Hi all,

I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.

Cheers!

  • BaroqueInMind@kbin.social
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    1 year ago

    Please identify where this concept currently exists in the real world and is currently successful.

    Edit: I’m a socialist, and yet all the hypocritical communists here that are using devices made using capitalist infrastructure with the money they earned participating in a globalized capitalist market are coping by down voting me and rather prefer not answering the question.

    • planetaryprotection@kbin.social
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      1 year ago

      Worker cooperatives (and often cooperatives in general) are an example of this. They almost always exist within a capitalist system, so are not able to completely separate themselves from all aspects of capitalism, but they are definitely examples of common ownership of means of production.

      Specifically you can look up the Mondragon Corporation which is probably the biggest/best known example of a workers cooperative but there are many others. There are lots of variations on this same concept - one where risk, rewards, and decision-making are shared more equitably among everybody participating. I think the most interesting are food co-ops (and sometimes CSAs), utility cooperatives, and housing cooperatives. These are all over the place and are often quietly successful examples of common ownership.

    • NewDark@sh.itjust.works
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      1 year ago

      It’s hard to when any of those experiments have been met with bombs, embargoes, coups, and other fuckery

    • linuxoveruser@lemmy.ml
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      1 year ago

      Asking why collective ownership of the means of production does not exist in our “globalized capitalist market,” while denying or ignoring the efforts of the Unied States and other rich capitalist nations to actively prevent any such nation from ever existing, is disingenuous at best. The United States in particular has a long history of involvement in regime changes / coups of left-wing governments, even those instituted by entirely democratic means.

      • BaroqueInMind@kbin.social
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        1 year ago

        Ok, so throughout the several tens of thousands of years of modern human civilization, there have been different kinds of economic systems, all of which had cultures that were supported by them and utilized their economic systems to attack each other relentlessly.

        Why has free market globalized capitalism survived so well consistently the entire time?

        Are you seriously trying to argue here that communism is so weak it can’t survive attacks from the outside by a fragile failure that is capitalism?