'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureate
'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureate
The attacks on democracy and freedom "have never been greater in my lifetime," warns Nobel Prize-winning economist Joseph Stiglitz.
cross-posted from: https://lemmy.ml/post/19046336
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Is that good reason that there is a minority that profits greatly from capitalism that has a majority convinced that they might once also be part of that winning team even though that believe isn't substantiated by any statistics, but the opposite is very much empirical proven?
No the good reason is that communism and socialism cannot exist as realistic economic principles. Now I remember what was it all about.
Communism is a system that lacks any motivation to do the work. There is no award. No gratification of ownership, getting higher on the ladder.
Thus it never works and countries starve.
What’s funny is that there are no examples of successful communism and thus all the attempts are proclaimed as ‘no true communism’.
The reason capitalism works is because it utilizes human greed. It needs boundaries and restraints of course because greed is infinite. We get the cream top achievers make and redistribute it to incentivise bottom ladder to climb.
State protects the vulnerable and minorities and sets boundaries. Upper boundary is the climate one. Lower one is essential necessities one.
And this is the ideal that some countries actually achieved. Unlike ideal of communism that never got even close. So instead of thinking about some utopias let’s just adopt everywhere the tried and true system.
Communism is a system that lacks any motivation to do the work. There is no award. No gratification of ownership, getting higher on the ladder.
Thus it never works and countries starve.
That is just bullshit that assumes people only work if there is a monetary benefit to be achieved. The most common provided reason is "human nature" which is easily disproven. There are many examples of societies where cooperation without this has worked.
What’s funny is that there are no examples of successful communism and thus all the attempts are proclaimed as ‘no true communism’.
There is a wide range of why communist experiments have failed. Most of the time it is because the revolution was compromised leading to authoritarian communism. I'm just going to hint to you that there are other, more desirable forms of communism. Which of them is "true" communism is not for me to decide.
The reason capitalism works is because it utilizes human greed. It needs boundaries and restraints of course because greed is infinite. We get the cream top achievers make and redistribute it to incentivise bottom ladder to climb.
This meritocratic ideology is what is being used to justify the differences between peoples incomes and way more importantly their wealth. Which is weird because the most common way of achieving wealth today is not by working hard but by inheritance, which has decidedly nothing to do with being a "top achiever".
State protects the vulnerable and minorities and sets boundaries. Upper boundary is the climate one. Lower one is essential necessities one.
The state protects first and foremost the right to ownership, which is not aligned with the desirable goals of protecting minorities and setting boundaries. It is aligned with these goals only so far as it keeps the status quo going, which means maximizing the profits for the few right up to the point where the many do not yet revolt.
And this is the ideal that some countries actually achieved.
I'm going to go ahead and have a laugh right here. What basically every "developed" state on earth has achieved is a system that allows capital to accumulate in the hands of ever few people. This isn't an opinion by the way, this is a straight up fact and has nothing to do with political views.
Unlike ideal of communism that never got even close. So instead of thinking about some utopias let’s just adopt everywhere the tried and true system.
The tried and true system is currently throwing us all in a climate crisis if the IPCC reports are to be believed. Which I think they can be. The tried and true system is accumulating the global wealth in the hands of very few people. The tried and true system is failing to implement a tax system that would actually allow to redistribute this wealth. Instead this tried and true system is forcing nations into a betting war for ever lower taxes on wealth "to keep production in their country" while the companies go around chasing the lowest taxes further fueling this circle.
I am tired of explaining why communism is a wishful thinking pipe dream that turns into authoritarianism every time.
Someone sold you magic solution horseshit and you swallowed it and asked for more. There are no magic solutions. Democracy and freedom is the only way. Collective slavery of communism must die.
I won’t waste my time any further. It’s a free country (yet). You are free to believe in communism even though you couldn’t have free beliefs under communism.
Any westoids that never knew communism and think it is amazing can go and remove themselves from the gene pool in my book.
I'm just going to point out that you are the one even bringing communism on the table and I am happy to discuss it. You brought that up as a response to my comment:
I get that being on the winner side is convenient. I am too. I just see that constantly winning seems to lead the world into a pretty bad state overall where, suddenly, noone is a winner anymore.
And all it would take to not get into the disaster scenario would be some redistribution. Doesn’t even mean you can’t be a winner anymore. Just means you get to win less hard.
To which you responded:
I am still not gonna vote for communism and neither socialism. Good luck with that stuff. It’s isolated to niche internet communities for good reasons.
I wasn't arguing that we just use the magic communism bullet to solve our problems. You just think that I am arguing that. I was and am of the opinion that we can improve the situation massively by increasing redistribution of wealth.
Edit: And I like the idea of communism in a theoretical way because I think it can be helpful to think about stuff that probably won't be implemented to get ideas on how the current system could be improved. The idea of distributing economical power more evenly is at core of socialism but it doing that in a moderate way doesnt require a revolution, it can be implemented in our current system. /Edit
Any westoids that never knew communism and think it is amazing can go and remove themselves from the gene pool in my book.
Thinking of people as less valuable to "the genepool" because their opinions differ is the kind of thinking that explains why liberals and fascists are so often political friends.
It’s a euphemism for willing sudden disappearance from environment of planet earth. Not literally anything with eugenics.
I could say they should consider halting their mitochondria for a day.
That's still suggesting they are worth less than other humans based on their opinions
communism is a wishful thinking pipe dream that turns into authoritarianism every time.
except every time it hasn't
If you continue to abuse the flagging system, you will be banned.
deal with the misinformation in your community
Yes? Is that a good answer? I can’t read this late I have my edibles, book, bed pipeline now
Also forgot what was even the convo back then