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(WEEKLY) Capitalism / Economic Systems (lemmy.ca)

submitted 8 months ago* (last edited 8 months ago) by [email protected] to c/[email protected]

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Reminder: This post is from the Community Actual Discussion. You’re encouraged to use voting for elevating constructive, or lowering unproductive, posts and comments here. When disagreeing, replies detailing your views are appreciated. For other rules, please see this pinned thread. Thanks!

This week’s Weekly discussion thread will be focused on Capitalism / Economic Systems. Here is the definition we will be using so everyone can use the same terminology. If your argument does not use that definition, we ask that you reframe so that it does so that everyone can work within the same framework.

Here are some questions that should help kickstart things:

Is capitalism effective? Is it good, or as evil as some Lemmy instances will have you believe?
Are there better alternatives, and why are they better?
How could we realistically move toward those alternatives?
Is there anything you do not understand or would like to discuss about Capitalism / Economic Systems?

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[–] [email protected] 4 points 8 months ago (1 children)

I agree, especially the last sentence.

In practice though, what has happened is capitalists use their money and power to push back against any popular social movement making a certain amount of state violence against them necessary. People end up in jail, disappeared, fall out of high windows, protests get responded to with tanks, etc. It's either crush the capitalists as a class or have constant civil strife. Neither are great.

Sure, the worker's human rights could be the same or better but the capitalists 'human rights' (as they see them) get reduced. And there's not a sharp delineation between who is a worker and who is a capitalist. When who gets rights and who doesn't is determined by politicians, then effectively no one has rights they can count on.

So yeah it's all a big ball of mud all mixed together with worldviews, values, politics and different priorities. Pretty hard to say what's objectively better all of the time.

[–] [email protected] 1 points 8 months ago* (last edited 8 months ago)

I am a liberal, so I support equality before the law. The difference between economic democracy and capitalism is that the legal system would protect the inalienable right to workers' control (see other comments here). This would be an extension of the recognized inalienable right to democracy into the economy. All firms would be structured as democratic worker coops.
There is no right to deny others' rights.

How is anti-capitalism different from opposing other unjust power?