Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
6) No US Politics.
Please don't post about current US Politics. If you need to do this, try !politicaldiscussion@lemmy.world or !askusa@discuss.online
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
view the rest of the comments
I want to respond but would ask if you would humor me in my line of questioning. If not, no worries.
Why should we assume that without the influence of nepotism that capitalism will continue on the same path of corporate greed?
Human nature. I don't think it's the worst economic system, but if you measure everything in dollars, and say that a business venture's only task is to make value measured in dollars, I don't see how it can avoid exploitation.
As an accountant I want to say it might work if businesses were required to pay all the costs they currently externalize and hand to society and the future (so pollution or underpaying employees would be more expensive than being clean and paying more of the $ to the workers) but I'm not completely convinced.
As it stands now, companies become profitable because they aren't paying what it costs to produce their stuff. It seems baked into the system.
So, in my mind wealth should last a generation. That is, wealth that is allowed to compete in the market. Ok, well that's nebulous but it is also a new idea to me. Say a CEO at the end of his life has no choice but to pass on his wealth to his children, which then can't re-enter the market as an investment tool but can only be used for consumer goods and services or maybe residential real estate. Or alternatively putting it back into the company as means for growth which can propel others into higher levels of management. Anyway, kinda just wanted to have this discussion from the onset.
Thanks for being a bro.