What do you hope comes after it ?
Pure chaos.
No, this is Patrick
Socialist phase where means of production are owned by the workers, and then communism.
You can have cooperatives right now.
The problem there is getting the initial seed funding. Investors put money into companies because they want to have control over the company, and they can’t do that with a cooperative. There is a systemic bias towards capitalist company structure because of that.
Investors want to make money above all. You can issue bonds with favorable interest rates as long as you have a solid business.
The reality clearly demonstrates that investors don’t bother investing in coops. You’ve obviously never actually tried to get investors to invest in a coop.
No I haven’t.
But I expect that the search for people who want to participate in an expanding cooperative is the bigger problem.
Do you know of a cooperative that wants to issue bonds?
I recommend learning a bit about the subject before arguing about it. Cooperatives don’t issue bonds because nobody is going to buy these bonds.
No ofense but…
LoL.
Laugh while you can.
Ok
Winter
Anarchist government, preferably communist in nature but mutualist works too.
deleted by creator
Plenty if you study history and anthropology. How do you think humans lived for millenia before the invention of currency? You do realize thousands of years separate that from advent of trade and long after we settled down to form permanent communities?
Nonsense. There is no returning to small-scale egalitarian societies. Large-scale societies are a trap; once you embrace them, you can never go back apart from in extreme isolation. Spend even 5 minutes thinking seriously about it and you will see why it’s a pipe dream.
deleted by creator
You think there is no authority in anarchist government? Have you ever read about horizontal-democracies?
Anarchist just means “against coercive authorities” namely “centralized and hierarchical governance”
You realize the fediverse that creates lemmy is an anarchist structure right?
deleted by creator
Tag yourself, I’m “The”
“of” the
BagelDonut 🤤I guess “Capitalism” (image) is akin to my life.
In Europe it’s the Autumn of Capitalism
Lmao we’re still as capitalist as ever. Americans have a skewed sense of what capitalism implies due to your super-duper-mega-unregulated-corporation-shareholder-moneymaker3000 type of ultra capitalism
super-duper-mega-unregulated-corporation-shareholder-moneymaker3000 type of ultra capitalism
Sooo… just bog-standard capitalism, then?
Case in point
Unfortunately, it might also be the spring of fascism there.
People who downvoted you clearly aren’t paying attention to what’s happening in Italy and Germany to a lesser extent
deleted by creator
all have severe issues with fascism right now
It’s not an issue… fascism is a feature of classical liberal nation states - not a flaw.
deleted by creator
Bullshit. Fascism is by definition antithetical to classical liberalism.
Really? Tell that to all the “liberal” regimes that enabled fascists when said liberals couldn’t keep working-class revolt in check… Weimar Germany literally did that to crush the “Spartacist” revolt after WW1.
There’s a saying amongst leftists - you can’t have a harvest of fascism without liberals loosening the ground for it first. Fascism is not some “aberration” of the classical liberal nation state and it never was.
Finland, Sweden, Spain, France, etc. etc.
deleted by creator
As a German, I agree
Then go away and move to somalia. Do us all the favour.
and Communism
Deflation would actually make capitalism somewhat ok. It would stop people from buying useless shit and automatically reward the poor who can save a little but don’t know how to invest. That’s why I Bitcoin
deleted by creator
The wealthy are already rewarded today. We measure wealth in dollar equivalent but wealthy people don’t own the currency, they own almost everything in stocks and real estate
deleted by creator
deleted by creator
It wouldn’t for the rich but the poor would benefit too
deleted by creator
It’s why we moved to a credit-based economy.
Bitcoin doesn’t make it OK to get paid just for owning something, it’s just less capitalist than dollars. Miner profits tend towards zero with difficulty adjustment, and Bitcoin doesn’t pay to stake holders at all.
How is this not ok to reward those who don’t spend? If we are going to stop climate change we need to stop consuming shit as much as possible
deleted by creator
I have seen how much Bitcoin spares the environment. I would easily emit 5 times more CO2 if I didn’t put all my money into it
deleted by creator
You would have called me arrogant if I served you the logical demonstration. You wouldn’t get it
deleted by creator
deleted by creator
I think in this case the distinction between getting a reward and getting paid is important. Bitcoin just appreciates in value with the rest of the economy - you don’t get paid a higher percentage of all bitcoins from saving them - like you do from staking, or holding dollar bonds.
My criticism here is against capitalism, not against Bitcoin. Bitcoin’s best feature is that it minimizes profits, and inequality caused by the Cantillon effect.
