Except that is true with any social or economic system. You unregulate your president, good luck getting that back under control. You unregulate your communist party/planning committee, hello Stallin my old friend.
Humans who accumulate power in any system can corrupt said system. And every system has opportunities to accumulate power.
At least in capitalism it’s slower, giving people more time to react. Even now, the state of US capitalism seems easier to reverse than e.g. the dictatorship of Chinese communist party.
Hazzard@lemmy.zip 15 hours ago
Exactly, actually, I’d say I agree. As much as we’re clearly in a bad state, I’d say for how late we are into this cycle, we’re still better off than in a dictatorship or the ways other systems unravel. I don’t think any political system can be incorruptible, so long as humans are involved (as they absolutely should be), and this isn’t the worst state imaginable.
As a friend often says, “democracy isn’t perfect, but it’s the best thing we’ve got so far”, and I think the same goes for regulated capitalism, with working anti-trust and taxation.
DreamlandLividity@lemmy.world 11 hours ago
Exactly. I agree. The most important thing is public participation, putting pressure on their leaders to keep the corruption low and well hidden. There are ways for people to hold their leaders accountable. The tragedy is when people are apathetic and don’t do so. When bribes can be received in the open and people just tolerate them calling them lobbying, then there is no hope keeping the system working for the people. The leaders will not stop from the goodness of their hearts.
Hazzard@lemmy.zip 10 hours ago
Yeah, I’m starting to think this is the heart of the cycle. When things are good, people stop worrying about the details and trust their governments to keep things as is, it’s only when things stop working that the average person starts paying attention and advocating for themselves, and history is forgotten until it repeats itself.