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Why are folks so anti-capitalist? (programming.dev)

submitted 1 year ago by o_o@programming.dev to c/asklemmy@lemmy.ml

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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[–] MushuChupacabra@lemmy.world 13 points 1 year ago

I am anti- wealth and power concentration, and believe that proper compensation for labor is a requirement for a healthy and functioning society.

Money is supposed to flow, through the regular purchase of goods and services. Therefore, siphoning off wealth and hiding it is unhealthy for the economy.

Call it capitalist, socialist, communist, anythingist, whatever. If it aids and abets wealth and power concentration, it's bad, and there is no ideological wordplay that can make it otherwise.