We haven’t had capitalism in any sense of the word for about 60 years at this point. What we have seen is government interventionism in a protection of certain businesses that align with the interests of the sitting politicians - in other words, a form of Oligarchy.

What has transpired is an increasing degree of government deficits to fund entitlements, that drive inflation, which create more dependency on the entitlements and a call to do things like raise minimum wages.

The actual solution is: Trim federal spending, go into deflation, and drive the buying power of the currency up. This would allow people to pay down debts while maintaining standard of living, and allow for a reduction of dependency on hand outs - which would allow for a further reduction in government spending. The problem here is that the first step ABSOLUTELY SUCKS for a LOT of people - but it needs to be done.

From here: The big hedge funds, and such need to be ripped apart systemically.

All implementations are always twisted to suit the greed of individuals.

So it would be best to live under a system that doesn’t encourage and reward such behavior, no?

deleted by creator

The path has been laid out by Mr Luigi

What things are you talking about, “mofo”?

USSR had a state capitalist economy

Things you hate? How can it be explained as capitalism if you won’t say what it is.

You act like there was never a guy named Karl Marx who proved this stuff, and debunked many myths about the economy, like 150+ years ago. It isn’t just a random thing like a superstition. In fact believing capitalism isnt responsible is almost a superstition.

Wages are flat while production has skyrocketed the last 50 years, a little longer than I’ve been alive. The system produces a few rich people at one end and a bunch of poor people at the other, that’s what it is meant to do, it’s what it does. It isn’t just an economic system, its the state and media as well.

People aren’t just blaming all their problems on capitalism like some petulant child. There are causes that are very clear and some more hidden, but its no secret and hasn’t been for a pretty long time.

Westerners continue to be the most brainwashed people on earth

https://redsails.org/anticommunism-and-wonderland/

In the United States, for over a hundred years, the ruling interests tirelessly propagated anticommunism among the populace, until it became more like a religious orthodoxy than a political analysis. During the cold war, the anticommunist ideological framework could transform any data about existing communist societies into hostile evidence. If the Soviets refused to negotiate a point, they were intransigent and belligerent; if they appeared willing to make concessions, this was but a skillful ploy to put us off our guard. By opposing arms limitations, they would have demonstrated their aggressive intent; but when in fact they supported most armament treaties, it was because they were mendacious and manipulative. If the churches in the USSR were empty, this demonstrated that religion was suppressed; but if the churches were full, this meant the people were rejecting the regime’s atheistic ideology. If the workers went on strike (as happened on infrequent occasions), this was evidence of their alienation from the collectivist system; if they didn’t go on strike, this was because they were intimidated and lacked freedom. A scarcity of consumer goods demonstrated the failure of the economic system; an improvement in consumer supplies meant only that the leaders were attempting to placate a restive population and so maintain a firmer hold over them.

If communists in the United States played an important role struggling for the rights of workers, the poor, African-Americans, women, and others, this was only their guileful way of gathering support among disfranchised groups and gaining power for themselves. How one gained power by fighting for the rights of powerless groups was never explained. What we are dealing with is a nonfalsifiable orthodoxy, so assiduously marketed by the ruling interests that it affected people across the entire political spectrum.

The capitalist class that expropriates the working class’ surplus value sure doesn’t hate capitalism.

True. Capitalism can be made to work well for most people, as shown in many European and Asian countries. You need strong regulations (and for workers to engage in unions and in voting). People (specially on lemmy) seem to mix American oligarchy with capitalism.

Lemmy doesn’t need people to “succeed,” it already does its job. It’s not a commercial product to be profited from. Further, you aren’t going to be able to chase away the Socialists from Lemmy, the structure is appealing to Leftists and its developed and maintained by Communists.

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.

Capitalism is better than feudalism, yes. The problem is that Capitalism inevitably gets to the point where it is more detrimental to the population as a whole than it is beneficial (Global Warming, Wealth inequality, power imbalances, etc.), and that point is now.

Capitalism did bring us many advancements, but we have outgrown it. Just because it did good things at some point doesn’t mean that there isn’t something better. We should all be striving towards better as a species, but we aren’t.

You were two steps away from discovering libertarian socialism/democratic confederalism and then you crawled backwards.

The fact that there are people at the bottom isn’t the fault of some political system

If your political system is based on hierarchy, there will always be someone at the bottom of said hierarchy. It’s the logical consequence.

and especially isn’t the fault of capitalism, it’s the fault of human nature.

This is literally capitalist propaganda. Humans are a social specie, by nature they seek cooperation, not competition.