• Gbagginsthe3rd@aussie.zone
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    9 months ago

    I remember reading a Guardian article in which it discussed the requirements of any market to either evolve or die based on the circumstances it finds itself in.

    It highlighted that because Communism could not adapt quickly enough to its circumstances that it failed - the centrally governing authority were not able to efficiently or effectively govern the market at the time. Leading to multiple issues.

    I would like to see the evolution of Capitalism. That we do not view everything only through an economic lens- there needs to be environmental, societal and political factors which must also be taken into account.

    That and personal accountability and responsibility for business practices. For example you can pollute that waterway but we will take all your profits and you go to jail for 30years

      • le_saucisson_masquay@sh.itjust.works
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        9 months ago

        Yeah yeah yeah… Capitalism bad, m’kay ? I only see it becoming stronger and stronger with the growth of huge companies like Google Amazon, apple, etc. That are already beyond national level.

        • Cowbee [he/him]@lemmy.ml
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          9 months ago

          As megacorporations swell, and disparity rises, so too does exploitation. Disparity rising is not a good thing. This leads to instability and collapse.

    • Cowbee [he/him]@lemmy.ml
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      9 months ago

      It also fails, though. It’s unsustainable, Capitalists sew the seeds of their own downfall. They just hope they enjoy the ride and pass the buck off to someone else.

  • SatanicNotMessianic@lemmy.ml
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    9 months ago

    Fascism. It’s fascism.

    Economic and social collapse dislocates a lot of people. It dislocates people who think they shouldn’t be dislocated, because they played by the rules. They go to church, they had a job, they’re patriotic to their best understanding of the word.

    Then, in their minds, something must have changed. It might be the immigrants, or the Jews, or the gays, or weirdly drag queens for some reason this time around. Then someone comes along who validates them as victims and promises a return to their historical glory days.

    The last paroxysm is the election or ascendency of a far right populist who elevates that narrative. They promise to restore national pride and return to traditional values, and to return the nation to its roots which had made it strong and put them on top.

    It’s happened multiple times around the world, and there are a lot of books and articles on how and why it happens.

    • mommykink@lemmy.world
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      9 months ago

      A square is a rectangle but not all rectangles are squares.

      Just say authoritarianism. Fascism has happened exactly once in modern history. Words have meaning and you don’t get to assign values to them because one helps your political motive better than the other.

  • Cowbee [he/him]@lemmy.ml
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    9 months ago

    If there isn’t a large Socialist coalition to combat fascism, then fascism will rise before collapsing even harder. If there is a large Socialist coalition, and that coalition successfully combats the fascist powers, then some form of Socialism will likely replace it, and humanity can continue progressing instead of regressing.

  • weew@lemmy.ca
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    9 months ago

    Capitalism doesn’t “fail” per se. Capitalism is actually the default. All other systems require some kind of active intervention and oversight.

    Capitalism simply “wins” due to being the best at making the most money. Whether that actually benefits humanity is a crapshoot.

    Countries can set up some kind of socialist system, but things will “default” back to capitalism when corruption and/or stupidity inevitably happen.

  • yesman@lemmy.world
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    9 months ago

    Reading the comments here reminds me of that Slavoj Žižek/ Fredric Jameson quote:

    It’s easier to imagine the end of the world than the end of capitalism.