I don't consider it bad for people to make a profit off my work though. They're always risking something in order for me to be in a position to make profits to begin with. If they weren't I wouldn't need the employer, I'd just have a risk free business that I'd run myself
I don't think the oil companies are a failure of capitalism either. I understand how it looks that way, as they do some real sketchy stuff in the name of profit. But at the end of the day our governments should be regulating them to death, but they aren't and the reason sadly enough is likely that the average citizen simply doesn't care. In countries where an actual majority of the population care you see much better results
Even under full on communism you could still run in to this issue anyway. Oil is a big industry for a reason, it's really useful and relatively cheap you could easily see a communist society choosing to use it ignoring the downsides
I think capitalism's flaws are obvious, which I like. Because we can easily rectify them with government regulation
Do you have an example of a flaw of capitalism that can't be solved? Other than just the idea that profiting off someone else's labour is wrong, as I think that's really more of a philosophical question that I don't think 90% of people would agree with
See that isn't very consistent is it?
If you hold non voting stock you can't vote on company decisions. But the company does now need to pay you a dividend, which according to you would be immoral as it would mean a third party is profiting from their labour correct?
Man I just find it frustrating that not a single socialist I've met or talked to can accurately explain their system given any amount of pushback
I can understand wanting to restructure your entire economy because you're currently facing issues with your current system. But in my opinion the failing isn't of the economic system but the system built around it. I truly believe with a well implemented tax system and regulations we could keep everyone's needs met
Meaning potentially negative taxation for those of low income and higher taxation as you move upwards
I don't feel we can blame our economy for the way we're currently fucking over the plant it terms of climate. Many socialist projects were massively damaging to the environment as well, in both systems the only real fix is regulation. Which I wish we could pass but unfortunately the reality is that in a lot of places voters simply don't want it (which is dumb)
If you truly want to critique capitalism I think it would be beneficial to understand how it works and some level of the economics
Which by the way if you can come up with a cohesive plan for socialism I'd love to see it. As I think fundamentally we want the same things, and I don't mind which way we go, it's just thus far socialism doesn't seem to be very practical
I can't find any solid evidence for this Pakistan claim. I see that an anonymous source reached out to one outlet, but I haven't found anything to corroborate
Seems a bit tenuous thus far. Do you have any evidence you've seen in particular?
Firstly capitalism does work, it is extremely efficient at what it does which is allocating capital, which I've never heard of a good alternative. Central planning seems pretty trash as an alternative example
But where "capitalism" falls over isn't to do with it at all. Capitalism is an economic system, it doesn't dictate anything about how we setup things like welfare or even ubi if you want. Look at Europe, seems pretty chill to me in a lot of countries that are capitalist
Right so you would make any other structure of company illegal. I don't like that particularly, but from your moral system I get it. But then we probably have a fundamental disagreement there that can't be resolved easily
What really annoys me about socialists/communists is you always want to handwave your bullshit system. You don't even know how to start a business under your system but want to advocate for it!
Being better than a moronic Marxist in this respect doesn't excuse you of understanding what your system entails
Also please don't tell me to do my own research on your proposed system, you should be able to explain if you want entire countries to switch economic models
If you can easily validate any of the answers. And you have to to know if they're actually correct wouldn't it make more sense to just skip the prompt and do the same thing you would to validate?
I think LLMs have a place. But I don't think it's as broad as people seem to think. It makes a lot of sense for boilerplate for example, as it just saves mindless typing. But you still need to have enough knowledge to validate it
LLMs don't "understand" anything. They're just very good at making it look like they sort of do
They also tend to have difficulty giving the answer "I don't know" and will confidently assert something completely incorrect
And this is not generation 0. The field of AI has been around for a long time. It's just now becoming widespread and used where the avg person can see it
But besides that, even if your nation is doing imperialist things surely you would agree that maintaining an army to not get your country absolutely destroyed by any other country at any time is valid
Right, but why do you require every person in the country to work under a co-op? Is it not enough to let them choose?
In your socialist society if a group of people agreed that they would like to set up businesses under a different model what would you do?
And further, if you're calling for an enormous change to the way we structure our economy then shouldn't you be able to articulate how that system will work?
Wait so what's your example of a functioning socialist state/economy?
You mention the USSR, Maoist China, Cuba and the Chiapas. Which of these do you consider a success?
Isn't market socialism literally just a form of capitalism?
Like if you still have markets and a profit incentive then you're not really socialist
Not saying that's bad, just thinking really it has always seemed to me like capitalism with a strong social safety net. Which to me seems ideal, just want to know if I'm missing something?
Do you think investors make decisions in real time? Like do you think the fire services called each member of the board and asked for a vote?
I swear some of you guys have never considered any part of the system you supposedly want to dismantle
I think it would also be healthier if you didn't consider the wealthy as inherently your enemy. Try to consider the actions taken by these people as individuals, otherwise you truly will never get anywhere as any outside person will rightly look at you like a lunatic
Do you have any data to back that up? It would be quite interesting
I don't think regulation is impossible to achieve, look at the EU. And what I am fairly sure of is you have better odds of passing regulation than replacing capitalism entirely
So material waste can be directly tied to cost. If you're trying to bring down cost then you're going to try to reduce waste correct? That's why there is so much work being done for reusable launch vehicles
For space debris and pollution I don't think we can squarely blame capitalism. Under a purely communist economy there's no guarentee that anyone would care any more about it than currently
And you can attack that issue by a combination of penalising companies that create debris and rewarding those that remove it under a capitalist economy
As for it not being entirely comparable. Sure the government spent a lot of money on that early R&D. But do we think that if we banned companies from doing this kind of work that govt agencies like NASA would be necessarily more cost effective, cause less pollution, and less debris?
Do we truly think the board would have wanted the company to keep power on against the request of the govt/fire services?
Is there any proof of that, if so that's very concerning and I'd agree
But I don't see any evidence that the shareholders held some kind of vote and decided to continue on, or had some rule on the books about not complying with emergency services
Like sue the company for sure, it's the fault of the company, but not necessarily the individual investors. They will inherently lose money if you sue the company anyway as their stock will depreciate and they should then exert pressure to make sure this kind of situation can't happen in future
I don't consider it bad for people to make a profit off my work though. They're always risking something in order for me to be in a position to make profits to begin with. If they weren't I wouldn't need the employer, I'd just have a risk free business that I'd run myself
I don't think the oil companies are a failure of capitalism either. I understand how it looks that way, as they do some real sketchy stuff in the name of profit. But at the end of the day our governments should be regulating them to death, but they aren't and the reason sadly enough is likely that the average citizen simply doesn't care. In countries where an actual majority of the population care you see much better results Even under full on communism you could still run in to this issue anyway. Oil is a big industry for a reason, it's really useful and relatively cheap you could easily see a communist society choosing to use it ignoring the downsides
I think capitalism's flaws are obvious, which I like. Because we can easily rectify them with government regulation Do you have an example of a flaw of capitalism that can't be solved? Other than just the idea that profiting off someone else's labour is wrong, as I think that's really more of a philosophical question that I don't think 90% of people would agree with