'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureate - eviltoast
  • 𝓔𝓶𝓶𝓲𝓮@lemm.ee
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    3 months ago

    Let me tell you what happened here some time ago.
    After the government seized the means of production to people they gave each worker a share in the company.
    On that same day the workers sold it or lost it, bought vodka or cigarettes for the few pennies they made. Not much was left in the original hands. Someone bought the majority.

    The ideal economic system works perfect under perfect conditions. Capitalism works ok under most of conditions.

    Evolution of economic systems is not a history of choosing the perfect one but elimination of these that failed.

    • jorp@lemmy.world
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      3 months ago

      That’s a poor implementation just like there are myriad poor implementations of capitalism

        • jorp@lemmy.world
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          3 months ago

          Therefore there can never be?

          Democracy took a 1.5 thousand year L. France implemented it then reverted to Empire.

          You would have been saying democracy can’t work.

          • 𝓔𝓶𝓶𝓲𝓮@lemm.ee
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            3 months ago

            It was an idea that evolved over the years.
            There’s plenty of failed ideas. Maybe capitalism is another one that will be replaced by something better. Only time will tell. It will be exciting if a replacement happens in my lifetime. Bad systems die so no worries but what constitutes a bad system also depends on available resources.

            • jorp@lemmy.world
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              3 months ago

              When Empires collapse bad things happen, capitalism is a global Empire. If we let it self destruct we’ll destruct with it. It’ll collapse, that’s certain, but if we just wait then we have no agency over what comes next.

              It has to be replaced.

              • 𝓔𝓶𝓶𝓲𝓮@lemm.ee
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                3 months ago

                Good luck then. I will be observing these efforts with great interest and some popcorn. Just tell me when the first season starts.

                • jorp@lemmy.world
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                  3 months ago

                  We get it, you’re an apathetic obstacle to progress and your descendants will pass judgement on you for that. I hope you continue to stay out of the way, rather than joining other liberals on the fascist side.