this post was submitted on 30 Jun 2025
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chapotraphouse

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lolbertarians are some of the dumbest people on earth.

okay, let’s say it is “crony capitalism run by the state” (he doesn’t mean state capitalism, he doesn’t know what that means)

what else can capitalism become, especially without extremely strict regulation and wealth/income caps- all things these people are against? and to the extent that the state has its hand in the economy, is it not ONLY to benefit corporations? they’re not regulating these companies or anything to any meaningful degree. so if the government is bad because they only serve big business, even in their own completely nonsensical analysis, doesnt that still make capitalism the problem?

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[–] vovchik_ilich@hexbear.net 11 points 1 day ago (1 children)

The heinous late stage capitalism, compared to the joys of child labor during the industrial revolution.

[–] bennieandthez@lemmygrad.ml 3 points 1 day ago (1 children)

In theory their conditions improved by capitalism but damn it's hard to imagine that factory labour in coal powered factories with near 0 ventilation was better than field labour under a hot sun.

[–] thethirdgracchi@hexbear.net 9 points 1 day ago

No this is actually false, the living conditions of 19th century capitalism for labourers were substantially worse than subsistence farming, so much so that the only reason capitalists could even get people to work in factories was the enclosure movement, which forcibly kicked people out of commons, making it impossible to grow your own food, and thereby forcing people to either work in factories or starve. It wasn't until the late 19th century that, for example, life expectancy began rising in England, the home of the industrial revolution, and that was only because England had begun to outsource the most horrific of its jobs to its larger empire, using imperialism to bribe the working class English folk with quality of life improvements. Capitalism actually lowers living standards for all but the wealthiest; it just so happens "the wealthiest" began to include workers in the imperial core.