'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureate - eviltoast
  • BlackLaZoR@kbin.run
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    3 months ago

    capitalist benevolence

    Capitalism is neither benevolent nor malevolent - it just happens it has most aligned incentives between egoistic actors

    forced capitalist governments to make concessions

    Really, really not. People were escaping from socialist USSR republics to western countries. This is why USSR decided to build a wall - their disfunctional system couldn’t compete

    • Gsus4@mander.xyz
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      3 months ago

      The New Deal is an example of capitalists understanding that you need to make some concessions to keep the peace, I’d call that sorta benevolent.

      About the USSR: yes, people escaped it, but there was a chance that democracies would flip communist if you squeezed the population too much, so there was a political incentive to creating social policies to control capitalist forces. Without fear of the USSR agitators and backing, they had less incentive to compromise a.k.a. TINA.