Fascist regimes generally came into existence in times of crisis
Too bad that modern capitalism produces wealth like no other system - the supposed resurgence of fascism never happened despite EU running capitalism for 79 years since the World War 2.
We waste tremendous amounts of food but people go hungry.
This waste may look big in absolute numbers, but probably isn’t meaningful as percentage of total economy - we’re wealthy so many of us can afford to be a little wasteful.
Capitalism optimizes for profit and profit only. Sometimes that leads to good outcomes, sometimes it leads to bad outcomes.
Usually bad outcomes are the corner cases - I’m perfectly aware that they exist (harmful monopolies, CO2, ect.) But it’s the role of solid legal framework to deal with these issues.
On the other hand you have at best no idea what sort of pathologies can arise in alternatives to capitalism, and at worst it can be repeat of the of USSR or North Korea.
I’m used to shallow responses that regurgitate the capitalist realism everyone grows up in but this one is exceptionally poor.
We waste food on an industrial scale, it’s not just household waste. Grocery stores dump good food all the time, sometimes going so far as to spoil it or otherwise prevent it from being retrieved from the dumpsters they toss it in.
You’re also just parroting the notion that socialism means authoritarianism, there are many examples of non-democratic and pseudo-democratic countries with a capitalist economy, this is because the economic system is different from the political system.
The biggest irony with your (poorly thought out but strongly held) belief is that a socialist economy IS more democratic. Workers owning their workplaces and benefiting from their output and participating in decision making is more democratic and free than the petite dictatorships that make up a capitalist economy.
As a worker you are only hired and remain employed insofar as you produce more value for the company than you cost, that’s a plain fact. This means that the people who own your company are taking wealth that you produce. This is the “freedom” you’re blindly advocating for.
I wonder why you feel like you must be a champion for this exploitative system. You’re being so submissive to your owners. What a good little worker.
Exactly, capitalist markets are really good at extracting resources from the land and labour from the people to make a profit, they just don’t know where to stop until it’s too late unless they are regulated.
You’re trying to paint production in a negative way, while in reality competitive markets converge to most fair prices
Law of supply and demand dictates that too low wage will fail to attract workers, while too high wage will result in product that is too expensive and won’t attract customers willing to buy.
It’s a beautiful, self regulating communication network that pays well for stuff that is in demand and pays little for things nobody wants
This is the economic version of “assume a spherical cow in a vacuum.” An economic “law” is an idealized description of how things work when there are no confounding factors, not a rule the real world is compelled to obey. It turns out the real world is full of confounding factors that make the law too unreliable to predict—or even admit—things the rise of fascism.
It’s a beautiful, self regulating communication network
On paper yes, but Jesus Christ, look around you. It’s only beautiful if you overlook its fatal flaws.
Too low wage and the government will top up those being underpaid by their employer, effectively passing on part of the burden of pay to the tax payer.
If wages rise too high, the government will always step in to make sure it doesn’t continue.
Its highly externally regulated and ultra manipulated by the people who buy labour and own for their money. Sadly, some people still beleive in the “invisible hand” blessed be its name story.
Colonial capitalism captures countries in one way or another and keeps wages depressed in those countries so that the finance sector can extract wealth. Non-wealthy people in the imperial core live in relative privilege off the table scraps.
Your argument only works when you forget about the rest of the world and discount imperial hegemony.
No, it is you who are seeing the world as just markets, as if markets is what produces wealth, as if labour were just a pesky cost that you can’t get rid of.
As the pandemic showed, it is workers that produce wealth and are essential. Markets have their place, but need to be controlled so they don’t kill the people who power them.
Also: markets fail very often when the incentives and structure are not aligned with the socially desired outcomes.
They’re also getting increasingly more efficient at funneling profits to the top, rather to the greatest value producers: labourers. This is wage theft. Get it all the way to 100% and you have slavery.
Though important to note that slavery does not just meant you don’t get paid. Though I don’t think anyone needs a splainer on that.
Yep, nothing inefficient about an intern commuting via plane from South Carolina to New York everyday because it’s much cheaper than living in New York. /s 🙄
No, you just made a likely bad faith argument he couldn’t be bothered to engage with.
There has been a rise in far-right parties in many countries, many of which don’t officially label themselves as fascist for plausible deniability, while spouting clearly fascist rhetoric. Their current scapegoats of choice include (but are not limited to) immigrants and lgbtq people.
But if you’re not being disingenuous, what do you think fascism is?
Extremist organizations exist always and everywhere - what both of you fail to understand is that they’re very small (although sometimes loud) minorities.
what do you think fascism is?
A totalitarian movement in pre ww2 Italy, that killed a lot of people.
Just to be clear, your argument was Checks notes “Too bad that modern capitalism produces wealth like no other system” had the proof “the supposed resurgence of fascism never happened despite EU running capitalism for 79 years since the World War 2.” was truly a masterclass.
It’s like you had this well thought out idea, and really just made sure everyone understood that yo-
sorry, hahahahhahaha i just cant, every time I read it I laugh again, hahahahah thank you so much this made my day.
Enjoy being ratio’d though, the view is incredible from up here.
the supposed resurgence of fascism never happened despite EU running capitalism for 79 years since the World War 2.
If you took 5 minutes to look into elections in Europe and in US, you’d see that far-right are becoming more dominant in elections, white nationalists and neo-nazis are openly having marches on streets and attacking the “enemy” (like immigrants or muslims), Russia is pretty much an unofficial fascist state right now and so on.
You’re right, resurgence of fascism never happened, but it is happening right now.
This isn’t a bait. I tried once explaining the differences between fascism and nazism and guess what? Got acussed of being fascist. The only reason was because others didn’t like my argument.
What, you think Stiglitz is some kind of dangerous tankie now? Jfc, talk about muddying the waters. The forces that motivated the germans to “seek shelter” from markets with the nazis are the same pushing people to vote for Le Pen, AfD today.
Even Orban’s little dictatorship is a product of the sovereign debt crisis of the EU in 2014. If neoliberals are so blind that they lose touch with their people, voters will seek shelter from market forces either to the left or to the far-right, depending on how they understand what is happening.
I would argue that it was not capitalist benevolence that kept social peace, it was the existence of the USSR that forced capitalist governments to make concessions to the social state to prevent communist influence from expanding westwards, flawed as it was.
Capitalism is neither benevolent nor malevolent - it just happens it has most aligned incentives between egoistic actors
forced capitalist governments to make concessions
Really, really not. People were escaping from socialist USSR republics to western countries. This is why USSR decided to build a wall - their disfunctional system couldn’t compete
The New Deal is an example of capitalists understanding that you need to make some concessions to keep the peace, I’d call that sorta benevolent.
About the USSR: yes, people escaped it, but there was a chance that democracies would flip communist if you squeezed the population too much, so there was a political incentive to creating social policies to control capitalist forces. Without fear of the USSR agitators and backing, they would have had less incentive to compromise a.k.a. TINA.
Fascism was maintained in several European countries way beyond 1940s, such as my homeland Spain. There were also fascist regimes after WW2 outside Europe, such as in Chile or arguably in South Korea and Taiwan.
Well of course it has, fascism is the end result of capitalism. Some would say it’s natural conclusion.
I wonder what sort of echo chamber you must live in, in order to believe this
The real world.
lemmy.ml isn’t the real world
You dont have to be a tankie to understand that the neverending capitalist search for growth leads to exploitation and eventually backlash.
Late stage capitalism?
Fascist regimes generally came into existence in times of crisis, when economic elites, landowners and business owners feared that a revolution or uprising was imminent. Fascists allied themselves with the economic elites, promising to protect their social status and to suppress any potential socialist revolution.. Then Fascists allied themselves with the economic elites, promising to protect their social status and to suppress any potential socialist revolution. There’s more specifics here if you want them.
Too bad that modern capitalism produces wealth like no other system - the supposed resurgence of fascism never happened despite EU running capitalism for 79 years since the World War 2.
producesextracts wealthProduces. Wealth comes from efficient allocation of resources - capitalist free markets are really good at it.
Efficiency under capitalism?
We waste tremendous amounts of food but people go hungry.
We produce absurd levels of clothing, much of which is destroyed and sent to landfills without being worn, but there are people who need it.
We have more houses than unhoused by a huge factor.
Capitalism optimizes for profit and profit only. Sometimes that leads to good outcomes, sometimes it leads to bad outcomes.
It’s not “efficient” in terms of taking care of people’s needs. It’s only efficient in terms of producing profits for the owner and investor classes.
This waste may look big in absolute numbers, but probably isn’t meaningful as percentage of total economy - we’re wealthy so many of us can afford to be a little wasteful.
Usually bad outcomes are the corner cases - I’m perfectly aware that they exist (harmful monopolies, CO2, ect.) But it’s the role of solid legal framework to deal with these issues.
On the other hand you have at best no idea what sort of pathologies can arise in alternatives to capitalism, and at worst it can be repeat of the of USSR or North Korea.
I’m used to shallow responses that regurgitate the capitalist realism everyone grows up in but this one is exceptionally poor.
We waste food on an industrial scale, it’s not just household waste. Grocery stores dump good food all the time, sometimes going so far as to spoil it or otherwise prevent it from being retrieved from the dumpsters they toss it in.
You’re also just parroting the notion that socialism means authoritarianism, there are many examples of non-democratic and pseudo-democratic countries with a capitalist economy, this is because the economic system is different from the political system.
The biggest irony with your (poorly thought out but strongly held) belief is that a socialist economy IS more democratic. Workers owning their workplaces and benefiting from their output and participating in decision making is more democratic and free than the petite dictatorships that make up a capitalist economy.
As a worker you are only hired and remain employed insofar as you produce more value for the company than you cost, that’s a plain fact. This means that the people who own your company are taking wealth that you produce. This is the “freedom” you’re blindly advocating for.
I wonder why you feel like you must be a champion for this exploitative system. You’re being so submissive to your owners. What a good little worker.
Exactly, capitalist markets are really good at extracting resources from the land and labour from the people to make a profit, they just don’t know where to stop until it’s too late unless they are regulated.
You’re trying to paint production in a negative way, while in reality competitive markets converge to most fair prices
Law of supply and demand dictates that too low wage will fail to attract workers, while too high wage will result in product that is too expensive and won’t attract customers willing to buy.
It’s a beautiful, self regulating communication network that pays well for stuff that is in demand and pays little for things nobody wants
This is the economic version of “assume a spherical cow in a vacuum.” An economic “law” is an idealized description of how things work when there are no confounding factors, not a rule the real world is compelled to obey. It turns out the real world is full of confounding factors that make the law too unreliable to predict—or even admit—things the rise of fascism.
On paper yes, but Jesus Christ, look around you. It’s only beautiful if you overlook its fatal flaws.
Too low wage and the government will top up those being underpaid by their employer, effectively passing on part of the burden of pay to the tax payer.
If wages rise too high, the government will always step in to make sure it doesn’t continue.
Its highly externally regulated and ultra manipulated by the people who buy labour and own for their money. Sadly, some people still beleive in the “invisible hand” blessed be its name story.
You really live in an imperial bubble.
Colonial capitalism captures countries in one way or another and keeps wages depressed in those countries so that the finance sector can extract wealth. Non-wealthy people in the imperial core live in relative privilege off the table scraps.
Your argument only works when you forget about the rest of the world and discount imperial hegemony.
No, it is you who are seeing the world as just markets, as if markets is what produces wealth, as if labour were just a pesky cost that you can’t get rid of.
As the pandemic showed, it is workers that produce wealth and are essential. Markets have their place, but need to be controlled so they don’t kill the people who power them.
Also: markets fail very often when the incentives and structure are not aligned with the socially desired outcomes.
They’re also getting increasingly more efficient at funneling profits to the top, rather to the greatest value producers: labourers. This is wage theft. Get it all the way to 100% and you have slavery.
Though important to note that slavery does not just meant you don’t get paid. Though I don’t think anyone needs a splainer on that.
Oh my sweet summer child.
Yep, nothing inefficient about an intern commuting via plane from South Carolina to New York everyday because it’s much cheaper than living in New York. /s 🙄
hahhahahahhahahahahhahahahhahahahahahhahaha
hahahahah ’ hahahahaha
hahaahahahahahahahahahaha
10/10 argument. You lost
Nah. This is all on you.
No, you just made a likely bad faith argument he couldn’t be bothered to engage with.
There has been a rise in far-right parties in many countries, many of which don’t officially label themselves as fascist for plausible deniability, while spouting clearly fascist rhetoric. Their current scapegoats of choice include (but are not limited to) immigrants and lgbtq people.
But if you’re not being disingenuous, what do you think fascism is?
Extremist organizations exist always and everywhere - what both of you fail to understand is that they’re very small (although sometimes loud) minorities.
A totalitarian movement in pre ww2 Italy, that killed a lot of people.
What do you think it is?
Just to be clear, your argument was Checks notes “Too bad that modern capitalism produces wealth like no other system” had the proof “the supposed resurgence of fascism never happened despite EU running capitalism for 79 years since the World War 2.” was truly a masterclass.
It’s like you had this well thought out idea, and really just made sure everyone understood that yo-
sorry, hahahahhahaha i just cant, every time I read it I laugh again, hahahahah thank you so much this made my day.
Enjoy being ratio’d though, the view is incredible from up here.
You live in your own little world, aren’t you?
By people as misguided as you.
What a lemmy moment.
If you took 5 minutes to look into elections in Europe and in US, you’d see that far-right are becoming more dominant in elections, white nationalists and neo-nazis are openly having marches on streets and attacking the “enemy” (like immigrants or muslims), Russia is pretty much an unofficial fascist state right now and so on.
You’re right, resurgence of fascism never happened, but it is happening right now.
No, you’re just one of radicals on the opposite side of political spectrum. Everyone with the wrong opinion is called fascist these days.
Bait used to be believable
This isn’t a bait. I tried once explaining the differences between fascism and nazism and guess what? Got acussed of being fascist. The only reason was because others didn’t like my argument.
Nazism is a flavour of fascism. They’re not “differences”, they’re technicalities
What, you think Stiglitz is some kind of dangerous tankie now? Jfc, talk about muddying the waters. The forces that motivated the germans to “seek shelter” from markets with the nazis are the same pushing people to vote for Le Pen, AfD today.
Even Orban’s little dictatorship is a product of the sovereign debt crisis of the EU in 2014. If neoliberals are so blind that they lose touch with their people, voters will seek shelter from market forces either to the left or to the far-right, depending on how they understand what is happening.
I would argue that it was not capitalist benevolence that kept social peace, it was the existence of the USSR that forced capitalist governments to make concessions to the social state to prevent communist influence from expanding westwards, flawed as it was.
Capitalism is neither benevolent nor malevolent - it just happens it has most aligned incentives between egoistic actors
Really, really not. People were escaping from socialist USSR republics to western countries. This is why USSR decided to build a wall - their disfunctional system couldn’t compete
The New Deal is an example of capitalists understanding that you need to make some concessions to keep the peace, I’d call that sorta benevolent.
About the USSR: yes, people escaped it, but there was a chance that democracies would flip communist if you squeezed the population too much, so there was a political incentive to creating social policies to control capitalist forces. Without fear of the USSR agitators and backing, they would have had less incentive to compromise a.k.a. TINA.
Fascism was maintained in several European countries way beyond 1940s, such as my homeland Spain. There were also fascist regimes after WW2 outside Europe, such as in Chile or arguably in South Korea and Taiwan.