this post was submitted on 20 Jul 2023
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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[โ€“] webb@lemmy.sdf.org 1 points 1 year ago

The Fediverse is dominated by hackers, who by their nature are incompatible with existing systems such as capitalism.

[โ€“] JuliusSeizure@lemmy.sdf.org 1 points 1 year ago (4 children)

Capitalism isn't the problem. The problem are too big to fail SROs. End central banking and aggressively pursue antitrust to break up mega conglomerates like Citadel, Blackrock, Vanguard, Meta, Google, Microsoft, etc, so we can actually have a sane and open society rather than this corporate/media/government bloc that is currently running the world to ruin.

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[โ€“] Droptherock@lemmy.blahaj.zone 1 points 1 year ago (2 children)

I think that I hear the argument against capitalism the most from people who reference unskilled labor. Sure, the person working in a warehouse is getting screwed wage-wise because the company is greedy and they doesn't have a unique skill set. But the guy in the office that is maintaining a proprietary piece of software has the leverage to demand a higher wage. I think when it comes down to it, capitalism is just another version of the economic "game". I prefer this game to socialism (or really any other economic philosophy) as I know how to work the current system better. Don't want to get screwed in your career? Specialize! I understand a lot of people don't want to hear this as it puts the impetus on us instead of the rich,, but that's how the system works (for now). I will always be on-board with people wanting to better themselves and their situation (especially at the expense of the rich) but getting something for nothing just isn't realistic without massive mobilization of the lowest wage earners. Not to mention the hurdles in our government.

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