▲ 109 ▼ Countries where people are losing faith in capitalism. (thelemmy.club) submitted 4 weeks ago by dessalines@lemmy.ml to c/usefulinfographics@lemmy.ml 36 comments fedilink hide all child comments
[–] jerkface@lemmy.ca 6 points 4 weeks ago (1 child) wtf, Japan? permalink fedilink source hideshow 2 child comments replies: [+] Tenderizer78@lemmy.ml -7 points 4 weeks ago (3 children) Japan seems to do capitalism pretty well. It has it's issues, but compared to other countries capitalism causes fewer problems. I think part of the issue with capitalism is actually democracy. Democracy breeds incompetent governments, and with a competent government faith in capitalism can last longer than it otherwise would. permalink fedilink source parent hideshow 6 child comments replies: [–] Maeve@kbin.earth 11 points 4 weeks ago (1 child) Japan seems to do capitalism pretty well. It has it's issues, but compared to other countries capitalism causes fewer problems. They have a currency crisis every other year for a couple of decades. permalink fedilink source parent hideshow 2 child comments replies: [+] Tenderizer78@lemmy.ml -8 points 4 weeks ago (2 children) The average person doesn't really care about a currency crisis. permalink fedilink source parent hideshow 4 child comments replies: [–] yogthos@lemmy.ml 8 points 4 weeks ago They very much care about not being able to afford things or their savings evaporating. permalink fedilink source parent [–] HiddenLayer555@lemmy.ml 8 points 4 weeks ago* Spoken like someone who vastly overestimates the economic status of "the average" person due to their own relative privilege. permalink fedilink source parent [–] yogthos@lemmy.ml 9 points 4 weeks ago (1 child) Japan has a demographic crisis, it's collapsing economically, and it has created an atomized consumerist society where everyone is isolated. Not exactly my definition of doing well. Meanwhile, you're confusing the broader concept of democracy with liberal democracy. Democracy only exists for the ruling class, and under capitalism it's people who own capital. permalink fedilink source parent hideshow 2 child comments replies: [–] Tenderizer78@lemmy.ml 1 point 3 weeks ago* (last edited 3 weeks ago) (1 child) There are two main things people in most wealthy countries need but lack: options for employment and housing. The demographic crisis in Japan makes achieving both of those things more likely, and the government also has far smarter policies around housing and industrial policy than other western countries. Juvenal famously said "give them bread and circus and they'll never revolt", but in the modern age it should be "give them stable housing and employment and they'll never even think of revolting". permalink fedilink source parent hideshow 2 child comments replies: [–] yogthos@lemmy.ml 1 point 3 weeks ago That argument falls apart even under minimal scrutiny. The problem is usually affordability and security rather than absence of housing, and Japan’s demographic crisis is not a magic fix. A shrinking population might mean more empty houses in rural areas, but Tokyo is going to stay prohibitively expensive and plenty of workers are stuck in low wage jobs which are precarious. Japan’s policies are not uniformly smarter either, it has real housing and workplace problems just like every other capitalist shithole. And Juvenal’s line was not about giving people good jobs and homes, he was referring to distracting the Roman mob with free grain and cheap entertainment so they would not think too hard about who ran things. Turning it into a compliment for modern Japan is a bit ironic. permalink fedilink source parent [–] jerkface@lemmy.ca 1 point 4 weeks ago Have you ever lived there? permalink fedilink source parent
[+] Tenderizer78@lemmy.ml -7 points 4 weeks ago (3 children) Japan seems to do capitalism pretty well. It has it's issues, but compared to other countries capitalism causes fewer problems. I think part of the issue with capitalism is actually democracy. Democracy breeds incompetent governments, and with a competent government faith in capitalism can last longer than it otherwise would. permalink fedilink source parent hideshow 6 child comments replies: [–] Maeve@kbin.earth 11 points 4 weeks ago (1 child) Japan seems to do capitalism pretty well. It has it's issues, but compared to other countries capitalism causes fewer problems. They have a currency crisis every other year for a couple of decades. permalink fedilink source parent hideshow 2 child comments replies: [+] Tenderizer78@lemmy.ml -8 points 4 weeks ago (2 children) The average person doesn't really care about a currency crisis. permalink fedilink source parent hideshow 4 child comments replies: [–] yogthos@lemmy.ml 8 points 4 weeks ago They very much care about not being able to afford things or their savings evaporating. permalink fedilink source parent [–] HiddenLayer555@lemmy.ml 8 points 4 weeks ago* Spoken like someone who vastly overestimates the economic status of "the average" person due to their own relative privilege. permalink fedilink source parent [–] yogthos@lemmy.ml 9 points 4 weeks ago (1 child) Japan has a demographic crisis, it's collapsing economically, and it has created an atomized consumerist society where everyone is isolated. Not exactly my definition of doing well. Meanwhile, you're confusing the broader concept of democracy with liberal democracy. Democracy only exists for the ruling class, and under capitalism it's people who own capital. permalink fedilink source parent hideshow 2 child comments replies: [–] Tenderizer78@lemmy.ml 1 point 3 weeks ago* (last edited 3 weeks ago) (1 child) There are two main things people in most wealthy countries need but lack: options for employment and housing. The demographic crisis in Japan makes achieving both of those things more likely, and the government also has far smarter policies around housing and industrial policy than other western countries. Juvenal famously said "give them bread and circus and they'll never revolt", but in the modern age it should be "give them stable housing and employment and they'll never even think of revolting". permalink fedilink source parent hideshow 2 child comments replies: [–] yogthos@lemmy.ml 1 point 3 weeks ago That argument falls apart even under minimal scrutiny. The problem is usually affordability and security rather than absence of housing, and Japan’s demographic crisis is not a magic fix. A shrinking population might mean more empty houses in rural areas, but Tokyo is going to stay prohibitively expensive and plenty of workers are stuck in low wage jobs which are precarious. Japan’s policies are not uniformly smarter either, it has real housing and workplace problems just like every other capitalist shithole. And Juvenal’s line was not about giving people good jobs and homes, he was referring to distracting the Roman mob with free grain and cheap entertainment so they would not think too hard about who ran things. Turning it into a compliment for modern Japan is a bit ironic. permalink fedilink source parent [–] jerkface@lemmy.ca 1 point 4 weeks ago Have you ever lived there? permalink fedilink source parent
[–] Maeve@kbin.earth 11 points 4 weeks ago (1 child) Japan seems to do capitalism pretty well. It has it's issues, but compared to other countries capitalism causes fewer problems. They have a currency crisis every other year for a couple of decades. permalink fedilink source parent hideshow 2 child comments replies: [+] Tenderizer78@lemmy.ml -8 points 4 weeks ago (2 children) The average person doesn't really care about a currency crisis. permalink fedilink source parent hideshow 4 child comments replies: [–] yogthos@lemmy.ml 8 points 4 weeks ago They very much care about not being able to afford things or their savings evaporating. permalink fedilink source parent [–] HiddenLayer555@lemmy.ml 8 points 4 weeks ago* Spoken like someone who vastly overestimates the economic status of "the average" person due to their own relative privilege. permalink fedilink source parent
[+] Tenderizer78@lemmy.ml -8 points 4 weeks ago (2 children) The average person doesn't really care about a currency crisis. permalink fedilink source parent hideshow 4 child comments replies: [–] yogthos@lemmy.ml 8 points 4 weeks ago They very much care about not being able to afford things or their savings evaporating. permalink fedilink source parent [–] HiddenLayer555@lemmy.ml 8 points 4 weeks ago* Spoken like someone who vastly overestimates the economic status of "the average" person due to their own relative privilege. permalink fedilink source parent
[–] yogthos@lemmy.ml 8 points 4 weeks ago They very much care about not being able to afford things or their savings evaporating. permalink fedilink source parent
[–] HiddenLayer555@lemmy.ml 8 points 4 weeks ago* Spoken like someone who vastly overestimates the economic status of "the average" person due to their own relative privilege. permalink fedilink source parent
[–] yogthos@lemmy.ml 9 points 4 weeks ago (1 child) Japan has a demographic crisis, it's collapsing economically, and it has created an atomized consumerist society where everyone is isolated. Not exactly my definition of doing well. Meanwhile, you're confusing the broader concept of democracy with liberal democracy. Democracy only exists for the ruling class, and under capitalism it's people who own capital. permalink fedilink source parent hideshow 2 child comments replies: [–] Tenderizer78@lemmy.ml 1 point 3 weeks ago* (last edited 3 weeks ago) (1 child) There are two main things people in most wealthy countries need but lack: options for employment and housing. The demographic crisis in Japan makes achieving both of those things more likely, and the government also has far smarter policies around housing and industrial policy than other western countries. Juvenal famously said "give them bread and circus and they'll never revolt", but in the modern age it should be "give them stable housing and employment and they'll never even think of revolting". permalink fedilink source parent hideshow 2 child comments replies: [–] yogthos@lemmy.ml 1 point 3 weeks ago That argument falls apart even under minimal scrutiny. The problem is usually affordability and security rather than absence of housing, and Japan’s demographic crisis is not a magic fix. A shrinking population might mean more empty houses in rural areas, but Tokyo is going to stay prohibitively expensive and plenty of workers are stuck in low wage jobs which are precarious. Japan’s policies are not uniformly smarter either, it has real housing and workplace problems just like every other capitalist shithole. And Juvenal’s line was not about giving people good jobs and homes, he was referring to distracting the Roman mob with free grain and cheap entertainment so they would not think too hard about who ran things. Turning it into a compliment for modern Japan is a bit ironic. permalink fedilink source parent
[–] Tenderizer78@lemmy.ml 1 point 3 weeks ago* (last edited 3 weeks ago) (1 child) There are two main things people in most wealthy countries need but lack: options for employment and housing. The demographic crisis in Japan makes achieving both of those things more likely, and the government also has far smarter policies around housing and industrial policy than other western countries. Juvenal famously said "give them bread and circus and they'll never revolt", but in the modern age it should be "give them stable housing and employment and they'll never even think of revolting". permalink fedilink source parent hideshow 2 child comments replies: [–] yogthos@lemmy.ml 1 point 3 weeks ago That argument falls apart even under minimal scrutiny. The problem is usually affordability and security rather than absence of housing, and Japan’s demographic crisis is not a magic fix. A shrinking population might mean more empty houses in rural areas, but Tokyo is going to stay prohibitively expensive and plenty of workers are stuck in low wage jobs which are precarious. Japan’s policies are not uniformly smarter either, it has real housing and workplace problems just like every other capitalist shithole. And Juvenal’s line was not about giving people good jobs and homes, he was referring to distracting the Roman mob with free grain and cheap entertainment so they would not think too hard about who ran things. Turning it into a compliment for modern Japan is a bit ironic. permalink fedilink source parent
[–] yogthos@lemmy.ml 1 point 3 weeks ago That argument falls apart even under minimal scrutiny. The problem is usually affordability and security rather than absence of housing, and Japan’s demographic crisis is not a magic fix. A shrinking population might mean more empty houses in rural areas, but Tokyo is going to stay prohibitively expensive and plenty of workers are stuck in low wage jobs which are precarious. Japan’s policies are not uniformly smarter either, it has real housing and workplace problems just like every other capitalist shithole. And Juvenal’s line was not about giving people good jobs and homes, he was referring to distracting the Roman mob with free grain and cheap entertainment so they would not think too hard about who ran things. Turning it into a compliment for modern Japan is a bit ironic. permalink fedilink source parent
[–] jerkface@lemmy.ca 1 point 4 weeks ago Have you ever lived there? permalink fedilink source parent
