this post was submitted on 20 Jul 2023
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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[โ€“] [email protected] 2 points 1 year ago (2 children)
[โ€“] [email protected] 10 points 1 year ago (1 children)

This is extremely reductionist as it's actually a fairly complex school of thought, but it's essentially just: everyone is equal and thus should have equal rights and treatment under the law. A basic example:

I have a cake and take it to a party with 7 others. We agree everyone should have equal right and access to the cake and so cut it into 8 equal slices.

Where as Capitalism is like: I decide because I came up with the idea of getting cake, I deserve more of it, so I take 50%. The host of the party gets a 20% cut. And the remaining 6 guests divvy the remaining 30% amongst themselves.

[โ€“] [email protected] 0 points 1 year ago (1 children)

everyone is equal and thus should have equal rights and treatment under the law

Isn't that like the definition of (clasical) liberalism?

[โ€“] [email protected] 6 points 1 year ago* (last edited 1 year ago)

Classical liberal principles like the principle that legal responsibility should be assigned in accordance with de facto responsibility actually philosophically imply anti-capitalist workplace democracy, and are not philosophically consistent with wage labor. Classical liberalism needs to return to its spot on the left

[โ€“] [email protected] 6 points 1 year ago

A belief that all people are equal, and should be treated as such