this post was submitted on 06 Jan 2025
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[–] mr_scrawley@feddit.org 13 points 2 days ago (1 children)
[–] MonkeMischief@lemmy.today 5 points 1 day ago

That was a brilliant read.

I appreciated the nuance, and it even added a lot of perspective to the notion that Adam Smith's "capitalism" concept was not the evil and inhuman machine we experience today.

I've noticed this move to "technofeudalism" everywhere but didn't have a name for it. It's exhausting seeing how many services, products, businesses, whatever, all simply want to coast on monthly payments and lock-ins for what amounts to merely keeping the lights on.

The PetsMart thing was insidious. This surely solidifies the definition of "human resources": Seeking to control people as "assets" that generate profits like (proprietary) batteries.

It seems it should be a priority goal to undermine the corporate and wealthy's dominion over "assets." They'd be terrified of this, as they might actually have to do something besides acquire everyone else's hard work for a change!

[–] octopus_ink@lemmy.ml 160 points 2 days ago
[–] insaan@leftopia.org 24 points 2 days ago

Strong "I can fix him" energy out there.

[–] squid_slime@lemm.ee 35 points 2 days ago (16 children)

The flaw in capitalism and the flaw that makes it unmanageable is how over time capitalism will find ways to extract more for less.

This will always fall to the workers. The recent recession had tax payers bail out the banks as well as pay bonuses. all because banks got very greedy.

[–] k1nk33@lemmy.world 3 points 1 day ago

That's a main feature dude!

[–] Juice@midwest.social 37 points 2 days ago (1 children)

Its not a flaw, its working as planned. But yeah, our "market solutions", basically any problem created by capitalism just gets exploited for profit. Even when the economy crashes its actually a good thing for the very rich, as it " disciplines" labor, moves people down and out of the middle class which lowers wages systematically, takes out a few competitors, etc.,

[–] PolandIsAStateOfMind@lemmy.ml 14 points 2 days ago

Even when the economy crashes its actually a good thing for the very rich, as it " disciplines" labor, moves people down and out of the middle class which lowers wages systematically, takes out a few competitors, etc.,

If you look at it, every crisis always results in transfer of wealth up. Covid was the biggest up to date.

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[–] Clent@lemmy.dbzer0.com 8 points 2 days ago (4 children)

Not everyone. Capitalists love capitalism. It's the people who aren't capitalists but think they are because they love capitalism.

Sort of like how people think they are Christian's because they go to church believe in Jesus, but don't actually follow the teachings.

People think they are all sorts of things they are not and make themselves and or other miserable because of their fantasies.

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