this post was submitted on 21 Jan 2025
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Even Karl Marx noted capitalism's dynamism and ability to cause change. In my own case, I went from poverty to modest wealth in a capitalist system, and I know many others who had similar experiences. I'm also aware that it empowers sociopaths, causes corruption, of its tendency to degenerate to oligopoly, and its failure to adequately address externalities.
And there are many, many variants of capitalism. The one now prevalent in the US is one of the more lethal strains. Improperly regulated capitalism such as that is a nightmare. Properly regulated, many of its negative features can be mitigated. I could stand living in a social democracy until a better alternative is piloted and proven.
Yeah I agree with this as well. It's not a binary view: either for or against capitalism. You can disapprove of everything happening in the US right now and still be for some form of capitalism.
Most people I know think that the US has gone way too far with their strand of capitalism, and yet they almost range from the complete left-to-right in terms of Dutch politics. Only the very right wing people here think that the US is doing something good right now. The rest, from center-right (or even proper neoliberal) all the way to the commies see a system that is failing in some way.
Yet on Lemmy this nuance seems completely lost sometimes. You're either a part of the capitalists/liberals and therefore approve of the oligarchy and dystopian capitalism in the US, or you join the radical "destroy capitalism" views. It's gotten better after the insane people from Hexbear left tho