That means this inherent inequality gives one group tremendous power over the other.
What we really need is a system that doesn't automatically promote psychopaths and sociopaths to the top, the more ruthless, the more money you make, despite the human cost. We need a system that doesn't value money/capital as much, but other outcomes.
And we especially don't need Billionaire Philanthropists. Pay the damn taxes. Yet, this is the site for the Temporary Embarrassed Billionaires, so I know how this will go over...
"More poems, faster, cheaper!"
For a more recent example, listen to this podcast episode: https://www.acquired.fm/episodes/vanguard
The west has not got rich at the expense of the global south. Both have gone up .
What timeframe are you considering in this opinion?
There were many experiments; none seemed to be successful, unless you consider the current semi-capitalist China a social success.
There will never be a just-a-little-exploitation capitalism coming from the bougies or their academic henchmen. They have to chase profit, that’s the game. A just-a-little-exploitation capitalism can only come from the working class fighting back. Then when that happens the bougies try to win their fair-share back and again and so we go back and forth, but only a few times not that many because of ecological breakdown.
The MSM has been pushing hard for establishment Rs and most Ds, and tech oligarchs were sinking money in D areas like Zuckerberg in WI in 2020. (A "maga" election, per the articles comment)
I agree that tech oligarchy shouldn't be influencing politics so much, but i dont think this makes Dems or anyone else 'fascist' necessarily.
1. Everything is great. You either own a lot of capital or you think you will one day. You're fully in support of the current system;
2. There are problems but they can be fixed with a nicer, kinder capitalism, more regulation and so on. This essentially makes you a social democrat. This is still a pro-capitalist position, ultimately. You might also call yourself progressive; and
3. You believe that capitalism is fundamentally flawed and the problems of the current system, such as ever-widening wealth inequality, are an inveitable consequence of capitalism. This is the anti-capitalist position and makes you a leftist. You can't be a leftist and not be anti-capitalist.
Last century and going back to even the 2000s, tech companies and their founders were upstarts, rebels and often counter-cultural. That era is long gone. Some here might decry how often politics creeps into HN but all that's happened is that tech companies have gotten so large that they have become tools of the state. You can't be a rebel and a trillion dollar company. To maintain your status, you end up moving in lockstep with US domestic and foreign policy.
My point is there is no making this system more humane without overthrowing the US government, essentially. Imperialism is the highest form of capitalism and there is no true opposition to American imperialism in the mainstream US political system. Like, at all.
Endless endless endless corporate consolidation. All creative energies and impulses just get swept back up into the very large companies. There's a vital energy that's just missing from the market, a competition for labor that's empty, a competition for serving the world well/competing on value that's all just... gone.
JohnFen•1h ago
NietzscheanNull•1h ago
To allow profitability to be our measure of permissibility is to sacrifice civil society at the altar of enterprising tyrants. Economics should never be a substitute for ethics.
keybored•43m ago
I’ve never heard of mainstream economics serving people. Maybe Keynesianism did?
doubletwoyou•10m ago
Barrin92•38m ago
it wasn't. Slave economies are exceptionally unprofitable and unproductive. To take the US as an example. Liquid wealth, i.e. capital, was vastly larger in the North than in the slave owning states, the industrial output of New York exceeded the entire Confederacy and it was that profitability, wealth and mechanized agricultural production that did them in.
Even Marx recognized this by the way, following feudalism capitalism was a progressive force, it was profit, productivity and surplus that enabled civil society, the north was more civil because it was rich and had unlocked modern forms of production. The problem of capitalism is not profit or lack of civil society.
ch4s3•30m ago
Zigurd•27m ago
GerryAdamsSF•23m ago
History is not a Paradox game where there is rational top down control.
gruez•13m ago
Natsu•17m ago
The hard part is that I'm not sure any other system really fixes this flaw. Sure, you can be less democratic and give fewer people what they want, but for some reason few people want to live in autocracies of any stripe.
And it's not always clear that there is a solution when the things people want are too diametrically opposed, either. I'm not sure many people would be happy with any of the solutions from "Three Worlds Collide" for example (a short story you can go read online if you don't get the reference).