this post was submitted on 20 Aug 2023
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[–] FluffyPotato@lemm.ee 12 points 1 year ago (22 children)

Really depends on what you mean by market. Like a market has existed since humans have and probably will until post-scarcity. The market we have now with arcane rules that all end up enriching people with more money than any one human will ever need is something that has been in the making since industrialization. That market is pretty much at a point where salvaging it is not really possible even if there was any attempt made to do so. Control of how that market works seems to be at the hands of bad actors who just want to squeeze as much wealth out of it as they can, screwing over anyone else.

Like for example the power companies in my country stopped producing power on their own and bought power from neighboring countries just to sell it to locals at a higher rate. Basically just acting as middle men without providing anything of worth. That drove the price of power to hit 300% more than the year prior. The only reason they stopped was because our government started their own power plan with locally produced power forcing those companies to compete with it but the damage was done and power prices never went back to normal like they never do when companies inflate prices. A market regulated by people who only care about profit will never work.

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[–] pm_boobs_send_nudes@lemmy.world 12 points 1 year ago (13 children)

That's an extremely narrow view point I'd say. In my country the government promotes the growth of existing big corporations so that there can be more jobs and infrastructure development - but this has in the end lead to a widening of gap and has essentially only made the rich even richer.

I genuinely believe promoting start ups is better for the middle class than big corporations, as usually startups pay a crazy amount of money if you ask for it compared to what a big rich corpo would give you (ironically).

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[–] Ibex0@lemmy.world 11 points 1 year ago (6 children)
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[–] UnfortunateShort@lemmy.world 11 points 1 year ago (11 children)

I know a lot of you are meming, but the amount of dogshit takes here is almost depressing.

There is no single answer to what a good government looks like, there is no "best one" and surely any single one that is based purely on ideals or idealized human behavior will fail, no matter how hard you believe in it.

One of the arguably most successful governments is the Chinese one and they are and were neither just, nor friendly, nor purely capitalist, communist or authoritarian. They are very China first and fuck everyone else and that works because of a lack of conscience and them adapting to everything without a second thought. Looking away and screwing people over as needed. You can be capitalist as long as it works for them. You can do whatever if it benefits them.

The US does this too, in different ways with similar effects.

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