this post was submitted on 25 Jan 2024
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I don't agree. Capitalism is and has always been about greed. It's why people invest, to get maximum profits and externalise all the negative side-effects.
I think capitalism works if it's balanced with socialism and strongly restricted by law as we used to do in the Netherlands and some EU countries still do. Unfortunately the Netherlands was lost to the neoliberals and now to the fascists :( But luckily I don't live there anymore.
I can see how you arrive at this conclusion. Not sure I necessarily follow it since I invest (and always have) in things I believe in. Buying additional plates is an investment in having guests over for example.
But I‘m also neurologically different from most peeps. The folks that invest without empathy fall into two categories in my head: the ignorant and the evil. The ignorant need to be educated, by force if necessary. The evil need to be stopped.
Still, I can see that capitalism has become corrupted and needs to go. It’s too complicated for everyone to understand its side effects. Maybe even for me. But I still think its people born or raised without a conscience that will corrupt anything we build. Those need to be stopped as well.