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One of capitalisms biggest tragedies
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this post was submitted on 11 Feb 2024
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A Boring Dystopia
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Norway is actually a good example of this -- where pro-social regulatory policies (i.e. beneficial not from the perspective of capital, but from the perspective of actual societal conditions) are used to help mitigate some of the BS that capitalism produces.
Regardless... Yeah, it's a problem with capitalism. It's a problem that stems from the literal core of the 'system': utilizing 'capital' to find opportunities for the creation and extraction of 'surplus' from labor and its products.
It's great that regulation is able to reign in, in some cases, the deeply criminal BS that such a system naturally produces... But it seems like a huge overreach to assume this is possible "globally" (as it would need to be for a blanket statement like that to be true).