this post was submitted on 09 Feb 2024
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I'm fine with whatever term we decide means "capitalism fucking sucks". If we need some new term to escape the current terms that bind folk's minds all up against their best interests then enshittisication is better than many
Without capitalism there wouldn't be anything to enshitify...
I wonder what arguments people have to justify a downvote. Polarized either/or views. Capitalism is a great idea if regulated. Look to history and find good examples of societies that aren't based on capitalism. They don't exist.
I agree and value the Marxist analysis of capitalism. I'm a socialist. However, I don't think that a Marxist economy would work. Social responsible capitalism works. Capitalism run amok doesn't. Unfortunately, it is getting out of control, especially in the USA.
What we have here is a capitalism that is devoid of the creation of goods and services; today's capitalism is just neofeudalism in which the capitalist just collects rent without creating anything. This thread is confusing capitalism woth commerce.
What is the solution for when capitalism purchases the regulators? You can purchase SCOTUS rulings for laughably cheap and legislation for even less. If you're really into it, you can spend several decades building up a propaganda network so low information clowns will vote in an obvious con man. He'll drop corporate taxes down to zero, give trillions in handouts, and dismantle pesky shit like the EPA. Profits!
If you were a socialist you'd know what dialectical materialism is and not say something like "Marxist economy".