this post was submitted on 06 Jan 2025
1432 points (97.2% liked)

Memes

46028 readers
1623 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] LovableSidekick@lemmy.world 21 points 3 days ago* (last edited 3 days ago) (2 children)

You can be fine with the innovation and entrepreneurial spirit of capitalism and still favor a wealth cap and abolishing laws like Citizens United that give money undue influence on politics. Extreme wealth concentration actually hurts capitalism by starving the spending economy of money. It's a defect in the system that eventually spoils the system.

[–] theacharnian@lemmy.ca 11 points 2 days ago* (last edited 2 days ago)

Innovation and entrepreneurship is not exclusive to capitalism. People innovated and undertook ambitious projects before capitalism, and they will be doing so after it.

There is nothing inherent to the private ownership of the means of production and the wage exploitation/human rental system we have now that mandates innovation and entrepreneurship. In fact the opposite is visible today, with big companies stifling innovation.

[–] abfarid@startrek.website 5 points 3 days ago (6 children)

Lots of people on Lemmy forget that the choice between Capitalism and Socialism isn't binary. Country picks individual policies that are capitalist or socialist in nature. All of the modern countries are a combination of both. Even USA has certain socialist policies. Most of Europe is roughly equally capitalist and socialist.
It's just making a character build and picking perks. Capitalist policies aren't bad (for the general public) by default. Depending on how and which ones are implemented, they can be beneficial to everybody.

[–] TopRamenBinLaden@sh.itjust.works 46 points 2 days ago* (last edited 2 days ago) (1 children)

Europe has many more Social policies than the US, but it is nowhere close to equally parts Socialist and Capitalist.

Socialism means that the Workers own the means of production, and there is no country in Europe where that is the case.

Social policies != Socialism.

[–] Edie@lemmy.ml 20 points 3 days ago (1 children)

Socialism is when the government does stuff, and when it does a whole bunch of stuff, its communism.

[–] LovableSidekick@lemmy.world 6 points 2 days ago (2 children)

Hopefully that's tongue in cheek, but it's pretty much how a large (voting) segment of the population sees it. Freedom Good, Government Bad.

[–] PolandIsAStateOfMind@lemmy.ml 4 points 2 days ago* (last edited 2 days ago)

It's famous quote from professor Wolff who said it incredibly ironically, just watch the clip. But yeah, tons of people actually do believe this.

[–] stetech@lemmy.world 2 points 2 days ago* (last edited 2 days ago)

It’s a quote from (left) professor Richard Wolff. Link

Edit: had gotten the first name wrong

[–] Cowbee@lemmy.ml 12 points 2 days ago* (last edited 2 days ago)

You're thinking of Capitalism and Socialism as Private Property and Public Property, and as oil and water. That's not how systems work in the real world, however. An economic system is determined by what is primary in an Economy, and at scale property relations are entirely mixed and inter-related. Having safety nets doesn't make the Capitalist EU somehow "a mix," and having markets doesn't make the Socialist PRC Capitalist either.

You are partially correct, in that markets are a useful tool at lower stages of development and public ownership and central planning at higher stages, but that doesn't seem to be where you were going with that.

[–] meowMix2525@lemm.ee 4 points 2 days ago

The problem with this is the capitalists have a way of revoking rights when the working class has its back turned, and the privilege of making unlimited propaganda to make sure those backs stay turned and either complacent or focused on other things. The only way to prevent this is for the wealthy to answer to the people rather than the other way around, which means the working class must control the means of production. This is the capitalists' lever of control as a class.

By making sure that society cannot produce anything without them, they get to control our material conditions, who lives or dies, what gets produced and how it gets produced, with no real regard for the people's needs besides what coincidentally creates more capital for them. And they can direct this all in the particular way which convinces us that this is the natural order of things and we should actually be thanking them for the breadcrumbs they leave us when all is said and done.

Realistically, you cannot have one without the other. Anything else is leaving the door open to the capitalists to pull things back in their direction using their vast accumulation of wealth, which under capitalism directly translates to influence and power.