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!

  • onescomplement@lemm.ee
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    1 year ago

    I think people often mix up capitalism with market-based economies. The former describes social relations while the former describes how commodities are distributed.

    I’m personally not a fan of either. A planned economy geared toward people’s need, with the withering away of socio-ecomic classes (no more worker and capitalist distriction) just makes better sense to me.

    • Nevoic@lemmy.world
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      1 year ago

      I’m a huge anti-capitalist/socialist, and often times I find it useful to use this mix-up of markets and capitalism in my favor.

      When people say “but we need capitalism because the alternative to markets is so bad” I say plainly that I’m not advocating against markets, I’m advocating against classes. The vast majority of self-described capitalists aren’t trying to defend massive corporations or employer exploitation, they’re defending markets.

      If all those pro market capitalists became market socialists, dismantling capitalism would be far easier, then we could have much more interesting discussions about the merits of markets and when to use them versus centralized planning, without a leech class exploiting wage slaves or scalping houses.