• Schmoo@slrpnk.net
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    6 months ago

    You don’t seem to understand what capitalism is. Capitalism is not the market, it specifically refers to the economic model in which the means of production are privately or corporately owned (as opposed to collectively) and development occurs via the accumulation and reinvestment (aka redistribution) of wealth by the same.

    Centralization is the crucial component of capitalism. Saying that the problem is centralization and not capitalism is like saying the problem with dictatorships is dictators and not dictatorship. You could say that if companies would just behave and reinvest/redistribute their wealth fairly and equitably then capitalism would be great, but you could also say that if we just had a benevolent dictator then dictatorship would be great. Accountability must be built into the system.

      • Schmoo@slrpnk.net
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        6 months ago

        You missed my point somehow so I’ll try to say it again more clearly. Centralization is inherent to capitalism and inseparable from it. Capitalism places the means of production, and therefore power, into the hands of private individuals. Those private individuals accumulate wealth which allows them to accumulate more wealth and on and on it goes, leading to further centralization of power. Any solution to this problem involves collectivizing the means of production in some way, which means it would no longer be capitalism.

          • Schmoo@slrpnk.net
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            6 months ago

            People can organize in a large variety of ways without centralizing power. This idea of “all economic systems suck, let’s just make capitalism better” is misguided. Decentralizing the power structure within capitalism is tantamount to moving away from capitalism. What you call the economic system that results from this doesn’t matter. The term communism for example is often used to refer to the communist party of the soviet union established by the Bolsheviks, despite the fact that the Bolsheviks betrayed the values for which the revolutionaries fought.

            Communism is, by its’ original envisioning, a fully decentralized economic system in which the means of production are collectively owned by the workers. Communism is decentralized by design and centralization results from flaws - often deliberate courtesy of selfish oppurtunists - in its’ implementation. Capitalism is centralized by design and decentralization results from flaws - also often deliberate courtesy of those like you seeking to make it better - in its’ implementation.

            Trying to “fix” capitalism by introducing flaws in its’ implementation will never make long lasting change; that can only come about by replacing the foundation of capitalism with something better.