this post was submitted on 31 Dec 2023
273 points (95.7% liked)
Technology
59676 readers
3850 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Can you honestly look at the state of society (and the planet, in a more literal sense) and say that capitalism is doing a good job…? It’s rampant with corruption and suffering.
It's doing a not so bad job in a few countries (spoiler: the US is not among them), e.g. Finland, Denmark, Germany, Canada. I'm not saying it's a perfect system, not even a good system, just that it's a good place to start.
Wealth redistribution requires that there's wealth to begin with, and capitalism is clearly the system with the best incentives to create wealth. You just need strong policies to prevent sociopaths a la Musk, Thiel or Bezos to try to hoard "all the money", to easily break up monopolies, etc.
Canada is not doing okay, its government is clearly corrupt and has no problem letting the population flounder in a housing crisis. Harper’s era was about pulling money away from crown corps in favour of paying companies friendly to the Conservative Party.