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submitted 2 days ago by [email protected] to c/[email protected]

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[-] [email protected] 13 points 2 days ago* (last edited 2 days ago)

that's besides regular wage theft, which is greater than all other forms of theft combined. which forces people into poverty and therefore forces them towards theft to survive.

[-] [email protected] 10 points 2 days ago

THAT’S MY LABOR VALUE I DON’T KNOW YOU

[+] [email protected] -14 points 2 days ago

The interesting thing is that the US isn't actually a capitalistic system anymore.

In a capitalistic system, you have a few basic assumptions, such as companies competing against each other. The IT economy has proven the opposite: All the software development is carried out by 5 big companies, including Alphabet, Meta, Microsoft.

This lack of competition and concentration of development leads to an effective monopoly, which leads these companies to profit more than they would if they had to compete against other companies. That is one of the clearest examples of the deviation of the principle competition. That is why it is questionable to call the US a "capitalist system" nowadays.

[-] [email protected] 9 points 2 days ago

Right, yes, capitalism has nothing to do with capital. Checks out

[-] [email protected] 16 points 2 days ago

You're describing the necessary trajectory of capitalist systems as somehow not being capitalism. Competition naturally works its way towards monopolization, just because the US is in a later stage of capitalism does not mean that it is no longer capitalist.

[+] [email protected] -16 points 2 days ago* (last edited 2 days ago)

Yeah, no profits means no business! Down with businesses! We don’t need them for paychecks or healthcare! 🤣

Edit: I feel like this comment went over some heads. Socialism is support by higher taxes on businesses. If business doesn’t make money they Will close the business and social programs will not be supported. So basically socialism cannot exist without the business.

[-] [email protected] 14 points 2 days ago* (last edited 2 days ago)

Capitalism is not the only mode of production in existence. We can collectivize production and run it in a planned manner. We can't do that all at once, but in socialism we can gradually wrest capital from the capitalists and collectively run and plan the economy.

Edit: responding to your edit, socialism is not "welfare in capitalist systems." Your comment didn't go over anyone's heads, you just don't know what socialism and capitalism are.

[+] [email protected] -11 points 2 days ago

Neither system is perfect. Pure capitalism can lead to inequality and under-provided public services, while pure socialism can stifle innovation and create inefficiency. The best-performing countries today typically combine elements of both.

So as anything in life too much of one thing can be bad. It would be nice for everyone to receive free healthcare and higher education in US. I often watch various global news networks. It is odd to see US, Canada, UK all struggling with same issues economically.

UK has 28 million people on assistance out of work. It also has 28 million people employed. So half the UK is paying to support the other half. That is wild to think about.

Canada has a housing crisis currently.

[-] [email protected] 12 points 2 days ago

There's no such thing as "pure capitalism" or "pure socialism." Every socialist system has elements of private property, and every capitalist system has elements of public property. A system is capitalist if the large firms and key industries are private, and socialist if the large firms and key industries are public. This is all nonsense on your part, socialist systems have been at the peak of innovation throughout the 20th and 21st centuries.

I'm not sure why you brought up a bunch of capitalist countries failing because of issues systemic to capitalism at the end, it didn't really help your point. Moreover, there is no "combining the best of both," the system is determined by what is principle, meaning you can't be both. Furthermore, I think you're alluding to the Nordic Countries, but those are capitalist, deteriorating, and depend on imperialism like the rest of the global north.

I think you should do a bit more reading on what socialism and communism even are to begin with before trying to have discussions about them, same with capitalism.

[-] [email protected] 11 points 2 days ago

Profit sharing models and Employee Stock Ownership Programs exist. Employees should have some level of ownership of their labor and the revenue it generates.

[-] [email protected] 10 points 2 days ago

Better yet, we should collectivize production and pivot to a socialist economy.

[-] [email protected] 11 points 2 days ago* (last edited 2 days ago)

A business doesn't need to profit for there to be surplus-value extraction. Describing profits as unpaid wages helps simplify things, but it creates the impression that only profitable corporations exploit, which isn't true. In the M-C(mp +L)...P...C'-M' circuit, the exploitation already happens by P, production, even if commodities C' cannot actually be sold for M', or do so slowly.

this post was submitted on 19 Jul 2025

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