There is a competing system that capitalism has to outperform.
That’s an interesting thought. Still trying to wrap my mind around how it might work.
Comment on The existence of billionaires is a policy failure
kandoh@reddthat.com 3 days agoI think capitalism can work depending on two things
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The state must discipline and tax the capitalists constantly.
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There is a competing system that capitalism has to outperform.
senorseco@lemmy.today 2 days ago
kandoh@reddthat.com 2 days ago
Basically like the cold war.
NotMyOldRedditName@lemmy.world 2 days ago
Public services.
E.g A well funded and not abused USPS.
Frumple@lemmy.ca 3 days ago
No, what actually ends up happening is the capitalists constantly pressure and influence the state to not tax them and not discipline them. It’s hard for the state to say “no” to that kind of money.
FlyingCircus@lemmy.world 3 days ago
It’s especially hard for the state to say no because the state is run by the capitalists themselves. They are the same people.