this post was submitted on 20 Jul 2023
451 points (76.1% liked)

Asklemmy

43989 readers
696 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€“] weew@lemmy.ca 5 points 1 year ago* (last edited 1 year ago)

Add time goes on, capitalism constantly needs more and more restrictions placed on it to not utterly destroy society. Child labor laws, minimum wage, worker rights... capitalism is inherently against all of that because it makes less money.

Even today the rights that have been fought for over the past century, capitalism is trying to erode away, all in the name of greater profits. Child labor is back on the menu in some states. Minimum wage has not kept up with inflation. In the USA they've discovered that dying people are a captive audience, so they can charge them ridiculous money out the ass for whatever will keep them alive. Like, what are they going to do, go home and do surgery themselves? Wait until Black Friday for a sale on MRI scans? lol.

Nearly every right and freedom for anyone below the top 0.1% of earners is a continuous battle against capitalism to maintain.

You seem to have arrived late to the party and just assumed 21st century Western society is just the natural state of capitalism. No, this is capitalism after centuries of people fighting for their rights. Seriously, you need to study some history. Especially what life was like in the Victorian or early industrial era.