55
Neocon media now openly admits that western capitalism is crumbling (www.telegraph.co.uk)
submitted 10 months ago by yogthos@lemmygrad.ml to c/genzedong@lemmygrad.ml
26 comments fedilink hide all child comments
top 26 comments
sorted by: hot top controversial new old
[-] zifnab25@hexbear.net 34 points 10 months ago

Conservatives tend to acknowledge cracks in the system earlier than liberals, as their movement is more openly and aggressively allowed to agitate its base.

Liberals have to cling to the pinker "We live in the best of all possible worlds!" denialist state until some conservative government kicks over another pillar of the domestic polity. And then the only remedy is to return to "normalcy" of liberal governance without ever repairing the damage.

Its just another example of the political ratchet that forces policy forever towards that Murray Rothbard dream.

[-] GarfieldYaoi@hexbear.net 17 points 10 months ago* (last edited 10 months ago)

It's just hilarious how liberals became mentally identical to conservatives in the 2000s. Same lazy mindset, same "incompetent, mediocre, and proud of it" mindset.

grillman but with a pride flag.

[-] yogthos@lemmygrad.ml 14 points 10 months ago

completely agree

[-] DankZedong@lemmygrad.ml 32 points 10 months ago

Through good governance yes but that will probably mean that the fascism will be crancked up a notch

[-] yogthos@lemmygrad.ml 13 points 10 months ago

indeed

[-] Tankiedesantski@hexbear.net 27 points 10 months ago

"good governance"is a really strange way of spelling "intensified looting of the Global South".

[-] yogthos@lemmygrad.ml 21 points 10 months ago

I also love this bit

In the past 75 years, extreme poverty across the world has fallen from 90 per cent to 10 per cent. It has halved in the past 20 years alone.

The part they omit is that pretty much the only meaningful poverty reduction has been happening in China, while capitalism increased poverty

If we take just one country, China, out of the global poverty equation, then even under the $1.90 poverty standard we find that the extreme poverty headcount is the exact same as it was in 1981.

The $1.90/day (2011 PPP) line is not an adequate or in any way satisfactory level of consumption; it is explicitly an extreme measure. Some analysts suggest that around $7.40/day is the minimum necessary to achieve good nutrition and normal life expectancy, while others propose we use the US poverty line, which is $15.

[-] Tankiedesantski@hexbear.net 13 points 10 months ago

Yeah, and Capitalists will always claim China's poverty reduction success to be a success of capitalism because all poverty reduction is tautalogically product of capitalism.

[-] yogthos@lemmygrad.ml 9 points 10 months ago

I love to ask them why China is an outlier in this regard.

[-] bobs_guns@lemmygrad.ml 22 points 10 months ago

Of course "we aren't allowed to create a hostile working environment for trans people by being overtly hateful anymore" is cited as a way in which capitalism is collapsing. Do you people want me to work or not???

[-] toomanyjoints69@lemmygrad.ml 9 points 10 months ago

They want you to die. Buy a gun in case they attack you. Spend as much time as pissible going out irl so u can live a good life and not let these people make you a social prisoner.

[-] bobs_guns@lemmygrad.ml 6 points 10 months ago

I am about to spend all of my time going out irl as I am having a very difficult time finding a job.

[-] toomanyjoints69@lemmygrad.ml 3 points 10 months ago

Good. Im glad you get to go on an adventure. You can do it :)

[-] bobs_guns@lemmygrad.ml 2 points 10 months ago

An adventure is one way to put it lol

[-] toomanyjoints69@lemmygrad.ml 21 points 10 months ago

I feel tricked ibto reading thst. It just lists a bunch of problems and offers no solution but "be better and no sociakism allowed."

[-] yogthos@lemmygrad.ml 18 points 10 months ago

The admission that people are rejecting capitalism is really the only interesting part of the whole thing, the rest is just capitalist dogma being regurgitated.

Although, the fact that they don't really nave any solutions is itself an indication that the system is headed for collapse.

[-] Tommasi@hexbear.net 21 points 10 months ago

Baroness Helena Morrissey is a member of the House of Lords. She has worked in financial services for more than 30 years.

Yeah, this person seems normal and trustworthy.

[-] PostingInternational@lemmygrad.ml 20 points 10 months ago

Article written by Baroness Helena Morrissey. Best comment by Lord Buckethead. Britain is a strange place…

[-] GarfieldYaoi@hexbear.net 15 points 10 months ago* (last edited 10 months ago)

Let me guess, their answer is more insistence that capitalism is perfection incarnate? Just pulling a Biden and saying "things are good, you're just too stupid to figure it out, rube!"

At least Andrew Yang's message was "I'm a capitalist, but socialists have reasons why they believe what they do. I want to prove them wrong."

[-] UlyssesT@hexbear.net 12 points 10 months ago

Capitalism can't fail, it can only be failed. capitalist-laugh

[-] Buchenstr@lemmygrad.ml 12 points 10 months ago

Perhaps we'll see this dogshit system buried in the dust in the future? I hope it'll come soon.

[-] Shrike502@lemmygrad.ml 11 points 10 months ago

What about worldwide capitalism

[-] yogthos@lemmygrad.ml 15 points 10 months ago

I expect that once western system crumbles then capitalism will be seen as a discredited system around the world. Most countries are already starting to question the merits of the western style system, and that trend will only increase going forward. Meanwhile, China shows a clear viable alternative that more and more countries are likely to emulate.

[-] the_post_oftom_joad@lemmygrad.ml 5 points 10 months ago

It's filled with lies and they're not even new ones. Describing the last 20 years of deliberate economic and political destruction as just "something that kinna happened lol who knows" is the same dreck i see trotted out by the ruling classless every time there's an admission that something is wrong. only got about 3 paragraphs in before i realized ive already read everything they could possibly have to say a dozen times before.

[-] yogthos@lemmygrad.ml 3 points 10 months ago

Pretending that nobody knows what happened is essential to the narrative. The whole argument is that this is the best system possible, and whatever problems it has are completely unavoidable.

If it's the case that we do know what the problems are and how these problems could've been avoided that implies that a better system is in fact possible, and we know exactly what needs changing.

this post was submitted on 06 Nov 2023
55 points (88.7% liked)

GenZedong

4238 readers
31 users here now

This is a Dengist community in favor of Bashar al-Assad with no information that can lead to the arrest of Hillary Clinton, our fellow liberal and queen. This community is not ironic. We are Marxists-Leninists.

This community is for posts about Marxism and geopolitics (including shitposts to some extent). Serious posts can be posted here or in /c/GenZhou. Reactionary or ultra-leftist cringe posts belong in /c/shitreactionariessay or /c/shitultrassay respectively.

We have a Matrix homeserver and a Matrix space. See this thread for more information. If you believe the server may be down, check the status on status.elara.ws.

Rules:

founded 3 years ago
MODERATORS
GrainEater@lemmygrad.ml
Elara@lemmygrad.ml
ComradePupIvy@lemmygrad.ml
American_Communist22@lemmygrad.ml