this post was submitted on 12 Aug 2024
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[–] Rookwood 153 points 4 months ago* (last edited 4 months ago) (3 children)

The reason capitalism leads to fascism is that inevitably capitalism will lead to untenable inequality. Injustice will be too great to ignore between the rich and the rest. This will lead to populism.

There are two forms of populism. One will seek to rectify the imbalances caused by capitalism. The other will seek to divert blame to minorities. If there were less blacks, immigrants, gays, Jews, etc. etc. then our society would not be in decay. One is much more useful to the Capitalist and so it will ultimately prevail. The capitalist will devote all resources to crushing the leftist populism up to and including directly funding fascism.

[–] [email protected] 22 points 4 months ago

One is much more useful to the Capitalist and so it will ultimately prevail. The capitalist will devote all resources to crushing the leftist populism up to and including directly funding fascism.

Unless. We have to spread these ideas to as many people as possible. We can't afford to call it early.

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[–] Xenny 128 points 4 months ago (9 children)

What does capitalism do when there is nothing left to take? It keeps taking

[–] veganpizza69 12 points 4 months ago (9 children)

It goes keto and eats itself.

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[–] ulkesh 100 points 4 months ago (16 children)

Thing is…there is no real free market with proper competition, anyway. If there was such a thing, my groceries wouldn’t cost double now from what they were a mere five years ago (or quadruple, if looking at soda like Coke and Pepsi products). There is rampant collusion and price-fixing going on and not a damn government official seems to be doing anything about it. And yeah, the “but but the pandemic” excuse runs pretty thin as the years of this gouging continues.

[–] [email protected] 62 points 4 months ago (22 children)

The truth is, a real market is never actually truly competitive. In an unregulated market, competing firms always collude with each other to set prices and wages for the industry. "Free market" ideology is based on nonsense, they've proven this over and over.

[–] lightnegative 20 points 4 months ago (1 children)

In a free market, aren't you free to collude with your competitors in order to fix prices?

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[–] PugJesus 12 points 4 months ago

In an unregulated market

There's no such thing. All markets are regulated. Even ones dominated by cartels. Markets do not meaningfully exist without regulation. The only question is how they're regulated.

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[–] [email protected] 36 points 4 months ago

Funnily enough, not even neoliberals believe in the free market regardless of how much they spout its nonsense.

Thatcher was one of such neoliberals, she would always talk about how people should become self-sufficient and governments shouldn't interfere in the free market for it to truly work and so on, but during her rule she was spending billions in subsidies for corporations (aka government interference in the free market). Of course, they weren't called subsidies in the paperwork but some other bullshit like "public investment", but their effect was still the same.

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[–] [email protected] 84 points 4 months ago* (last edited 4 months ago) (57 children)

Some of the comments in this thread really tell you why it takes a novel laureate to say this. Some of y'all do not have a basic understanding of history, economic systems, or what the term reactionary actually means.

The correct response to "neo liberal capitalism has contributed to the rise of fascism" should be "no shit, Sherlock"

It's truly sad that that isn't 100% of the comments here.

Scratch a liberal and a fascist bleed, y'all. That doesn't mean all liberals are fascist, that means that fascism is an outgrowth of liberalism.

And just in case y'all also don't know what that means, "liberalism" in that context isn't "Obama liberal, Bush conservative," it means the political ideology of liberalism, of which both Bush and Obama were proponents of.

ETA: I'm not engaging anymore.. it's not my job to teach y'all the difference between an economic system and authoritarian states. Also, your magic has no power here, I am an anarchist, not a stalinist. Please educate yourselves. If for no other reason, do it to make it easier to pwn the tankies or whatever the fuck

[–] [email protected] 17 points 4 months ago (8 children)

Scratch a liberal and a fascist bleed, y'all.

I really, really hate that expression. It's like it's purposely designed to alienate people with mostly good intentions telling them they're no different from horrible people they hate with a fiery passion.

That doesn't mean all liberals are fascist, that means that fascism is an outgrowth of liberalism.

Saying it means something other than what it plainly does mean doesn't make it any better. Maybe it means that to you, but any slogan you have to explain is a shit slogan. All it does is signal membership in your in-group while telling everyone else who hears it that you're part of their out-group.

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[–] [email protected] 70 points 4 months ago (7 children)

i hate it when I hear people making the claim that it is capitalism that has helped so many people in the world with better quality of life and more opportunities and better outcomes, etc.

Capitalism is a fucking disease that we need to rid ourselves of, it is worse than Ebola the way it infects our minds with the dumbest shit.

You know what has made lives better for billions of people? The washing machine and the cotton gin and fucking electricity.

Capitalism has fought against progress every step of the way.

[–] Buddahriffic 45 points 4 months ago (2 children)

Capitalism was nice when it first popped up. Because it was an improvement over feudalism.

Actually, it wasn't that nice when it first popped up, considering the first capitalist ventures were colonialism (including the conquest of the Aztec and Incan empires and the east Indian tea company that was worse for India than Hitler was for Europe).

But it was relatively nice because before capitalism, most development needed to be done by the king, who had limited funds. Bankers had been building wealth and capitalism allowed them to become new sub kings with their own empires. More empires meant more development, which also means a lot of employment, so it did increase the quality of life for many people as they got paid to improve things around them and new products popped up.

But we've since outgrown the whole kings thing for control of a geographic or political region while corporations are still run like dictatorships (with the executive team acting as sub kings for the board, which acts as sub kings for the shareholders, where institutional investors dominate, which just makes the whole thing less transparent because those institutions also have similar command structures).

So while there is some truth to capitalism having had a positive impact, the overall story is more complicated than that (the plunder from colonialism made it look a lot better at a high price in the colonies, and it was a relative improvement to "only the lord of the land can develop it and benefit from that improvement") and society has generally since rejected that model for running political regions but the economic model has yet to catch up.

The capitalists are resisting that change similarly to how the kings resisted changing from monarchies to republics and have been since around WWI and the fascist regimes of the 20s and 30s were a result of capitalists siding with them to prevent various leftist movements from gaining power.

[–] [email protected] 12 points 4 months ago

Colonialism was pursued under the economic theory of mercantilism and capitalist thinkers explicitly separated their ideas from it (among other things by emphasis on the idea that the best kind of wealth is tools instead of gold and as a result the pursuit of wealth can be cooperative instead of zero sum game), but otherwise sure it all looks the same in the end. It's not like capitalists ever stopped and said "No, don't invade that country for its natural resources, that goes against our principles of making more money."

[–] P1nkman 12 points 4 months ago

Fucking well put!

[–] [email protected] 21 points 4 months ago* (last edited 4 months ago) (2 children)

Capitalism puts greed at the wheel and, naturally, ~~inventions~~ products are churned out, some really useful, some terrible. To make it work, you need to regulate hard to keep the greed from taking over the innovation.

[–] [email protected] 11 points 4 months ago (1 children)

Suffering as a means of production is the heart of capitalism

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[–] [email protected] 57 points 4 months ago (9 children)

By the nine divines... Why does it take libs 80 years extra to reach the conclusions that Marxists have already described in detail in the last century...

[–] [email protected] 29 points 4 months ago* (last edited 4 months ago) (1 children)

Most people who were paying attention to the world when 1929 happened and witnessed the consequences up to 1945 are dying now. The people who were paying attention to the world when 2008 happened haven't seen how the story ends.

[–] [email protected] 14 points 4 months ago (1 children)

Oddly, 1929-1945 and 2008-2024 are the same distance apart. Were you trying to do that or is it just eerie coincidence?

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[–] Angry_Autist 14 points 4 months ago

Mainly because we spent 80 years being told to snitch on our neighbors and that commies are the devil himself come to wipe the world clean of good moral people.

It's still going to be a long time till Marx is given an objective position in western society, if ever.

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[–] [email protected] 54 points 4 months ago

"People who are barely surviving have extremely limited freedom," he writes.

"All their time and energy go into earning enough money to pay for groceries, shelter, and transportation to jobs … a good society would do something about the deprivations, or reductions in freedom, for people with low incomes.

[–] njm1314 52 points 4 months ago (54 children)

Well of course it has, fascism is the end result of capitalism. Some would say it's natural conclusion.

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[–] [email protected] 44 points 4 months ago (1 children)
[–] [email protected] 20 points 4 months ago

*Milton Friedman

And every president since Reagan, including him.

[–] [email protected] 42 points 4 months ago (1 children)

ya thats not a bug thats a feature

[–] xenoclast 21 points 4 months ago* (last edited 4 months ago) (2 children)

Yes. That is how it works. It doesn't take a genius to extrapolate these outcomes. It actually takes concerted effort through propaganda and misinformation to maintain the level of cognitive dissonance we have about it.

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[–] expatriado 34 points 4 months ago (3 children)

if you want to implement unpopular policies, authoritarian regime is the way

[–] [email protected] 15 points 4 months ago (2 children)

The depressing thing is that fascists are popular enough to gain power. The populist pose, some scapegoating of minorities, and a dash of lying about their goals, is enough to win over many voters, and in a first-past-the-post system it doesn't matter if the majority of the people don't like them.

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[–] TheDemonBuer 30 points 4 months ago* (last edited 4 months ago) (2 children)

A lot of economists don't listen to anything Joseph Stiglitz says, because he's not from the Chicago school. Economics is so stupid.

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[–] raspberriesareyummy 14 points 4 months ago

no shit, Sherlock. Still, glad to see it in the news.

[–] [email protected] 14 points 4 months ago (1 children)

I used to be a libertarian and believed in the whole 'freer the market freer the people' shit...

But then I grew up.

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[–] TrueStoryBob 13 points 4 months ago

In other news, meteorologist says the sky is blue.

[–] [email protected] 11 points 4 months ago (6 children)

This is absolutely shocking to anyone that hasn't read basic theory. If this surprises you I strongly recommend you read the Principles of Communism to start.

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