▲ 37 ▼ Capitalism is nothing but a giant pyramid scheme. (infosec.pub) submitted 3 years ago by its_a_mit@infosec.pub to c/showerthoughts@lemmy.world 81 comments fedilink hide all child comments
[–] Corkyskog@sh.itjust.works 0 points 3 years ago (1 child) I don't think people actually agree on the definition of capitalism itself, I just looked it up and was a little surprised how definitive it is: an economic and political system in which a country's trade and industry are controlled by private owners for profit. If you asked whether capitalism is a political system, at least in my random polling, 2 out of 9 respondents said No. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] Platomus@lemm.ee 2 points 3 years ago (1 child) Capitalism is an economic system with as little government intervention possible. Doesn't the bolded part make it a political system then? permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] Platomus@lemm.ee 0 points 3 years ago (1 child) Lobbiest that work for companies do that constantly because of Capitalism. It's an entire field of work. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] MrMonkey@lemm.ee 1 point 3 years ago fascist capitalist systems Pedantic man to the rescue! Fascism was a "third way" from "capitalism" and "communism". Fascism means state control (if not ownership) of "the means of production". permalink fedilink source parent [–] markr@lemmy.world 0 points 3 years ago (1 child) most socialist systems participated in the capitalist economic system. The USSR, for example, attempted to create the capitalist mode of production that was almost entirely lacking when the revolution overthrew the czarist regime. They had to, according to their marxist theories, in order to develop a proletariat with a revolutionary consciousness. Similarly China was faced with an economic system that was the shambles left over from the long degeneration and colonial exploitation of the ancient regime, and proceeded to attempt to build a modern capitalist economy under the control of the party, as the USSR was doing. In both the USSR (except for the brief period of the NEP) and the initial attempt during Mao's lifetime, the market exchange was not used to set prices or drive production and planning, but instead top down '5 year plans' were used. They didn't work well, why is a complicated discussion, they actually might work a lot better now using the vast compute, information and communication tech available. The USSR under Gorbachev attempted to reform both their political and economic systems and collapsed. China looked at that and reformed their economic system, allowing much of the economy to be market based rather than planned, while keeping political control under the party. Their reform has been spectacularly successful in modernizing their economy, so successful that the USA at this point is determined to sabotage their system and, if necessary, destroy them militarily rather than allow them to dominate the global system. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] markr@lemmy.world 1 point 3 years ago Information about economic activity and external events are routinely input into sophisticated economic modeling systems and analyzed accurately for their effects within seconds. To a certain extent, more and more so as this monopolistic era unfolds, we have top down central planning, just the kind neoliberals like. permalink fedilink source parent [–] viliam@feddit.ch 0 points 3 years ago (1 child) Government intervention goes the other way: capitalists like intervening into government. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 1 point 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] Platomus@lemm.ee 2 points 3 years ago (1 child) Capitalism is an economic system with as little government intervention possible. Doesn't the bolded part make it a political system then? permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] Platomus@lemm.ee 0 points 3 years ago (1 child) Lobbiest that work for companies do that constantly because of Capitalism. It's an entire field of work. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] MrMonkey@lemm.ee 1 point 3 years ago fascist capitalist systems Pedantic man to the rescue! Fascism was a "third way" from "capitalism" and "communism". Fascism means state control (if not ownership) of "the means of production". permalink fedilink source parent [–] markr@lemmy.world 0 points 3 years ago (1 child) most socialist systems participated in the capitalist economic system. The USSR, for example, attempted to create the capitalist mode of production that was almost entirely lacking when the revolution overthrew the czarist regime. They had to, according to their marxist theories, in order to develop a proletariat with a revolutionary consciousness. Similarly China was faced with an economic system that was the shambles left over from the long degeneration and colonial exploitation of the ancient regime, and proceeded to attempt to build a modern capitalist economy under the control of the party, as the USSR was doing. In both the USSR (except for the brief period of the NEP) and the initial attempt during Mao's lifetime, the market exchange was not used to set prices or drive production and planning, but instead top down '5 year plans' were used. They didn't work well, why is a complicated discussion, they actually might work a lot better now using the vast compute, information and communication tech available. The USSR under Gorbachev attempted to reform both their political and economic systems and collapsed. China looked at that and reformed their economic system, allowing much of the economy to be market based rather than planned, while keeping political control under the party. Their reform has been spectacularly successful in modernizing their economy, so successful that the USA at this point is determined to sabotage their system and, if necessary, destroy them militarily rather than allow them to dominate the global system. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] markr@lemmy.world 1 point 3 years ago Information about economic activity and external events are routinely input into sophisticated economic modeling systems and analyzed accurately for their effects within seconds. To a certain extent, more and more so as this monopolistic era unfolds, we have top down central planning, just the kind neoliberals like. permalink fedilink source parent [–] viliam@feddit.ch 0 points 3 years ago (1 child) Government intervention goes the other way: capitalists like intervening into government. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 1 point 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] Platomus@lemm.ee 2 points 3 years ago (1 child) Capitalism is an economic system with as little government intervention possible. Doesn't the bolded part make it a political system then? permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] Platomus@lemm.ee 0 points 3 years ago (1 child) Lobbiest that work for companies do that constantly because of Capitalism. It's an entire field of work. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] MrMonkey@lemm.ee 1 point 3 years ago fascist capitalist systems Pedantic man to the rescue! Fascism was a "third way" from "capitalism" and "communism". Fascism means state control (if not ownership) of "the means of production". permalink fedilink source parent [–] markr@lemmy.world 0 points 3 years ago (1 child) most socialist systems participated in the capitalist economic system. The USSR, for example, attempted to create the capitalist mode of production that was almost entirely lacking when the revolution overthrew the czarist regime. They had to, according to their marxist theories, in order to develop a proletariat with a revolutionary consciousness. Similarly China was faced with an economic system that was the shambles left over from the long degeneration and colonial exploitation of the ancient regime, and proceeded to attempt to build a modern capitalist economy under the control of the party, as the USSR was doing. In both the USSR (except for the brief period of the NEP) and the initial attempt during Mao's lifetime, the market exchange was not used to set prices or drive production and planning, but instead top down '5 year plans' were used. They didn't work well, why is a complicated discussion, they actually might work a lot better now using the vast compute, information and communication tech available. The USSR under Gorbachev attempted to reform both their political and economic systems and collapsed. China looked at that and reformed their economic system, allowing much of the economy to be market based rather than planned, while keeping political control under the party. Their reform has been spectacularly successful in modernizing their economy, so successful that the USA at this point is determined to sabotage their system and, if necessary, destroy them militarily rather than allow them to dominate the global system. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] markr@lemmy.world 1 point 3 years ago Information about economic activity and external events are routinely input into sophisticated economic modeling systems and analyzed accurately for their effects within seconds. To a certain extent, more and more so as this monopolistic era unfolds, we have top down central planning, just the kind neoliberals like. permalink fedilink source parent
[+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] Platomus@lemm.ee 0 points 3 years ago (1 child) Lobbiest that work for companies do that constantly because of Capitalism. It's an entire field of work. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] MrMonkey@lemm.ee 1 point 3 years ago fascist capitalist systems Pedantic man to the rescue! Fascism was a "third way" from "capitalism" and "communism". Fascism means state control (if not ownership) of "the means of production". permalink fedilink source parent [–] markr@lemmy.world 0 points 3 years ago (1 child) most socialist systems participated in the capitalist economic system. The USSR, for example, attempted to create the capitalist mode of production that was almost entirely lacking when the revolution overthrew the czarist regime. They had to, according to their marxist theories, in order to develop a proletariat with a revolutionary consciousness. Similarly China was faced with an economic system that was the shambles left over from the long degeneration and colonial exploitation of the ancient regime, and proceeded to attempt to build a modern capitalist economy under the control of the party, as the USSR was doing. In both the USSR (except for the brief period of the NEP) and the initial attempt during Mao's lifetime, the market exchange was not used to set prices or drive production and planning, but instead top down '5 year plans' were used. They didn't work well, why is a complicated discussion, they actually might work a lot better now using the vast compute, information and communication tech available. The USSR under Gorbachev attempted to reform both their political and economic systems and collapsed. China looked at that and reformed their economic system, allowing much of the economy to be market based rather than planned, while keeping political control under the party. Their reform has been spectacularly successful in modernizing their economy, so successful that the USA at this point is determined to sabotage their system and, if necessary, destroy them militarily rather than allow them to dominate the global system. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] markr@lemmy.world 1 point 3 years ago Information about economic activity and external events are routinely input into sophisticated economic modeling systems and analyzed accurately for their effects within seconds. To a certain extent, more and more so as this monopolistic era unfolds, we have top down central planning, just the kind neoliberals like. permalink fedilink source parent
[–] Platomus@lemm.ee 0 points 3 years ago (1 child) Lobbiest that work for companies do that constantly because of Capitalism. It's an entire field of work. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] MrMonkey@lemm.ee 1 point 3 years ago fascist capitalist systems Pedantic man to the rescue! Fascism was a "third way" from "capitalism" and "communism". Fascism means state control (if not ownership) of "the means of production". permalink fedilink source parent [–] markr@lemmy.world 0 points 3 years ago (1 child) most socialist systems participated in the capitalist economic system. The USSR, for example, attempted to create the capitalist mode of production that was almost entirely lacking when the revolution overthrew the czarist regime. They had to, according to their marxist theories, in order to develop a proletariat with a revolutionary consciousness. Similarly China was faced with an economic system that was the shambles left over from the long degeneration and colonial exploitation of the ancient regime, and proceeded to attempt to build a modern capitalist economy under the control of the party, as the USSR was doing. In both the USSR (except for the brief period of the NEP) and the initial attempt during Mao's lifetime, the market exchange was not used to set prices or drive production and planning, but instead top down '5 year plans' were used. They didn't work well, why is a complicated discussion, they actually might work a lot better now using the vast compute, information and communication tech available. The USSR under Gorbachev attempted to reform both their political and economic systems and collapsed. China looked at that and reformed their economic system, allowing much of the economy to be market based rather than planned, while keeping political control under the party. Their reform has been spectacularly successful in modernizing their economy, so successful that the USA at this point is determined to sabotage their system and, if necessary, destroy them militarily rather than allow them to dominate the global system. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] markr@lemmy.world 1 point 3 years ago Information about economic activity and external events are routinely input into sophisticated economic modeling systems and analyzed accurately for their effects within seconds. To a certain extent, more and more so as this monopolistic era unfolds, we have top down central planning, just the kind neoliberals like. permalink fedilink source parent
[+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] MrMonkey@lemm.ee 1 point 3 years ago fascist capitalist systems Pedantic man to the rescue! Fascism was a "third way" from "capitalism" and "communism". Fascism means state control (if not ownership) of "the means of production". permalink fedilink source parent [–] markr@lemmy.world 0 points 3 years ago (1 child) most socialist systems participated in the capitalist economic system. The USSR, for example, attempted to create the capitalist mode of production that was almost entirely lacking when the revolution overthrew the czarist regime. They had to, according to their marxist theories, in order to develop a proletariat with a revolutionary consciousness. Similarly China was faced with an economic system that was the shambles left over from the long degeneration and colonial exploitation of the ancient regime, and proceeded to attempt to build a modern capitalist economy under the control of the party, as the USSR was doing. In both the USSR (except for the brief period of the NEP) and the initial attempt during Mao's lifetime, the market exchange was not used to set prices or drive production and planning, but instead top down '5 year plans' were used. They didn't work well, why is a complicated discussion, they actually might work a lot better now using the vast compute, information and communication tech available. The USSR under Gorbachev attempted to reform both their political and economic systems and collapsed. China looked at that and reformed their economic system, allowing much of the economy to be market based rather than planned, while keeping political control under the party. Their reform has been spectacularly successful in modernizing their economy, so successful that the USA at this point is determined to sabotage their system and, if necessary, destroy them militarily rather than allow them to dominate the global system. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] markr@lemmy.world 1 point 3 years ago Information about economic activity and external events are routinely input into sophisticated economic modeling systems and analyzed accurately for their effects within seconds. To a certain extent, more and more so as this monopolistic era unfolds, we have top down central planning, just the kind neoliberals like. permalink fedilink source parent
[–] MrMonkey@lemm.ee 1 point 3 years ago fascist capitalist systems Pedantic man to the rescue! Fascism was a "third way" from "capitalism" and "communism". Fascism means state control (if not ownership) of "the means of production". permalink fedilink source parent
[–] markr@lemmy.world 0 points 3 years ago (1 child) most socialist systems participated in the capitalist economic system. The USSR, for example, attempted to create the capitalist mode of production that was almost entirely lacking when the revolution overthrew the czarist regime. They had to, according to their marxist theories, in order to develop a proletariat with a revolutionary consciousness. Similarly China was faced with an economic system that was the shambles left over from the long degeneration and colonial exploitation of the ancient regime, and proceeded to attempt to build a modern capitalist economy under the control of the party, as the USSR was doing. In both the USSR (except for the brief period of the NEP) and the initial attempt during Mao's lifetime, the market exchange was not used to set prices or drive production and planning, but instead top down '5 year plans' were used. They didn't work well, why is a complicated discussion, they actually might work a lot better now using the vast compute, information and communication tech available. The USSR under Gorbachev attempted to reform both their political and economic systems and collapsed. China looked at that and reformed their economic system, allowing much of the economy to be market based rather than planned, while keeping political control under the party. Their reform has been spectacularly successful in modernizing their economy, so successful that the USA at this point is determined to sabotage their system and, if necessary, destroy them militarily rather than allow them to dominate the global system. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] markr@lemmy.world 1 point 3 years ago Information about economic activity and external events are routinely input into sophisticated economic modeling systems and analyzed accurately for their effects within seconds. To a certain extent, more and more so as this monopolistic era unfolds, we have top down central planning, just the kind neoliberals like. permalink fedilink source parent
[+] EhList@lemmy.world 0 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] markr@lemmy.world 1 point 3 years ago Information about economic activity and external events are routinely input into sophisticated economic modeling systems and analyzed accurately for their effects within seconds. To a certain extent, more and more so as this monopolistic era unfolds, we have top down central planning, just the kind neoliberals like. permalink fedilink source parent
[–] markr@lemmy.world 1 point 3 years ago Information about economic activity and external events are routinely input into sophisticated economic modeling systems and analyzed accurately for their effects within seconds. To a certain extent, more and more so as this monopolistic era unfolds, we have top down central planning, just the kind neoliberals like. permalink fedilink source parent
[–] viliam@feddit.ch 0 points 3 years ago (1 child) Government intervention goes the other way: capitalists like intervening into government. permalink fedilink source parent hideshow 2 child comments replies: [+] EhList@lemmy.world 1 point 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[+] EhList@lemmy.world 1 point 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent