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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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[–] HonestMistake_@lemmy.ml 8 points 1 year ago (1 children)

We may not be quite there yet, be we're firmly going in that direction. An ever smaller number of gigantic corps owning ever more of... everything.

[–] Zyansheep@lemmy.ml 0 points 1 year ago

The mechanistic reasoning might be plausible, but is there any actual examples of a modern capitalist society regressing back to some form of feudalism to any significant degree?

The point where I'd be worried is when a single company is the majority of a country's GDP or has complete control over the government. The only examples I can think of that even get close to these possibilities are South Korea's Chaebols or Hong Kong's corporate voting block.