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late stage capitalism doesn't rule
(lemmy.blahaj.zone)
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this post was submitted on 05 Jul 2023
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You could live in the socialist utopia that is the soviet union... Oh wait
Almost like glorification of any economic system is bad, rather than using them for their actual purposes.
People keep trying to use these systems forgetting human greed exists and will continue to exist
Capitalism uses people greed to benefit everyone. If people want to make money they need to provide a good/service that is better / cheaper than the rest of the market. Everyone wins. It's only when government gets involved and starts picking winners and losers that it goes sideways.
TLDR: Capitalism works BECAUSE of greed.
Until capitalism gets so large and unregulated that they can fund and control the government, which is what led to many of those "winner" picks that you describe.
It gets messed up both ways. We have many industries that are degrading because they've reached the limits of what they can innovate and instead are trying to find corners they can cut anywhere they can, while having the clout to get away with it.