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In reply to the discussion: Capitalism [View all]

GiqueCee

(706 posts)
26. Capitalism...
Sun Apr 14, 2024, 02:00 PM
Apr 14

... is the control of capital – MONEY – and is in no way, shape, or form synonymous with free enterprise, in fact, capitalists hate free enterprise because it gets in the way of their ultimate goal of establishing Feudalism v.2, where the oligarchs have total dominion over the lives of their vassals – that's us – and they have zero compunction about employing any and every means at their disposal to achieve that nefarious end.
The Soviets gave socialism a bad name, and capitalists harped on it constantly, but it is simply putting the best interests of people ahead of the best interests of corporations, which have NEVER given two shits about the harm they do to working people, the environment, and the world in general.
Here's an idea: Make every corporation a Benefit Corporation. From Wikipedia: "In business, and only in United States corporate law, a benefit corporation is a type of for-profit corporate entity whose goals include making a positive impact on society. Laws concerning conventional corporations typically do not define the "best interest of the corporation", which has led some to believe that increasing shareholder value (profits and/or share price) is the only overarching or compelling interest of a corporation.[1] Benefit corporations explicitly specify that profit is not their only goal. Their activities may or may not differ much from traditional corporations.[2] An ordinary corporation may change to a benefit corporation merely by stating in its approved corporate bylaws that it is a benefit corporation." Might want to stiffen the B-Corp requirements a bit.
Capitalism and predatory corporatism will not only be the death of America, they will ultimately spell the death of humanity, and all life on Earth if they are not brought to heel, and we are gaining speed toward that horrific end a lot faster than anyone wants to admit, but the science doesn't lie. Corporatists do. Their motto might as well be: "What has posterity ever done for me?"
To paraphrase Sun Tsu in "The Art of War," such people will burn the world to the ground just so they can rule over the ashes.

Capitalism [View all] onecaliberal Apr 14 OP
Funny how socialism hasn't caught on anywhere....... brooklynite Apr 14 #1
What about Democratic socialism? edhopper Apr 14 #3
And then Democratic Socialists help out by not challenging the term. brooklynite Apr 14 #4
That's not socialism. That's communism. Gotta get your isms correct. paleotn Apr 14 #8
Try, try again brooklynite Apr 14 #9
In the general parlance I'm correct and you're mincing words. paleotn Apr 14 #11
Just rearrange the word order and his problem Voltaire2 Apr 14 #12
Socialism is an economic system Zeitghost Apr 14 #24
I would posit that you mean social democracy, like we have here in Sweden & the other Nordics, NOT democratic socialism. Celerity Apr 14 #31
I kinda remember someone saying capitalism and socialism aren't mutually exclusive by any means. paleotn Apr 14 #6
plural and singular forms in proper Swedish Celerity Apr 14 #32
We have nothing else to blame. Voltaire2 Apr 14 #2
You do know socialism and capitalism aren't mutually exclusive. paleotn Apr 14 #5
Nothing works fine when it's bastardized to benefit one class onecaliberal Apr 14 #10
You're not getting my point. It's not black and white. paleotn Apr 14 #13
I get your point just fine. It's the other way around. onecaliberal Apr 14 #15
Words wasted on the wrong people I suppose. paleotn Apr 14 #19
Selfish and pathetic. They got theirs, they don't care. onecaliberal Apr 14 #20
We discarded regulation. Voltaire2 Apr 14 #14
Not everywhere. paleotn Apr 14 #17
You are confusing socialism Zeitghost Apr 14 #25
Then why the term Democratic Socialism? paleotn Apr 14 #28
Democratic Socialism Zeitghost Apr 14 #30
Absolutely correct we (Sweden) are not a socialist nation, but we do have more billionaires per capita than the US Celerity Apr 14 #33
I don't think that many people think that socialism or communism will take their freedom DFW Apr 14 #7
Funny how we deliberately sabotage any democratically Voltaire2 Apr 14 #16
I believe it takes a sprinkle of socialism to keep Emile Apr 14 #18
100% pandr32 Apr 14 #21
I fear DENVERPOPS Apr 14 #22
The people who stole the most from me, by far, markodochartaigh Apr 14 #23
Capitalism... GiqueCee Apr 14 #26
Our problem, IMO, is unrestrained and vulture Capitalism, The Unmitigated Gall Apr 14 #27
And it's not in the Constitution! SleeplessinSoCal Apr 14 #29
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