• The dogspaw @midwest.social
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    1 year ago

    Capitalism has far and away provides the best and most benefits to the people the problem is when Capitalism is allowed to run with no safety rails

    • Tychoxii [he/him, they/them]@hexbear.net
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      1 year ago

      If by “the people” you mean a small percentage of elites then sure. And I expect the elites in society to put safety rails on their gravy train any day now.

    • captcha [any]@hexbear.net
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      1 year ago

      The vast majority of world poverty reduction that capitalists claim has been from China. But hey, maybe China is a capitalist economy but you just need a communist government to regulate it effectively.

    • Rekliner@beehaw.org
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      1 year ago

      Which seemed to stay on the rails for many decades…but with a global capitalist economy there is currently no authority which can keep multinational corpo’s and billionaires on the rails. They live between the rules of any one country.

      • The dogspaw @midwest.social
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        1 year ago

        Not true we can and have broken up monopoly before Marxism is a defeatist ideology that has failed everywhere it has been tried because in spite of what it claims to bring control to the workers it actually takes control from them and transfers it to the state which is even worse than the capitalist

    • scarabic@lemmy.world
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      1 year ago

      Yeah, and this is not a view of “the right” anymore. I know that leftism used to terminate with hard capitalism but if anyone is still advocating for that, I think they are on a different scale entirely. Being leftist these days is about proper environmental regulation, policies that encourage wealth equality, and using government to address the needs of the most vulnerable. It terminates at something like The Netherlands. Capitalism is no longer up for debate. Very little about foreign policy is either.

        • Pipoca@lemmy.world
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          1 year ago

          I dunno, capitalist social democracies seem quite nice compared to socialist counties.

        • scarabic@lemmy.world
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          1 year ago

          That’s somewhat either/or thinking when the emergent ideal is capitalism held in check by sane and compassionate social policies. You could call some of the latter socialistic if you want. But where in the world is Communism providing anyone a relevant alternative to the “decay” of capitalism? Capitalism is in its energetic teenage years still, in Asia, if you’ve noticed.

            • SCB@lemmy.world
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              1 year ago

              China embraced capitalism because it’s economy was dead in the water. China has not ever been less socialist since the commies first took over.

              Communism is a thought experiment and has no place in the real world.

            • scarabic@lemmy.world
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              1 year ago

              China has only moved away from a state-run economy in the last 50 years, resulting in its current, larger and much more dynamic economy. It’s probably the world’s best current example of a country abandoning communism for capitalism, and reaping the benefits. There is wealth inequality, but fewer people are starving. All they’re keeping from their former regime is centralized single party political control.

              Under economic Communism they proved over and over that a central government can’t command a entire set of industries and markets better than they can run themselves. People starved in the tens of millions finding this out. An uptick in suicide rates is nothing by comparison.

              • Farvana@lemmygrad.ml
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                1 year ago

                No, what they proved is it’s hard as fuck to go from zero industry to the most industry when most of the world’s wealthy want you to fail. Famine was and is a real societal threat and we forget that it happened regularly not that long ago.

                • scarabic@lemmy.world
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                  1 year ago

                  There’s no way I’m going to let you characterize the Great Leap Forward as “famine happens.” That is absolutely criminal apologism.