For a society that has enough work for all, regulated capitalism isn't too bad but the regulation must be tight and never loosened. If you do, then you get the class warfare state we are in.
Cap wealth. No billionaires. That alone is a great start.
That is a different problem but related and certainly a problem. Minimum wage should track to what it takes to live in a given area and should rise with the rate of inflation.
A federal rate is weird as it costs a lot less to live in the middle of Iowa vs downtown NYC.
you cited a meme which reference a study that defines poverty as the absence of money and then uses this to argue that things are better now that money has been invented
What you call communism is in reality just a one party state since the laws are handed down from above so are not coming up from the people which they are supposed to do.
They also require measures that monitor & control the people for the party to maintain its grip on power over the people.
Yes, this is "real world" communism. YOUR communism is a fantasy. And I will not engage with you further until you have undertaken remedial education in how things work in the real world. https://www.youtube.com/watch?v=rStL7niR7gs
No It is not real world communism it is hierarchical
structured Society communism. As true communism like true democracy are both horizontally structured Societies & the laws are created by the people not someone elected to make them. But you won't grasp 10 thousand year propaganda cloud ya vision
It's the direction my local Republicans want to go. They get awfully excited talking about removing regulations all the time. It's kinda fun watching some one old enough to have theoretically seen the Ohio River on fire want to remove the regulation that solved that problem.
I'm not sure this is a useful metric. We should also work globally to reduce things Ike strip mining and dependency on fossil fuel, but that should not be a reason to do nothing domestically. "I refuse to do better until they do", seems like a bad plan.
Never said it was. Prefer doing nothing, always? One of the perks of capitalism is supposed to be its flexibility. So change the rules until they work for that moment. Then change them again when they stop working. Because they will.
Seriously? Famines since development of agriculture have almost always been the result of government action. Point out an actual capitalism-caused famine to me please
You’re right, the East India company did cause a horrible famine, the worst of which was in 1770. I’m actually impressed you know that. But that’s hardly normal capitalism, that’s excessive taxation following conquest, that’s a political act.
I’m trying to defend modern capitalism with normal regulation and safeguards. I’m not trying to defend 18th or 19th century colonialism and slavery or 2nd century Roman tax farmers for that matter.
this ideaology literally makes no sense... "i know billionaires are hoarding wealth, and corrupting our government, and spreading misinformation, and killing our planet... but its better than the 1800s so i cant complain!!" reminds me of boomer mentality.. "i had it hard so you should too!!!"
You want to get rid of billionaires? You’ll need totalitarian socialism. Every totalitarian socialism winds up with rich leaders. It’s funny how that works, at least this way we get Windows, iPhones and Teslas…
Well, that's not true, because Capitalism is a formation of people, ideas...
The USSR was not capitalist, but it was destroying our planet before it was turned into a capitalist and is still destroying our planet - not because of capitalism (that's why sanctions after Feb 2022 would never work).
The profit motive is the issue under unregulated capitalism. Profits must go up always, means market bubbles forever. Eventually one of those bubbles will have consequences modern society will not recover from.
Were they not? Colonialism and the extraction of resources or gathering of territory is always about profits for the oligarchs. Banana republics in Costa Rica, Guatemala and Honduras are similar except for the benefit of capitalist.
Nah, we're capitalist and you're bad tenants making this a bad investment the bottom line requires we rectify to avoid share holder investigations into our expenditures, Capisce? 🍸👽🚬
FAKE-NEWS!, in reality he would have SHOT him stone-cold-dead on-the-spot!, cuz that's going against Muricas one-true religion!
- and yes capitalism is cancer and it IS murdering us, and the world
Comments
Cap wealth. No billionaires. That alone is a great start.
$7.25 per hour was signed into law in 2007.
The only thing not affected by Inflation is the Minimum wage.
A federal rate is weird as it costs a lot less to live in the middle of Iowa vs downtown NYC.
They also require measures that monitor & control the people for the party to maintain its grip on power over the people.
https://www.youtube.com/watch?v=rStL7niR7gs
structured Society communism. As true communism like true democracy are both horizontally structured Societies & the laws are created by the people not someone elected to make them. But you won't grasp 10 thousand year propaganda cloud ya vision
https://www.carbonbrief.org/china-responsible-for-95-of-new-coal-power-construction-in-2023-report-says/
https://bsky.app/profile/extrafabulous.bsky.social/post/3ksetqy33n32o
Oil might not be the worst.
#6'Elon
We can be incentivized to cooperate with each other because of monetary incentives or we can be made to do so through force. What’s the third way?
The first corporations colonized and caused famines in India and other places across the globe.
https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/
https://ourworldindata.org/extreme-poverty-in-brief
https://ourworldindata.org/poverty
The USSR was not capitalist, but it was destroying our planet before it was turned into a capitalist and is still destroying our planet - not because of capitalism (that's why sanctions after Feb 2022 would never work).
- and yes capitalism is cancer and it IS murdering us, and the world