this post was submitted on 05 Oct 2024
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That's a fair critique. I don't like the capitalism we currently practice. I prefer a blend of socialism and capitalism - a social democracy if you will. I don't hate large corporations per se. I do hate those who commoditize basic necessities such as healthcare and housing. This is where i believe there should be no privatisation.
Social Democracy isn't a blend of Capitalism and Socialism, it's Capitalism with social safety nets.
Either way, what you describe maintains accumulation and monopolization, which results in more privitization and disparity, which we see in the Nordic Countries. There are no static systems.
So what does a blend of capitalism and socialism look like to you? I'm saying that sectors which can lead to unfair control over necessary resources should be solely controlled by the government.
And you say monopolization. Monopolization of what exactly? I don't think you care too much for the monopolization of the gaming industry or the video streaming industry do you?
Also, you emphasize wealth concentration. What exactly do you dislike about it? Especially considering that under a social democracy wealth is only at that point luxury since there is welfare available.
There isn't really such thing as a "blend," systems are either controlled by the bourgeoisie or proletariat. A socialist country with a large market sector is still socialist, a Capitalist country with a large public sector is still Capitalist. I recommend reading Socialism Developed China, not Capitalism.
Monopolization paves the way for socialization. Large, monopolist syndicates make themselves open to central planning and democratic control.
Wealth concentration leads to influence, which results in further privitization and erosion of social safety nets, like we see in the declining Nordic Countries.
Interesting. I still disagree with the impossibility of "blends", but i will take a look at that book you recommended. Thank you for the conversation.
No problem! Let me know if you have any questions.