Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
I agree with your point of view, and I think the solution is more governmental regulation. Billionaires and companies keep leeching for infinite growth, and I believe our system can work (and has proven it can work), if we allow a free market within reason.
Since the current system allows the people who make the rules to be bought, I think we’d have to start over entirely from scratch for it to work at all.
I think realistically the only way to fix that flaw would be starting over. Unrealistically, a constitutional amendment could solve a lot of those issues.
Regulations are indeed an important part of managing our system as it is, but they’re fundamentally a bandaid to the problems of capitalism.
You gotta catch the corporations doing a bad thing and then tell them not to do it, meanwhile they’re buying politicians to fight against you on it. And it still doesn’t stop them from committing actions that are horribly unethical and extremely damaging to our society and to the environment, they just tone it down a bit at best, or occasionally they’ll have to put a small fraction of their money into a lawsuit without actually changing their behavior.
Yeah, the relationship betweens corporations and our government absolutely has to change. I totally agree that the system is not at all working in that regard. It especially pisses me off when corporations break the law and the fines amount to nothing except the cost of doing business.
Yup. If we’re talking regulations then regulations on how much corporations can donate to politicians should be top of the list (and ideally that amount should be zero), but obviously both the politicians and the corporations like that donations are totally allowed, making it difficult to pass such things…