cross-posted from: https://hexbear.net/post/9486838
Hot take: capitalism works when you turn capitalism against itself. Let corporates compete with each other to create high quality of products for every niche it can find.
this post was submitted on 07 Sep 2026
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What does it work at? Capitalism is excellent at rapidly increasing productive capacity, but it is also excellent at rapidly consolidating control over productive capacity into as few hands as possible. Unless you exclude capitalists from the political process, this inevitably leads to oligarchy and neo-feudalism.
As long as super powerful positions are created people will use those positions to entrench and sustain their power, the only solution is democracy, we see this as self evident in politics but it should also be self evident in the workplace. That is the thesis of socialism. Capitalism fails because it ignores human nature.
Hot take: the whole (theoretical) concept behind capitalism
water on your take - capitalism seeks always to maximize returns to capital holders. Therefore monopoly and cartel behavior will be the inevitable result without a countervailing force.
Even more water - political power cannot contain capitalism, because economic power can be exchanged for political and military power. Only ownership of capital by the society in general provides a way to avoid oligarchy long-term.
Not the "whole". That part is the "Free Market Economy", which is one part of what defines Capitalism. The other part is private ownership of the means of production.
You can have a free market economy also without private ownership of the means of production. I.e. worker or state owned companies can compete in a free market.
True. I was just unsure if people remember it :D
Owners pay workers,
As little as possible,
Workers vote for that
If workers consistently elected the platform with pro-worker planks and has passed bills when they had enough majority, all could have healthcare even when laid off so Evil Corp can make the extra 0.03% profit, paid sick and family leave and school meals for students, all help working families and basic expectations in other countries. All this reduces the artificial scarcity that the owners inflict on us.
Find out more here or on your own, but check sources. Q: How does artificial scarcity of basic needs, make it hard for people to feel and do better in life and they numb with social media, which makes it worse?
Edit: updated share.google/aimode/SI4COWBlxcPh44E7z
Poor little capitalism and helpless billionaires are being suppressed by the all mighty socialism and the overwhelming might of the workforce!
...Is what I wish I could claim. I mean can you imagine? One can dream.
It astounds me that people fall for this shit
It astounds me people still vote for Malcolm Roberts, how is this dickhead still in parliament?!
In May 2026, Malcolm Roberts was quoted saying he was 'in two minds' as to whether gay people should be considered equal.
He's also a climate change denier, sovereign citizen and supporter of a total abortion ban in Australia. Basically he's a complete piece of shit.
Hell, I was listening renown family man Barnaby Joyce on ABC radio this morning and I’m amazed at some of the morons who manage to get voted into gov positions.
I loved watching him avoid highlighting how much poorer future elderly Australians will be with their shit super plan like the piece of shit that he is. This is "just print more money" all over again ..
have you not met any Australian voters?
paraphrasing Donald Horne, we're a nation of fools voting for idiots
Yeah, it just surprises me how low we can go =(
He's a senator, and so he doesn't have to do anything since he's on the top of the One Nation ticket. The continuing and increasing popularity of that party certainly says something about the Australian people, however.
They don’t. It’s just a dogwhistle for racism. It doesn’t have to make sense.
You are giving people too much credit
Some of it is stupidly falling for it.. But don't underestimate how much of it is either bad faith actors or people who just want to beleive it.
All they need is someone to say the thing they want to hear and that settles it... Socialism bad see?
Reminds me of everyone who was saying "This thing happening under Trump is like a trial run of the Biden Administration"
The people are just that fucking dumb
In capitalism the gains are privatized, losses are socialized.
The material conditions are not right for true capitalism with trickle-down yet.
I don't know, I'm feeling pretty trickled on in this economy 😿
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