806
'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureate
(www.abc.net.au)
this post was submitted on 12 Aug 2024
806 points (96.8% liked)
World News
38936 readers
4216 users here now
A community for discussing events around the World
Rules:
-
Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
-
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
-
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
-
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
-
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
-
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
-
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
-
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
Lemmy World Partners
News [email protected]
Politics [email protected]
World Politics [email protected]
Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Exactly, capitalist markets are really good at extracting resources from the land and labour from the people to make a profit, they just don't know where to stop until it's too late, unless they are regulated.
You're trying to paint production in a negative way, while in reality competitive markets converge to most fair prices
Law of supply and demand dictates that too low wage will fail to attract workers, while too high wage will result in product that is too expensive and won't attract customers willing to buy.
It's a beautiful, self regulating communication network that pays well for stuff that is in demand and pays little for things nobody wants
Too low wage and the government will top up those being underpaid by their employer, effectively passing on part of the burden of pay to the tax payer.
If wages rise too high, the government will always step in to make sure it doesn't continue.
Its highly externally regulated and ultra manipulated by the people who buy labour and own for their money. Sadly, some people still beleive in the "invisible hand" blessed be its name story.
What do you mean by that? If you mean progressive taxation then I agree - IMO this is an inevitable result of democracy - in particular one citizen one vote rule.
Progressive taxation of middle class and spending that money on benefits for poor is a way of buying votes. If you can buy multiple votes of poor people at expense of one middle class vote, it's a winning strategy.
Progressive taxation is fair: someone who makes 0 from the way society is structured pays 0, because the system is clearly not working for them. Someone who makes the average wage contributes accordingly, but they are not a winner. People who are doing very well are paying a premium to society for creating the conditions for them to be doing so well.
Too bad that when you go even higher the effective tax goes down again due to all sorts of accounting tricks and outright evasion.
Pesky voting rights! For too long have the ultra wealthy had to suffer under the dictatorship of the majority. Votes should cost money and there should be no limit to how many you can buy.