True, though trying to insert capitalism into an authoritarian system is often an awkward fit, as we’ve clearly seen in China. If the government can quickly change the rules and pull the rug out from under companies, it makes it very difficult to plan and very risky to do business in that country. We’re seeing this on a smaller scale with Trump’s authoritarian moves within the executive branch in the U.S.For a long time, it persisted under the illusion that capitalism = freedom and democracy. When, really, freedom and democracy are their own things and capitalism is just an economic system.
Someone needs to tally up the per capita cost of implementing that approach in the U.S. and see what it would really mean, and what would be required to cover it with tax revenue. I don’t think Americans would respond well to European-level gas prices and a 20% VAT.I think a form of socialism (as in state guaranteed healthcare, education, measures to ensure housing affordability, worker protections against being fucked over by their employers, etc) with some free market elements around things that aren’t basic necessities, along with a democratic government can work fine.
True, but once corruption sets in on a system without extensive checks and balances, the march toward authoritarianism becomes inevitable, either to impose control on a system that’s spiraling out of control, or to impose the will of the corrupt people who managed to weasel their way into decisionmaking roles.Communism isn't inherently authoritarian; it's an economic model.
Why is that, and why are there no real world examples of it succeeding at scale, then?There's no reason why this shouldn't be scalable to larger models.
Yes, but that’s the whole point. Capitalism tends to work better because it harnesses greed for the greater good, but it requires extensive checks and balances and regulation to prevent that greed from biting the hand that feeds. Just like harnessing dangerous animals and putting them to work, you have to have and enforce strict safety protocols to avoid having your head bitten off.Before we start with the "but human greed, corruption, yadda yadda yadda", we are already experiencing these very same things under capitalism.
…and yet I assume you still own a phone and eat chocolate…?They use child slavery so that we can get cheap phones or chocolate.
Yes, this is obscene. We should consider capping total executive compensation at 40x the total compensation of the lowest-paid employee or contractor at the company. That way they can still be paid a massive premium, but if they want more, they have to raise all the boats with them, or start to dump unrealistically cheap overseas labor.The CEOs are getting paychecks in the millions-range, while the workers are dreaming about becoming a millionaire, at the same time as they are becoming poorer and poorer.
Well, there’s also the standard of living that richer countries have become accustomed to, and whose populations would be unlikely to give up willingly.We are consuming resources at a rate that cannot be replenished, even though there's absolutely no reason to do that except for corporate greed.
The Sweden (and in part others, although multiple historians claim Sweden were in many ways the most leftist of the democratic western states) of the late 1960-1970s were doing this, but in a light version and more importantly, pre internet and pre globalization (the late 70's saw the first election of a right-center coalition that started to implement european liberal policy). It was a mix of capitalism and socialism, though with some obvious flaws with authoritarian, or at least, non-capitalist overtones with few or none non-public options of core services like TV, Radio, infrastructure etc with mountains of bureaucracy and non-individualist policies. Hell, the early 80s had the Social Democrats adopt (although with the party leader and Prime Minister in an under-the-radar internal opposition) wage earner funds - though it never materialized in any meaningful way and was a contributing issue in getting the right-center elected in 1977.Why is that, and why are there no real world examples of it succeeding at scale, then?
Vaenyr was talking about scaling up pure communism, though.The Sweden (and in part others, although multiple historians claim Sweden were in many ways the most leftist of the democratic western states) of the late 1960-1970s were doing this, but in a light version
…and yet I assume you still own a phone and eat chocolate…?
Just checking his level of commitment to his principles. It’s actually possible to get phones and chocolate that don’t fall prey to his stated concerns, but you have to pay a premium for them. I should have been more clear about that in how I worded my response, but he still had (and has) an open-ended opportunity to explain his walk vs. his talk.Vaenyr never said he's against phones or chocolate, just the way they are often produced under capitalism.
WSJ reporting Trump was named in the Epstein files, and his DOJ informed him in May that he was in the files.
Also, Trump, a 34 times convicted felon, should release the Epstein files.
This is today’s front page of a Scottish newspaper. Trump is on his way there to golf.The episode also talks about how media outlets have become afraid to criticize Trump.
I’ve noticed a generally suppressive effect Govt retaliation had on the US press. A lot of the news I read about US politics is now from UK or AU based news sites.
Way to go Trump voters (and non-American Trump supporters who helped spread the propaganda)! Anyone who votes Republican supports the coverup and protection of Epstein, Ghislaine Maxwell, and any of the pedos and rapists who may be in the Epstein files. I knew a lot of them were nazis but this is a new extreme.Been a couple days, so I feel like it’s time to remember that Trump is definitely in the Epstein files for being a rapist pedo.