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Countries where people are losing faith in capitalism. (thelemmy.club)
submitted 4 weeks ago by to c/usefulinfographics@lemmy.ml
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[–] 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.

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  • [–] 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".

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  • [–] 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.

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