this post was submitted on 01 Feb 2025
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ID: WookieeMark @EvilGenXer posted:

"OK so look, Capitalism is right wing.

Period.

If you are pro-capitalism, you are Right Wing.

There is no pro-capitalist Left. That's a polite fiction in the US that no one can afford any longer as the ecosystem is actually collapsing around us."

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[–] [email protected] 19 points 6 days ago (2 children)

I think it’s important to clarify that markets and the use of money are not exclusive to capitalism. Under capitalism, the point of markets is to accumulate money absent of any actual project or goal, and money is the way the capital holding class keeps score. In other systems, the point of markets is to connect people who have some item with people who need or want that item and money is the means of exchange. Markets are fine for distributing excess materials and labor, once people’s basic needs are met.

[–] [email protected] 4 points 6 days ago

Definitely something people forget when talking about money in general. Capitalism warps the meaning of "value", money is just the closest we have to display a certain value in a tangible form. In itself, money is merely a tool for universal exchange of goods. A tool that's unfathomably useful no matter the system it exists in.

Imagine we treat money like US citizens treat measurements. "Yeah, I'd like to buy these produce for about the value of 1 middle-sized football field". What.

[–] [email protected] 1 points 5 days ago

Markets can efficiently allocate resources and they also foster competition. That enables decentralized innovation and optimization.

A major error of many leftists is to see markets as undesirable. There are always markets. Rightwingers often confuse an unregulated market with a free market, which is very misleading. Markets need regulation in order to be free.

Markets are fine for distributing excess materials and labor, once people’s basic needs are met

You can achieve that for example by having the market for housing and food be dominated by publicly owned enterprises.