this post was submitted on 25 Jan 2025
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chapotraphouse
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a personal pet peeve is people always talking about how capitalism would be if it was "done right"
like, it's "done right" already, the purpose of it is not to create a society where people are treated fairly, without greed, shady practices or corruption
the purpose of capitalism is to make a number go up, its for a person to get richer, no matter the cost
honey you don't want a capitalism that's "done right", you want socialism
I think the issue is everyone has their own personal definition of what capitalism is. To some it just means free markets. For people really unaware, it just means the existence of money ( I think that's what that physicist YouTuber thought it was). The ambiguity is convenient for the exploiters because if you don't understand the system, you can't change it.
Sabine Hossenfelder mentioned! Infamous video lmao. "Capitalism doesn't account for externalities, we just gotta regulate for those"