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Late Stage Capitalism
A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.
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That there isn't a good solution that's permanent. I guess I have the Buddhist view of things, that all things end. It seems like having some way of organizing ourselves that survives cyclical growth and collapse is best. We expect our society to live in a perpetual spring/summer of growth and warmth, when historically societies had long wave form seasons of growth, stasis, and death that repeats endlessly.
The closest thing I know of historically is a theocracy since there's a hard limitation on the scope of government ("it is forbidden to do X! It is written in our fancy holy texts"!) and society is self regulating and self policing. It's why they can last thousands of years despite being so rigid and stiflng (that's actually the primary feature for their long term stability not a bug)
And in case it isn't obvious I'm not advocating for a theocracy either lol... It's just the longest lived example that keeps being repeated worldwide.
I guess I'm arguing for a realistic view that incorporates the reality of humanity. Capitalism seems great and like it works well during its growth stage but eventually eats itself and fucks everyone except like a group of 300 global capitalists. Communism seemed to follow a similar lifecycle of "looks great at first... Oh shit." As things get captured and corrupt.
One thing we all fall victim to is the view that "if not A, then B as an alternative" when the answer might be "there is no long term answer" which is uncomfortable to sit with and goes against the grain of our worldview that with enough human enginuity (and especially fossil fuels burned!) we can move literal mountains and do whatever we think of.
I think the answer is literally the Buddhist third way. Constant growth and evolution. If you put everything into strict written laws now the goal is finding loopholes. If nothing is written down you don't have rules and anything goes. Both extremes lead to bullshit behaviour through different pathways. It's kind of what democracy is supposed to provide as an ideal. The constant tension between the establishment and the left who try to incorporate disenfranchised groups and to bend the establishment into new shapes is it doesn't ossify. Except even that gets captured by capital.
I agree that communism will not solve everything and is not perfect but I would argue that capitalism play more into human bad traits like greed and communism and socislism try to surpress it . I don't believe we need to fully implement communism stateless and moneyless society but i think we need to get the closest to that ideal
Yes I think we can both agree there! I think the third way in Buddhism would also want a balance between the two and not an extreme. My personal ideal would be something like ⅔ communism/socialism and ⅓ capitalism.
My own view is things that are natural monopolies (telecom, rail, power, natural gas, pipelines, water/sewer, food distribution ala sysco, grocery stores) should be crown corporations. It aligns incentives well with long term network health and growth to meet demand. Any profit generated is returned to the public and the crown corp has an incentive to maintain its assets instead of letting them rot by starving them of funds to return more money to shareholders. Anything that naturally ends up as a duolopoly really would be a monopoly if anti-trust laws didn't exist. The second company purely exists to protect the primary monopoly from anti-trust action...
It's why a tank of gas and a 45" TV cost roughly the same right now. Anything we can't do without is overpriced and maximally profited from because we literally can't be without it. Luxury goods can be default capitalism + regulations. It's why non-essentials are all racing to the bottom on cost for consumer goods.