this post was submitted on 20 Jul 2023
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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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[โ€“] doot@lemmy.ml 100 points 1 year ago (2 children)

For us young people: Because the system feels broken, and that there's little future to grow towards.

I grew up privileged, I attended private school until 5th grade before moving to one of the best public schools in a US state known for having good education. I've had a safety net my entire life, and that has allowed me to take risks, and end up homeless, that otherwise could have permanently screwed me over.

I, only a few years later, finally feel somewhat stable with the path I've pursued. For me stable means ~2 months emergency savings, probably not getting evicted by my batshit landlord anytime soon, and only having to work 2 jobs.

If that is what it takes to feel stable, then I can only feel like the system is screwed. I will never have the money to buy a house anywhere near where I work, near being defined as within an hour. I spend my days working for people who can drop more than what I make in a year on vacations. People who live in neighborhoods where the 'cheap' houses start at $10 million. And I work with some amazing down to earth people. If I'm one of the lucky ones, and I definitely am for where I live, how can the system not be broken?

Our climate is fucked, my only hope of every owning property is a massive market crash, I will likely have to keep working till I'm close to dead, vacations are a distant dream, allwhile I make my landlord richer, the corporations take all my money, because I can't afford good, organic or local food, and the people at the top get even richer.

Our system has incentived turned all the workers into profit. At work we're measured by the value we add to the company, never officially, but punished for missing work or being sick, and at home we're measured by the value we add to corporations through our purchases. Even our attention has become a product. How long can companies get us to stare at their product, mindlessly consuming and being served ads.

Even in our own homes we are a product. We are an unwilling cog in a machine that makes us poorer and those with the power richer. The government should be here to protect the common man and woman. For every example of the gov. doing the right thing to protect us from monopolies and predatory practices, there are 10 or 100 examples of the opposite.

No change will come about under our current socio economic system, and you need to remember. I'm one of the lucky ones.

[โ€“] mycatiskai@lemmy.one 22 points 1 year ago

OP, read this person's post and realize they are a few months away from being totally fucked and yet are the lucky one.

They work two jobs, and they are the lucky one.

In countries with actual social safety nets people can afford to work one job, they take vacations, they don't have to struggle to afford medical care, it is covered because it is a human right.

Those countries aren't suffering because they are completely capitalistic, companies in these countries are prospering and yet they help their population prosper as well.

[โ€“] prole@beehaw.org 0 points 1 year ago

Amazing response, and on point.