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Why are folks so anti-capitalist? (programming.dev)

submitted 1 year ago by o_o@programming.dev to c/asklemmy@lemmy.ml

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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[–] atlasraven31@lemm.ee 4 points 1 year ago

Under capitalism, big companies can get together and raise prices arbitrarily simply to raise profits. In theory, customers would switch to less greedy companies but in reality big companies hold larger market advantages. Fuck greedy capitalism.