I think capitalism is fine in principle, but like anything else that needs limits and rules that people are willing to enforce.
this post was submitted on 06 Jan 2025
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I'm on the fence about this, because as far as I understand, the regulatory mechanisms that end up serving as the limitations you're talking about are actually contrary to the system's core principles.
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No, everyone doesn't hate capitalism.
but everyone hates the big companies and the rich people
its just that the right has been told that the left are the rich people (and then the left say that the neoliberals are the rich people, etc)
Do you think the problem with big companies and rich people is that individual rich people and the CEOs they elect just happen to be bad people?
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That's partially because like many other words and names (just consider Isis, an important goddess of ancient egypt), "socialism" to most people means the type of absolute control that communist countries usually feature. But of course, as a word/concept, socialism is just the application of socialist policies, not even remotely alluding to some absolute end goal or so. And naturally as a part of society except a tiny minority at the top, most people would benefit from more socialist policies.
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