this post was submitted on 20 Jul 2023
451 points (76.0% liked)

Asklemmy

43858 readers
1993 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago
MODERATORS
 

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!

you are viewing a single comment's thread
view the rest of the comments
[โ€“] many_bees@lemmy.world 4 points 1 year ago

The idea that it "should work" is both controversial, and doesn't help. As wealth accumulates at the top, they have less reason to give to anyone else. Human greed is encouraged by capitalism, and you end up with massive inequality when it's left unfettered. We're moving towards having robber barons again (or already do, depending on your viewpoint).

Not to mention, capitalism depends on consumption, of everything, and we are actively consuming the things we need in order for us to continue living on the planet. Capitalism doesn't care because it's all about profit, specifically in the short term because humans have short life spans and shorter memory and foresight.