and capitalism is strongly influenced by political systems) seem to be run on a wink and a nudge, an assumed sense of 'fair play' which we all know has been shown to be worthless in recent years.

Strong unions; an educated populace; politicians who actually give a shit; this is what we need. But, capitalism has an absolute stranglehold on the populace of most western countries via print / tv media. The foxes are in charge of the henhouse and the hens are getting shit on.

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[–] Tenesto@citizensgaming.com 18 points 2 years ago (1 children)

I'm not even sure what a government would look like in order to allow capitalism to function without corruption and exploitation. The regulations needed would be so overbearing that the markers surely would not thrive. Our entire society is based around the idea of abusing what is essentially slave labor to live far beyond our means. Without massive corruption, the US would just be another unremarkable country struggling to stay afloat.

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