this post was submitted on 17 Feb 2026
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Late Stage Capitalism

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[–] daychilde@lemmy.world 8 points 4 days ago (2 children)

Capitalism is alright enough… IF you have sufficient regulations to keep it fair and in check. Other places actually do that, unlike the US.

That said, the US is also scared, as a whole, of the word "socialism" - although I'm glad that seems to be slowly changing. The entire point of government is to take care of its people, and our schools and military and cops and fire department and transportation and so many other things are already............... socialism.

We need MORE socialism - our taxes should pay for all of these services for We the People, not into the pockets of the ultrarich.

We have an a oligarch problem and it has guillotines written all over it. (to reference the ancient headache medicine commercial)

[–] K1nsey6@lemmy.world 6 points 4 days ago (1 children)

Capitalism is not all right enough. Capitalism is based on exploitation of the working class and the global South. No amount of benevolence is going to change that. And anyone referencing the Nordic model conveniently leaves out that they are also exploiting the working class and the global South.

[–] daychilde@lemmy.world 0 points 4 days ago (3 children)

I haven't seen any models that seem to work well that don't have some sort of capitalism as the foundation. I'd love to live in the Star Trek universe where money doesn't even exist, but I don't think it would work well in practice.

[–] theolodis@feddit.org 1 points 4 days ago

Might have to do with the US Government, Military and CIA working to make them fail (Venezuela and Cuba are 2 examples that come to mind from this year only)

[–] K1nsey6@lemmy.world 0 points 4 days ago

If it didn't seem to work, the US wouldn't be expending billions of dollars every year to ensure that it didn't work. If it was a failure, the US would have to do nothing and it would have collapsed in on itself decades ago.

[–] agamemnonymous@sh.itjust.works 0 points 4 days ago (1 children)

Market economy ≠ capitalism. Once you understand the difference, the solution becomes obvious.

[–] K1nsey6@lemmy.world -1 points 4 days ago (1 children)

The only solution is the elimination of capitalism.

[–] agamemnonymous@sh.itjust.works 2 points 4 days ago (1 children)

Correct. What is the difference between a market economy and capitalism?

[–] shane@feddit.nl 3 points 3 days ago (1 children)

Letting supply and demand set prices does not mean you have to then use profits to concentrate capital, right?

[–] K1nsey6@lemmy.world 5 points 4 days ago

Just to clarify, social and public services are not socialism.