this post was submitted on 11 Oct 2023
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Capitalism does not work reasonably well most the time. Unchecked it leads to countless busts and Booms that leave the average person destitute. You really should look into the history of the early 20th century. The only reason we even still have capitalism. Is because of two massive world wars. Slaughtering and grinding up many tens of millions of people. As well as passage of basic Social Security nets. We've largely at least abandoned the spirit of. If if not in practice as well.
Capitalism has been a failure at every level. Constantly. That isn't a justification or Praise of leninism. There's a lot of other ideologies on the Socialist side Beyond leninism. And they don't require large National level government. Look into them sometime.
Is there any system that is more fair and/or gives you more freedom? I havent found any.
On a hypothetically completely free capitalist market, I can sell and buy whatever I wish and the value that I get when selling directly correlates to the value I'm bringing to the buyer. If I generated a lot of value, I have more capital so I can also buy more value using that capital. Sounds fantastic in theory.
In an unregulated free market, you could buy milk, drink it and fucking die because it had poison in it.
Yeah of course thats why there are regulations in place. Nobldy would trust that milj seller again though, so for cases that are not as bad as a human life being ended, the system would still work...
Regulations?? No way. I said free market.
Whats your point then? That a completely free market is bad? Yeah, thats why we dont have one.
Of course not! Free markets are great, they allow me to make money however I please. But if you're gonna regulate my business, at least leave me the opportunity to exploit my workers to some extent. I won't be made obsolete by some stoner beatniks who think they can run my business better than I can in some high-falutin' democracy. I own this place. It's mine. I bought it with my own bank account.