this post was submitted on 13 Feb 2024
874 points (92.3% liked)

Political Memes

5601 readers
3399 users here now

Welcome to politcal memes!

These are our rules:

Be civilJokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.

No misinformationDon’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.

Posts should be memesRandom pictures do not qualify as memes. Relevance to politics is required.

No bots, spam or self-promotionFollow instance rules, ask for your bot to be allowed on this community.

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 10 months ago (1 children)

No I don't think capitalism created minimum wage. I think capitalism created factories and advanced technology. Minimum wage and regulations came from the people demanding rights. The workers in France and Norway are not pissing in bottles like the workers in America. France and Norway are still capitalist countries, their workers just have more rights and protections because they demanded that from their governments.

My point was capitalism isn't inherently a flawed idea nor is any other economic system. Regardless of what system is chosen, the people need to have rights. Economic systems don't address that; governments do.

American workers being mistreated is a failure in the American government, not capitalism. Nearly all countries on Earth are capitalist, and there are many where the workers are very happy and healthy.

[–] [email protected] 2 points 10 months ago

Capitalism didn't create factories or advanced technology. It grew alongside them, yes, but did not itself create them. At the end of the day, Engineers designed them and workers built them, not one person owning tools.

France and Norway are seeing rising disparity as Capitalism reaches a later stage. The workers have more power than in, say, the US, but not enough to stop or reverse disparity from increasing.

Capitalism is inherently flawed. From the fundamental exploitation within, to the Tendency for the Rate of Profit to Fall, to the tie with Imperialism, Capitalism naturally gets worse over time. "Enshittification."

American workers being mistreated by Capitalism because the Capitalists are strong enough to manipulate government in their favor is a fault of Capitalism. Even the happier Capitalist countries like the Nordic Countries are seeing increased rates of disparity and sliding protections. Competition pushes for this increased exploitation.