It’s the love of money that’s the root of all evil
Thank you for getting this quote right. Often, it’s shortened to “money is the root of all evil”, which hits different, and removes the element of personal responsibility. The “love of money” bit is important.
Regulations used to exist to break that that behavior. But they were either removed over time or not enforced. It can be done. It used to be. It wasn’t flawless but it wasn’t what we have today either.
Everything is possible. Some things just highly unlikely in the current political climate. I think the mamdani method of doing a shitload of door to door campaigning has been really successful in other parts of the world as well.
It can give a huge boost to leftist parties which then will be able to affect positive change but also change the political landscape. Overton window and all that.
What I’m saying is get the fuck out with your local leftist party/candidate or whatever if you can.
I mean yes, but waiting for the world to change isn’t healthy I believe. Either arrange yourself with how it is now or try to be the change. I bet it’s best to do both.
voting for incremental change within a captured isn’t the change we (or anybody) needs, it’s only being forced to chose between options predetermined by the capitalists.
Capitalism is fine small scale, most systems are. Humans are just wired for efficiency and so with every player on the same board the most ruthless player wins.
Ah yes, the mythical small business capitalism we all hear about. I will agree it sounds good on paper and also seems to distribute money in a somewhat efficient manner.
Unfortunately there has never been a government able to regulate and keep capitalism this way. Other people have said it is simply not possible due to the nature of capitalism.
I think there is a worthwhile debate here around systems and culture. Perhaps capitalism could work if people were not inherently so greedy. I tend to believe that culture is the deciding factor which is a little disheartening honestly.
It’s not just culture. Most people value community and the well-being of others above amassing wealth (provided their needs are met). The problem is that capitalism indoctrinates us against those values, and even more that it rewards and empowers those who don’t share them at all.
Unfortunately there has never been a government able to regulate and keep capitalism this way. Other people have said it is simply not possible due to the nature of capitalism.
the primary “authoritarian” government of the world has proven that it is possible and that keeping them under a tight leash is the only way to prevent them from indoctrinating the masses; that’s why the number of billions and the wealth of the its millionaires have been steadily declining for the last decade or so, while simultaneously continuing to improve the quality of life for its citizens; meanwhile while the united states is poised to get its first trillionaire class very soon.
I sure hope you are not talking about China as they have produced more billionaires than the US for the last two years dramatically increasing their income gap. If you think they have capitalism in check I have a bridge to sell you in Brooklyn.
you’re not wrong – china’s billionaire count is up. but here’s the cycle that people in the west miss: a new crop of billionaires come along (eg. tech, evs, ai) and they replace the old crop (eg. real estate & manufacturing) that the chinese gov’t already short-leashed, and boom, numbers jumped.
that new crop will experience their own slowdown too once they get their own short-leashes like the previous crop did. it happened around 2018-2024, and it’ll happen again and again. china’s churn is fast, but the pattern’s the same every time: rise, stall, replace; no permanent footing/beachhead for a billionaire class from which to capture the system or spread misinformation like it is in the united states.
The creation of even one billionaire is a dramatic failure for both culture and policy. Please spare me the hand waving.
Pretending billionaires are in check because the one party murders anyone who they disagree with is not what I would call an efficient system. Entire districts built that were empty without people, massive fraud, and waste. If you are pointing to this disorganized mess and proudly saying look at what we can do I am going to have to point out that it is ridiculous.
What China did do was lift several hundred million people out of poverty. Of course they turned to capitalism to do it and only after their failed policies cost tens of millions of lives. Instead of building on this accomplishment they have chosen to create a new billionaire social class on the backs of 6 days a week 12 hour shift working class.
China is increasingly looking a lot like the US with only one party. They are now the fourth largest producer of arms supplying conflict regions with weapons of death and destruction. They have built their country by working hand in hand with the US. China is great because of the US not despite it.
The narratives the one party pushes are garbage and you truly have to be naive to believe the propaganda they spew forth.
Capitalism does not work because companies will always seek to grow more and more and more. It’s the core of capitalism. You need anti-capitalist policies to keep companies small.
Need to break up these monopolies. Really the root of all bad about capitalism.
The “root of bad” is capitalism itself, the logic of the system tends to create monopolies over time, as demonstrated in the game ‘Monopoly’
It’s the love of money that’s the root of all evil, according to Jesus, but yeah, that’s the driving force behind capitalism.
Thank you for getting this quote right. Often, it’s shortened to “money is the root of all evil”, which hits different, and removes the element of personal responsibility. The “love of money” bit is important.
Regulations used to exist to break that that behavior. But they were either removed over time or not enforced. It can be done. It used to be. It wasn’t flawless but it wasn’t what we have today either.
Everything is possible. Some things just highly unlikely in the current political climate. I think the mamdani method of doing a shitload of door to door campaigning has been really successful in other parts of the world as well.
It can give a huge boost to leftist parties which then will be able to affect positive change but also change the political landscape. Overton window and all that.
What I’m saying is get the fuck out with your local leftist party/candidate or whatever if you can.
Unless we get better candidates it will only go so far.
I mean yes, but waiting for the world to change isn’t healthy I believe. Either arrange yourself with how it is now or try to be the change. I bet it’s best to do both.
voting for incremental change within a captured isn’t the change we (or anybody) needs, it’s only being forced to chose between options predetermined by the capitalists.
Who said voting? Voting is cool if you’re allowed to do it though.
agreed, it should be the smallest part of your civic engagement; not the entirety of it.
Capitalism is fine small scale, most systems are. Humans are just wired for efficiency and so with every player on the same board the most ruthless player wins.
Ah yes, the mythical small business capitalism we all hear about. I will agree it sounds good on paper and also seems to distribute money in a somewhat efficient manner.
Unfortunately there has never been a government able to regulate and keep capitalism this way. Other people have said it is simply not possible due to the nature of capitalism.
I think there is a worthwhile debate here around systems and culture. Perhaps capitalism could work if people were not inherently so greedy. I tend to believe that culture is the deciding factor which is a little disheartening honestly.
It’s not just culture. Most people value community and the well-being of others above amassing wealth (provided their needs are met). The problem is that capitalism indoctrinates us against those values, and even more that it rewards and empowers those who don’t share them at all.
@Doomsider@lemmy.world
the primary “authoritarian” government of the world has proven that it is possible and that keeping them under a tight leash is the only way to prevent them from indoctrinating the masses; that’s why the number of billions and the wealth of the its millionaires have been steadily declining for the last decade or so, while simultaneously continuing to improve the quality of life for its citizens; meanwhile while the united states is poised to get its first trillionaire class very soon.
I sure hope you are not talking about China as they have produced more billionaires than the US for the last two years dramatically increasing their income gap. If you think they have capitalism in check I have a bridge to sell you in Brooklyn.
you’re not wrong – china’s billionaire count is up. but here’s the cycle that people in the west miss: a new crop of billionaires come along (eg. tech, evs, ai) and they replace the old crop (eg. real estate & manufacturing) that the chinese gov’t already short-leashed, and boom, numbers jumped.
that new crop will experience their own slowdown too once they get their own short-leashes like the previous crop did. it happened around 2018-2024, and it’ll happen again and again. china’s churn is fast, but the pattern’s the same every time: rise, stall, replace; no permanent footing/beachhead for a billionaire class from which to capture the system or spread misinformation like it is in the united states.
The creation of even one billionaire is a dramatic failure for both culture and policy. Please spare me the hand waving.
Pretending billionaires are in check because the one party murders anyone who they disagree with is not what I would call an efficient system. Entire districts built that were empty without people, massive fraud, and waste. If you are pointing to this disorganized mess and proudly saying look at what we can do I am going to have to point out that it is ridiculous.
What China did do was lift several hundred million people out of poverty. Of course they turned to capitalism to do it and only after their failed policies cost tens of millions of lives. Instead of building on this accomplishment they have chosen to create a new billionaire social class on the backs of 6 days a week 12 hour shift working class.
China is increasingly looking a lot like the US with only one party. They are now the fourth largest producer of arms supplying conflict regions with weapons of death and destruction. They have built their country by working hand in hand with the US. China is great because of the US not despite it.
The narratives the one party pushes are garbage and you truly have to be naive to believe the propaganda they spew forth.
Capitalism does not work because companies will always seek to grow more and more and more. It’s the core of capitalism. You need anti-capitalist policies to keep companies small.
There’s no small scale capitalism as the Capital needs to expand more and more. Political Economy 101.
Break up the billionaires while you’re at it. Their sickness will boil the seas away to nothing