this post was submitted on 02 Dec 2024
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I'd argue it's capitalism without guardrails for consumer and worker protections that's more problematic than capitalism itself. Just like with socialism, if it isn't implemented and/or continually protected correctly, it eventually spirals into degeneracy.
And I'd like for society to avoid violence as much as possible. Anyone that throws that out as an option without heavy hesitation are those that haven't experienced the horrors of open warfare/ violence at scale.
I’m not saying I support it, I’m saying that’s what’s going to happen. We’ve had numerous options for off ramps from this hot mess but the democrats block any kind of left wing legislation and improvement of people’s lives. They’re frauds who protect their class interests above all else. They’re not gonna do shit about fascism.
Capitalism with guardrails and protections just hasn't advanced to late stage yet. It is a temporary state.
See the repeal of glass steagall act in 1999. Yes in 1933 when the act was originally passed, guardrails were implemented. Guess what, they got removed.
Reforming capitalism is a temporary measure. Externalizing the consequences of capitalism to future generations.
That primarily happens due to voters going against their own interests. If society actively undermines their own protections eventually, then no economic and/or governing system will solve that problem.
Especially when control of mass media is consolidated into only a few people.