That’s what government is supposed to be for. To regulate. Capitalism is like a car, or a train. When under control, harnessed, maintained, directed, it is an amazing engine for accomplishing things. When out of control, it’s deadly.
Comment on I wonder if the "money can't buy you happiness" people ever lived in a car.
comfy@lemmy.ml 20 hours agoLiquidate the billionaires… assets, of course.
If it were that simple, then we should just liquidate the billionaires with rifles. They deserve no respect.
Unfortunately, they’re just the symptom of systematic issues of capitalist political economy, so without solving that, new billionaires will emerge.
Cryophilia@lemmy.world 11 hours ago
save_the_humans@leminal.space 9 hours ago
Capitalist markets are built off of the idea that people are inherently self serving and the ensuing competition will benefit people with lower prices, better products, etc to meet their own selfish needs. Capitalism uses capital to gain more capital, and is exploitative by design. When a company acts in a way to maximize profits, and appease shareholders, they’re doing it selfishly, with total disregard for others or the environment, in a system that rewards their actions. This is quite like psychotic, or sociopathic, behavior.
I just think trying to control this is a losing battle, and what we really need are foundational changes to values, motives, and what gets rewarded and how.
Cryophilia@lemmy.world 5 hours ago
Capitalist markets are built off of the idea that people are inherently self serving
You think they’re not?
Fuhgeddaboutit@sopuli.xyz 10 hours ago
Garys Economics on Youtube talks about this and his proposed solution. He’s worth checking out.