• Dr. Moose@lemmy.world
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    8 hours ago

    Capitalism is not the opposite of socialism in fact the people in the picture advocate for nordic style socialism which is very much capitalism based just with strong safety nets.

    • Samskara@sh.itjust.works
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      7 hours ago

      Nordic Style socialism is actually called social democracy. Americans are somehow latching onto the term given to them by the right.

      • DarkAri@lemmy.blahaj.zone
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        6 hours ago

        Hopefully they will realize that the best America has ever been outside of racial and social issues is when FDR was president who was basically a social Democrat, although he preferred the term progressive and new nationalist. The decades after his economic reforms were the greatest time in American history, and then the Republicans got power again with Nixon and started to dismantle all of it, by the time Regan was in office, he killed organized labor and cut taxes on corporations leading to the current situation of hyper Inflationary debt based economics.

        • BanMe@lemmy.world
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          4 hours ago

          This is exactly what needs to happen again. A bold progressive president who DGAF and builds some monumental new social programs and revives a strong welfare state, taking back the word “welfare” because it’s A GOOD thing to not watch your citizens starve to death in the street, and we once knew this.

      • FlyingCircus@lemmy.world
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        6 hours ago

        But those rules inevitably fail because under capitalism wealth always consolidates under the psychopaths and sociopaths. Like, there’s no way to have capitalism and not have that happen. It’s part of the fundamental structure of private ownership of capital.

        • FlyingSpaceCow@lemmy.ca
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          3 hours ago

          That’s not just money, but any form of power (in every system over time). Fighting it seems to be the eternal struggle.

        • EightBitBlood@lemmy.world
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          3 hours ago

          Limit the amount of capital that can be individually owned. Wealth cap. Sociopaths are going to sociopath, make it so they can’t have more money than a government and there wouldn’t be so many problems.

          • FlyingCircus@lemmy.world
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            2 hours ago

            Ok, institute a wealth cap and the people who have hit it will just bide their time until people get complacent, then start exerting power to roll it back. It happens with every reform and regulation that put limits on private ownership of capital. What we really need is to abolish private ownership entirely.

      • Dr. Moose@lemmy.world
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        7 hours ago

        Fully agree. Capitalism with strong safety net and social oversight is a really good system.

        • Social safety net promotes risk taking for businesses, grows economy and balances society against extremes
        • Social oversight prevents entities from gaming the system. There has to be a human dungeon master behind every system as every system can be gamed and corrupted within the rules of it. So external oversight is needed.

        People like to hate on capitalism but capitalism + social oversight is really the best system.

        • FlyingCircus@lemmy.world
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          6 hours ago

          Hard disagree. Any system that allows private accumulation of capital will create a class of wealthy individuals who then use their wealth to dismantle checks and balances. It’s inevitable.

          • bss03@infosec.pub
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            3 hours ago

            I think that if you make enough things democratically controlled, and have a proper secret ballot, that you can prevent wealth accumulation from being able to subvert democratic will.

            It doesn’t solve “tyranny of the majority”, tho.

            • FlyingCircus@lemmy.world
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              5 hours ago

              Look at this genius who thinks calling someone a “tankie” automatically wins the argument.

            • FlyingCircus@lemmy.world
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              4 hours ago

              Did you know that despite only having 4.5% of the world’s population, the USSR held 25% of the world’s prison population? Oh wait, no. Those statistics are for the USA right now.

      • melsaskca@lemmy.ca
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        7 hours ago

        Exactly! Every widget that sells well leads the inventor to think they can effectively run societies. How the hell does anyone make that leap?

    • leftzero@lemmy.dbzer0.com
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      7 hours ago

      From the American point of view anything that even dares to suggest the possibility that there might be limitations to corporations’ liberty to freely exploit and consume the population and their environment is communism, anarchy, heresy, and terrorism., and anathema to capitalism, democracy, and Freedom®(some limitations might apply).

      • Dr. Moose@lemmy.world
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        7 hours ago

        I hope America tries a bit of socialism next because they clearly have the power to do so. The billionaires will not pack up and start leaving, I just don’t see that ever happening. Especially when there are clear examples in California that is outcompeting every other state despite having higher taxes and more social programs.