this post was submitted on 19 Feb 2024
1235 points (94.1% liked)
Technology
59020 readers
3255 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's almost like the tendency to monopolise is somehow baked into the ruling economic ideology, huh?
Market economies = great. Capitalism = shit. There's a subtle but meaningful difference.
Capitalism is great, it just needs a strong and unbiased referee. Of course that can be said about any political or economic system.
So you're saying strong regulation from some entity that isn't driven by the same motives for profit is needed?
That's my point. You're conflating "market economies" to "capitalism". They aren't the same. Markets existed thousand of years before capitalism.
Just like "capitalism" has been conflated with "market economy", "communism" has been conflated with "socialism". The failed communist states all tried planned economies, which meant no market economies, which are necessary for thriving societies.
Socialism is when the means of production are "owned or regulated" by the government. Strong, well regulated markets are by definition, socialist.
I also sort of slightly disapprove of perpetuating the "well mothing's perfect (so we shouldn't bother trying to fix the most obviously broken bullshit systems despite having solutions)" -notion.