Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.
Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.
Who are all these extremist wackos who don’t already want to abolish capitalism?
Kind of need a valid replacement.
Edit The amount of downvotes versus provision of a valid replacement is telling
I ask the reader, if you could live in any country in the world, what country would that be? Seriously think about it for a moment. Take your time. … Now, note if the country you just chose is capitalist or not, it almost certainly is.
Yes, capitalism has flaws, but we have yet to see a better system.
Because capitalist countries keep using their massive wealth to dismantle socialist/communist countries. Just look at the history of US interventions in Latin/South America, which replaced a lot of democratically elected leftists with murderous dictators so we could have cheaper bananas.
Also it’s a lot harder to create a system that works for everyone instead of an oligarchy run by the wealthy. The reason so many countries slide into capitalism is because it’s a pit that self-interested parties are constantly trying to drag people in
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Create your own banks then
It was called the Cold War… jeez, you guys love trotting out one side of a conflict.
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Is China dismantled? No, the CCP enshittified their country all by themselves.
China is hardly the ideal country for any Leftist who is not a tankie.
But they are socialist and successful. You don’t get to real Scotsman every example that doesn’t fit your narrative
If American Leftists don’t wish to recreate China, then China is hardly what they stand for; they are not responsible for what people on the other side of the planet have done, and are not obligated to answer for their decisions over the last 60 years.
The number of billionaires in China is increasing, the fact that they’re enshittifying is because they’re getting more capitalist not less
Capitalism has lifted more people out of poverty than any other system. It’s not perfect, but neither is any other system.
Yes, all those wonderful capitalist innovations like minimum wages, the 5-day work week and paid holidays.
Oh wait those are all things capitalists fought tooth and nail against and social movements made happen. You’re assuming that because something good happened under capitalism that it’s because of it, but most of the actual good things that lifted people out of poverty were anticapitalist. Meanwhile all the needless suffering and deaths because of capitalism never seem to get attributed to it despite the fact that wealth hoarding is responsible for creating so many resource scarcity problems that we have the ability to solve.
That is only true if you use capitalist metrics to measure poverty
It’s a myth that capitalism alone has lifted people out of poverty. In fact, many nations have fought to implement strong social policies just to try and shield their citizens from its excesses. For every claim of progress, there are countless tales of exploitation, dispossession, and environmental ruin. Saying no system is perfect trivialises the issue. With capitalism, the true cost is often hidden behind the glittering façade of consumerism, at the expense of human dignity, ethics, and our planet’s health.
You’re confusing capitalism with industrialization.
The development of modern modes of production came about nearly two centuries after the foundation of modern marketplace practices. The Dutch East India Company did not bring people out of poverty. Just the opposite. It served as a means of rapidly conquering and subjugating large indigenous populations, by using the speculative bubbles created during periods of looting to construct large militaries capable of further conquest. The rapid militarization and trans-continental looting/pillaging of the 17th and 18th centuries resulted in the increased spread of contagious disease, the worst genocides committed since at least the Roman era, and the formalization of Colonial Era chattel slavery.
Industrialization, which was a product of the mathematical and material sciences renaissance of the late 19th and early 20th centuries, produced huge surpluses in commercial goods and services. Revolutions in textile manufacturing, fertilization, fossil fuel-based transportation and electrification, materials sciences, and medical innovation brought hundreds of millions of people out of the agricultural economy and brought a functional end to a litany of common causes of death. The industrial era was not specific to the capitalist economic mode, but it was practiced most aggressively early on by capitalist states.
But the Industrial Revolution had a huge knock-on effect. Mass media and modern communication reoriented traditional class hierarchies and formed new models for social organization. The seed of socialist theories that had been planted in the 17th and 18th centuries blossomed into massive revolutionary labor movements during the 19th and 20th centuries. This, combined with the industrial collapse of the imperial core in the wake of the First and Second World Wars, signaled the beginning of the end of capitalism as a hegemonic economic force.
By the 1950s, numerous socialist political experiments produced successful industrialized civilizations, some of which even persist into the modern era. Meanwhile, rising standards of living from industrial surpluses in food, fuel, and living space raised living standards globally without regard to one’s economic mode.
The real test of capitalism as an enterprise has kicked in during the last 50 years. By the 1970s, the era of cheap fossil fuel was coming to an end and various economic models were forced to contend with a declining rate of new surplus goods and services. Forced to choose between economic conservation/improved efficiency and a new wave of imperial aggression, the capitalist states have attempted to backpedal into their old traditional colonial models of business. The end result has been a new generation of major military conflicts - from the Vietnamese Jungle to the Iraqi desert - alongside a number of ugly civil wars and domestic insurrections in former capitalist strongholds.
Without a continuous industrial surplus to drive profit, modern capitalist economic models are failing. Quality of life in capitalist states is beginning to decline. And capitalist leaders are turning to more militant methods of seizing natural resources, forcing low-wage labor, and wrecklessly disposing of excess waste.
Capitalism rode the cresting wave of industrialization for a century. But now it is failing. And people in capitalist states - from the UK to Saudi Arabia to the Philippines - are seeing their quality of life erode away at a rapid pace.
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What the hell are you talking about. The nordic countries constantly rate as one of the most economically free countries in the world. Capitalism is everywhere in the nordic countries, but it’s also used to support comprehensive welfare state.
And yes, I come from the “happiest country in the world” so I guess I can literally see that we are quite capitalistic.
Edit: it seems that the original comment was edited so my comment looks kinda unnecessary now
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Who are these special “capitalists” you are referring to? Majority of Finnish citizens and literally every major political party here?
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No lol. Also the Finnish health care system is already heavily a mix of public and private sectors because of how our social security system and occupational health care system works.
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Are these Capitalists in the room right now?
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Socialism isn’t necessarily about taking away economic freedom, there are versions of market socialism that may be considered economically free. Socialism is ,theoretically , the transition state between capitalism and communism, so capitalists might still exist in a socialist state, but not a communist state where they are completely abolished. Socialism therefore is about disempowering capitalists and empowering workers until one day the workers hold all the power and cast off the capitalist. This can be done in many ways from a revolution to sieze the means of production to a progressive tax that takes away capitalist wealth.
Most modern socialists in the west realize without a large scale crisis the likes of the great depression, the people won’t support a revolution. The best they can do is to disempower the capitalists with tactics allowed in the current system. These tactics, trade unionism, welfare states, progressive taxes, nationalization of industries are all in heavy use in the Nordic countries, and imo contribute significantly to their happiness.
Socialism is measured by the power of the workers, not the control of the market.
Yes, I don’t disagree with anything you said. The original comment before OP edited it said that the nordic countries don’t have capitalism which was something I found highly misinformative.
I’ve had so many debates with people who say “socialism is a success, it works in Scandinavia”.
And I’m like, when have the Scandinavian and Nordic countries ever been socialist?
Nordic countries are socialist, unless you have a very narrow view of socialism in that it’s basically a synonym for communism. Socialism is the transition state between capitalism and communism, and therefore exists on a large spectrum. On one end of the spectrum is pure capitalism where capitalists have complete control and autonomy over production, and on the other end is pure communism where workers have complete control over production. Socialism stands ambiguously on the communist end of the spectrum, but theirs a large gray area. Government policies and institutions like progressive taxes, trade unions, welfare states, regulations and nationalized industries serve to empower workers and move the system towards the communist side of the spectrum into the socialist territory.
No, they’re social democratic, which is not the same as socialist.
Those countries are capitalist. Research the Nordic Model.
Those studies tend to be heavily Euro-centric.
Some of the happiest countries on earth are in East Asia. Bhutan, in particular, is the happiest country you’ve never heard about. Vietnam and Singapore also tend to rate very high. Bolivia also tends to punch well above its weight class.
But it should be noted that the Nordic states have historically been very far removed from war. With the Ukraine/Russia conflict, Fins are significantly more unhappy than they’ve been in prior generations. I don’t think you can blame that on their domestic policy or their economic model. As more refugees are forced through Europe in an effort to flee conflicts in Armenia and police crackdowns in Hungary and industrial sabotage through the Baltic Sea, happiness in the region is plummeting.
The fact the Nordic countries are rated as the most happy in the world proves that abolishing capitalism is a fucking awful idea. The Nordic countries are all capitalist.
Downvoted for saying a simple fact.
Am I on Reddit?
The hivemind is strong on lemmy too. Makes sense, considering the name I suppose.