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2 yr. ago

  • The purpose of Capitalism systemically is Capital accumulation and the increase in profits through the general process of converting money into commodities in an endless loop.

    I disagree. The purpose of capitalism systemically is to simply allow for value creation for the entire ecosystem (customers, employees, vendors) and give anyone the individual freedom to do so.

    Current Western flavor of capitalism has allowed short-sighted greed to take over because Wall St demands so.

    On an ideological level, you and I are the same - community over commerce. I support capitalism only under such principles.

  • Greed is not the cause of capitalism. Capitalism exists to create value for society. My grandfather, an immigrant, opened a bakery 50 years ago to serve his community and raise his family. I, an immigrant, opened a grocery store 10 years ago to serve my community and raise my family. Capitalism can be honest & hard work. In both cases, community over profits was a core principle.

    Greed comes with accumulation and has to be restrained.

  • First, don’t point your finger at capitalism as the problem.

    You already lost me

    I know, many here have have an automatic trigger on 'capitalism', but I appreciate you trying. I will try to respond sincerely.

    Second, acknowledge & understand greed and how it is inherent in all human nature.

    I would rather acknowledge and encourage humans inherent nature to cooperate and grow together.

    Me too! Cooperation is the good against the evil of greed. But greed still exists, you can't wish it away, you have to strategize against.

    Third, build systems that minimize the damage done by individual or corporate greed.

    Like building an economy that doesn’t inherently reward greed? I wonder what that would look like.

    Greed is rewarded in every economy.

    Check against consolidation, monopolization, and short term Wall St like thinking of endless growth.

    These things exist because of capitalism

    No, they exist because of greed & corruption and failure of systems to contain those things.

    Four, make sure socialist programs exist to support everyone

    That’s social welfare. Being socialist means the workers own the means of production

    No, socialist systems like free housing, healthcare, education can exist alongside capitalism. Worker owned systems like cooperatives still operate in a market.

    capitalism is not the only way to live, it’s optional

    It’s so easy to live in the USA and just not do capitalism /s

    It's impossible in the USA, I'm with you.

    the European nations seem to be doing things quite alright

    Do you understand that their wealth was pillaged from the global south?

    Yes, the British East India company uprooted my own ancestors and erased all culture. I'm against imperialism as much as you, but this has nothing to do with it.

    Can you give me a description of what makes socialism bad solely based on how it works (not referencing any country who may have attempted it)?

    1. Lack of standardization means you can't be sure of what you're getting. Is the milk from this farmer as good as the other farmer?
    2. Same price for same good means lack of incentive to improve / innovate. Why grass feed your cows when milk will only sell for a set fixed price?
    3. Markets will still exist, you can't wish them away. It's human nature. I want to make cake and feed you, but I still need to buy the ingredients, invest the capital, take the risk. Capitalism just rewards that risk.
    4. Greed still exists, maybe I can add a little water to the milk, huh, who will ever find out?
    5. Corruption still exists and without checks & balances, a centrally controlled system is very likely to being corrupted at the core.

  • To your first point, let’s pretend you’re right and look at it in the abstract. What is to be done? Do you want to kill greed? How would you do that?

    You're getting somewhere! First, don't point your finger at capitalism as the problem. Second, acknowledge & understand greed and how it is inherent in all human nature. Third, build systems that minimize the damage done by individual or corporate greed. Check against consolidation, monopolization, and short term Wall St like thinking of endless growth. Four, make sure socialist programs exist to support everyone, and capitalism is not the only way to live, it's optional. When you think like that, the European nations seem to be doing things quite alright, but they are still vulnerable to greed. And so they must be vigilant against greed, not capitalism.

  • Greed, not capitalism is the root of evil. Fight me.

  • It's not just corporations. It's the individual over the collective. And that is just the nature of certain societies, specifically more competitive societies. In India for example, the mindset of everyone in traffic is 'me over others' - fuck everyone else, i grab what space I can get. If I don't, the next fucker will. Like if it starts raining, your 1 hour trip is now 3 hours, not 1.5 hours because there will be a jam at every intersection in the city. There are just so many people on the road and infrastructure (and society / government at large) that hasn't lent itself to cooperation but rather competition. It becomes their mindset, it becomes everyone's mindset. That is why many from that region turn right politically. I bet it's the same for many Latin countries.

  • Yes, please loop me in, I'd like to help with all I can, I can't code for shit, but can business problem solve all day long.

  • Waves of hate might be destructive, but the ocean eventually settles in calm harmony. Hate is self destructive, it is therefore short lived. Love prevails, and it is therefore eternal.

  • I just landed on this thread and choose to respond to you here, OP. I will say you're my kinda person :) I'm also an ethical business person and came to conclude that federated marketplaces are the future. I put together a community here (https://lemm.ee/c/fedonomy) but never posted anything. I've been thinking / working on this for over a year now, more on the incentive/ economic model and setting up a real life business in a very specific niche. I hate typing on the phone and there is too much to type and it's like 4 am. Please message me.

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  • Your anger & defensiveness are understandable & valid. I've come to accept that I can't convince most neurotypical people of jack shit because they are too hard wired into their individual and lack self-awareness / intelligence / will / curiosity to see things clearly. And they have no issue attacking your character if you question their opinion or ask them to reflect / reason.

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  • Haha, you are right and you know it. You need validation, and you'll get it here.

    I think you might be neurodivergent, but your friends are not. You're an independent thinker , quite logical, & you stick to your principles. You have to have it right. Self doubt & seeing through bullshit are also giveaways.

    Drug use is reasonable because you can reason so. Those who arrived at 'drugs bad' arrived because of social conditioning, not because they reasoned into that position. Therefore, you can't reason them out of that position.

    Stop trying to convince your 'friends' and do what your independent intelligence & gut instincts tell you.

  • Only the ones who saw it coming a decade ago are the ones who feel this way, like a slow moving nightmare come true while you scream away at all your friends and family only to be called a lunatic.

    The ones who are unable to reflect / reason / see clearly / are stuck in propaganda are hard to move from their position simply because of the nature of how they got there in the first place.

  • They were on the correct side of the value system, but could not bring themselves to agree to the tactical compromise.

  • This has been my conclusion as well after many years of deep reflection amidst my depression since the pandemic. The problem with current capitalism isn't markets, it's 'how vulnerable the entire system is to greed & power and if it can grow unchecked like cancer to corrupt the nervous system of society - the government itself'. This sure happened in the most capitalist nation of all as we're witnessing it now, but don't tell me a strong centrally controlled government isn't susceptible to it. A government that can dictate what you can & cannot make holds enormous power over all individuals. Markets really represent individual freedom. I can make a fucking cake and exchange it for whatever piece of jewelry I want from the free market. Currency just allows for easy exchange of goods. These are just tools, not the root of the problem.

    Edit: I've interpreted the bonsai tree as - Fedonomy, or federated economy, much like the fediverse, is a federated web of nodes, representing customers, producers, & service providers. It is an economic model that solves the problem of value creation, distribution, & consumption in a democratic, open, & equal manner without a middle man dictating the terms of such economy. It is the natural evolutionary step after capitalism.

    https://lemm.ee/c/fedonomy

    I created it and it’s empty.

  • We let this beast called greed grow unchecked for so long in the shadows and now it has come out in the open, stepping on the throat of democracy, equality, & freedom.

  • Hugs to you. I've migrated once but that was 2 decades ago. Now I have family & teenagers who I can't up & move easily and who still look forward to a future in America. I worry too.