I’m not saying we don’t have things to work on, but it’s not black or white. Social injustice gets reduced over time in a democracy. Name a country that is not capitalist that has never done bad things.
I’m not saying we don’t have things to work on, but it’s not black or white. Social injustice gets reduced over time in a democracy. Name a country that is not capitalist that has never done bad things.
Nope, but I’m from scandinavia, no oil money.
Edit: also, I dont like categorical descriptions, because reality is more complicated. But what is happening in the US is more specifically referred to as “rentier capitalism”. In Scandinavia, we have something like “welfare capitalism”.
Hey I wasn’t denying your claim, I was just curious what you meant by it. At the end of the day, they will do what is most likely to get them elected. If they had given Bernie a platform, the votes would have been more split and given them less chance to win. I’d say this is a hate the game not the player situation. Advocate for representative democracy. It would make way more vote for Bernie instead of democrats and way more vote for a moderate right party instead of Trump.
You can advocate for wealth taxes, unions, and other welfare measures within a capitalist system. I’m from one of the most egalitarian countries in the world and we are capitalist too.
Why not vote for Bernie then? Better than nothing. At least it may give a lot of people or the democrats faith that he could potentially win in the future.
I’m not saying that you need to give them your time, I’m just saying that voting for them doesn’t mean that you stand for what they believe. You can vote them and at the same time advocate for a different voting system.
Capitalism goes through different waves and has grown to accept government involvement insofar as to reduce market failures of which monopolies and externalities are some important ones. Unions are justified in capitalism by solving the market failure of asymmetric information.
Why do you think voting for a party aligns yourself with that party?
If two people want to attempt to unalive your mother with a 50% probability that they will succeed, and you have the chance to stop only one of them, reducing the chance to 25%. Does it mean that you align with whoever you do not choose?
Yeah since people cannot be expected to have full knowledge of the evidence, you have to recognize you can be agnostic about some issues. It’s virtuous to seek evidence and knowledge, and you should make choices based on the best information you have.
I’m not advocating for independents btw. I think you should clearly pick a party to vote for, but the two party system is a horrible system for people who are pluralistic in their views.
Right, but I see market socialism as an ideological compromise rather than inherent socialism. Im from scandinavia, and my country is a capitalist country with a strong welfare state.
I think this has only happened because of manipulation of the masses.
You have to see conservativism and “the conservatives” as separate things. One is a group that can hold many different views and another is a view point itself.
Fascism is not the same as capitalism. For capitalism to work properly, it is required that market power is minimized and that companies cannot influence politics. The fact that they have been able to do so is not capitalism.
Milton Friedman – In Capitalism and Freedom (1962), he argues that government intervention should be minimal and that businesses should focus on profit rather than lobbying for special advantages. While he doesn’t explicitly state that capitalism requires private companies to stay out of politics, he warns against corporate influence leading to cronyism.
Adam Smith – In The Wealth of Nations (1776), he warns against “the merchants and manufacturers” using their influence to gain monopolies and special privileges, which distort free competition. He emphasizes that capitalism works best when businesses do not manipulate laws in their favor.
James Buchanan (Public Choice Theory) – Buchanan and other public choice theorists (like Gordon Tullock) argue that when businesses influence politics, they engage in rent-seeking, which distorts market efficiency. They emphasize that government should limit corporate lobbying to prevent economic inefficiencies.
Luigi Zingales – A more recent economist, Zingales argues in A Capitalism for the People (2012) that corporate political influence undermines free markets and leads to a system of “crony capitalism,” where economic power translates into political power.
The word you’re looking for is pluralism.
Centrism doesn’t mean that you can’t choose between democrats and republicans, it means that ideologically, you believe in a balance between capitalist ideas and socialist ideas. For example, you can believe in the Hayekian idea that the many interactions between individuals in the market is better at creating prosperity than a centralized government that distributes all goods and services. But you can also believe that the market can’t do everything on its own due to market failures like monopoly power, externalities, assymmetric information. There exists a compromise between the two that is negotiated through politics. A core necessity for this to happen is that democracy is maintained. Democracy is not maintained when elections are bought by companies.
What is happening in the US now is that politics has been taken over by the private market. No economist would have agreed with this (unless they were paid to). It is against everything that we know. This is not a left vs right stance. It’s a democracy vs autocracy stance. Autocracy can happen from both the right and left, and it doesn’t matter who.
The one thing I dislike about the idea of centrism is the idea that you can’t decide on everything because you remain agnostic about every issue. I think a much better idea to advocate for is pluralism: the idea that your opinion on specific issues is not dependent on your politcal stance. Every issue is unique and doesn’t automatically identify you with left or right. You can have different opinions on different issues.
What has been psycho about the democratic party?
I found it difficult to transfer contacts there compared to signal, but you’re right, it’s better.
Boycut companies with too much market power. They just happen to be quite concentrated in the US.