Pretty sure I explicitly struck out all references to communism so I don't know what you're talking about. My comment was about the fanciful idealism required to justify capitalism. Show me one instance of capitalism implemented in democracy (which didn't devolve into cronyism).

[–] RidcullyTheBrown@lemmy.world -1 points 1 year ago* (last edited 1 year ago) (1 children)

Switzerland? Netherlands? Hell, even France, Germany?

Invoking cronyism as a downside in itself is silly. It's not what matters, what matters is the quality of life. And just because US and a few other capitalist countries have drank from the neoliberal fountain and are unable to stop, it doesn't mean that that is the only way. In fact social democracies, of which there are quite a few examples around the world, are pretty much still capitalist democracies whit none of the crap neoliberal ideas lead to.

[–] agamemnonymous@sh.itjust.works 0 points 1 year ago* (last edited 1 year ago) (1 children)

Every one of those four is a mixed economy with significant central economic planning and regulation. Without substantial oversight, capitalism tends to degrade into private monopolies with feudalistic tendencies over time. Like I said, it's an idealistic system which looks great until actual people are involved. Then you have to either modify it past anything but a spiritual similarity, or drown in the neoliberal fountain.

[–] RidcullyTheBrown@lemmy.world 0 points 1 year ago (1 children)

Every one of those four is a mixed economy with significant central economic planning and regulation.

Every one of those four economies are democratic capitalist economies. What is mixed?

[–] agamemnonymous@sh.itjust.works 0 points 1 year ago

central economic planning and regulation

The fact that every successful "capitalist" economy is heavily regulated speaks to the efficacy of pure capitalism.