See, I think capitalism can work, we just need way more controls. Taxes that prevent billionaires from ever happening. Incentives for corporations to invest most of their profits into R&D.
Make smaller profit margins necessary to stay afloat. That means they either need to cut prices and/or invest in people (which is essentially what R&D is).
Actually enforce antitrust laws. Make forming a corporation, let alone a conglomerate, unpalatable compared to forming an NPO.
The biggest poison is the profit-driven media landscape (traditional and social). Particularly “news”. Something needs to happen there, first.
Put a 500% tax on political contributions from PACs and a hard cap on total political donations from an individual (that’s actually enforced and loopholes closed up).
Capitalism without corporations. Without billionaires. With strong regulation and very limited lobbying. It could work. It’ll never happen, but it could work…and it’s probably a necessary stepping stone to full blown socialist utopia.
The problem with all those measures aiming to make things fairer, is that the ones able to implement them are the ones benefitting from the most. This directly for the political measures, and indirectly for the corpo ones (due to the political measures)
The only way this is being changed is with a revolution or being forced due to protests. But social media is not only profit driven, but also an excellent way to control the flow of information.
And with the surveillance state that every country is seemingly moving towards this is only gonna get better.
I totally agree with you. Its obvious to anyone that “capitalism” as most people know it is super simple on the surface: I have thing or skill. You want things or skill. Depending how many people want thing or skill, I get paid fairly for it. To be honest, for me (healthy, able bodied and have a support network) I don’t mind working and getting paid fairly for my skills; its a normal part of human life to work to get food. Granted, I’m in a VERY lucky minority. There needs to be Norway style welfare for the old, sick, and unable to work. As far as dumb/ignorant people (be honest, you’ve met them) who are able bodied but just can’t do anything useful, I’m not sure what to do about them.
But then we have money in politics, monopolies, 1 person (fucking Rupert) owning every media outlet, and the system quickly falls apart.
I envision more of a hybrid utopia…strong social programs (potentially even UBI), paid for largely by taxes by businesses.
Income taxes are straight-up bullshit and intended solely to fuck the lower and middle classes. I exponentially incrementing taxes on additional real estate. I want higher taxes on luxury goods. I want a higher gas tax and further incentives for green energy and public transit expansions.
Middle class, especially, gets all of the stick and barely any of the carrot. That needs to change.
But I also think essential industries should also be entirely socialized (like healthcare) or implement point-solutions to bolster the bottom 90% when markets get all fucky…such as heavily subsidizing first-time homebuyers, government pays x% upto $Y. (While at the same time also promoting more development of high- and medium- density housing, and transit to service it)
Anyway, that’s my utopia. I don’t think capitalism is inherently evil. I don’t think a true socialist utopia can exist unless we are post-scarcity and solve a lot of other blockers. I do think that both systems have pros and cons, and some sort of middle-ground needs to be found. One that actually favors the majority of the people.
See, I think capitalism can work, we just need way more controls. Taxes that prevent billionaires from ever happening. Incentives for corporations to invest most of their profits into R&D.
Make smaller profit margins necessary to stay afloat. That means they either need to cut prices and/or invest in people (which is essentially what R&D is).
Actually enforce antitrust laws. Make forming a corporation, let alone a conglomerate, unpalatable compared to forming an NPO.
The biggest poison is the profit-driven media landscape (traditional and social). Particularly “news”. Something needs to happen there, first.
Put a 500% tax on political contributions from PACs and a hard cap on total political donations from an individual (that’s actually enforced and loopholes closed up).
Capitalism without corporations. Without billionaires. With strong regulation and very limited lobbying. It could work. It’ll never happen, but it could work…and it’s probably a necessary stepping stone to full blown socialist utopia.
So you’re imaging capitalism except capitalism is suborned to the state
Like in the USSR and China
The problem with all those measures aiming to make things fairer, is that the ones able to implement them are the ones benefitting from the most. This directly for the political measures, and indirectly for the corpo ones (due to the political measures)
The only way this is being changed is with a revolution or being forced due to protests. But social media is not only profit driven, but also an excellent way to control the flow of information.
And with the surveillance state that every country is seemingly moving towards this is only gonna get better.
I totally agree with you. Its obvious to anyone that “capitalism” as most people know it is super simple on the surface: I have thing or skill. You want things or skill. Depending how many people want thing or skill, I get paid fairly for it. To be honest, for me (healthy, able bodied and have a support network) I don’t mind working and getting paid fairly for my skills; its a normal part of human life to work to get food. Granted, I’m in a VERY lucky minority. There needs to be Norway style welfare for the old, sick, and unable to work. As far as dumb/ignorant people (be honest, you’ve met them) who are able bodied but just can’t do anything useful, I’m not sure what to do about them.
But then we have money in politics, monopolies, 1 person (fucking Rupert) owning every media outlet, and the system quickly falls apart.
I envision more of a hybrid utopia…strong social programs (potentially even UBI), paid for largely by taxes by businesses.
Income taxes are straight-up bullshit and intended solely to fuck the lower and middle classes. I exponentially incrementing taxes on additional real estate. I want higher taxes on luxury goods. I want a higher gas tax and further incentives for green energy and public transit expansions.
Middle class, especially, gets all of the stick and barely any of the carrot. That needs to change.
But I also think essential industries should also be entirely socialized (like healthcare) or implement point-solutions to bolster the bottom 90% when markets get all fucky…such as heavily subsidizing first-time homebuyers, government pays x% upto $Y. (While at the same time also promoting more development of high- and medium- density housing, and transit to service it)
Anyway, that’s my utopia. I don’t think capitalism is inherently evil. I don’t think a true socialist utopia can exist unless we are post-scarcity and solve a lot of other blockers. I do think that both systems have pros and cons, and some sort of middle-ground needs to be found. One that actually favors the majority of the people.