capitalism can work if it’s regulated and everyone pays their fare share, but as we all know – that’s not actually capitalism. Still, a lot of people believe in that system and think it can continue to operate as long as the corruptible elements of it are mitigated
Regulations are always, inevitably, destroyed by capitalism. Even when it’s in the market’s best interests, capitalism still needs ever increasing profits for capitalism to function. As the rate of profit declines the capitalists have to go after the very regulations that capitalism needed to work in the first place.
I think as the capital owning class is the ruling class, then it’s capitalism even if everyone pays an equivalent share to the state. I think the crux of the issue is if there is a group of people who can meet their living needs without having to sell their labor.
Capitalism cannot work even if its regulated and people taxed higher, it cannot outpace the tendency for the rate of profit to fall, and this tendency forces companies to raise absolute profits through centralization and international hyper-exploitation, both of which have limits. Furthermore, that’s still Capitalism, as Capital is still superior to Humanity, rather than the reverse.
capitalism can work if it’s regulated and everyone pays their fare share, but as we all know – that’s not actually capitalism. Still, a lot of people believe in that system and think it can continue to operate as long as the corruptible elements of it are mitigated
Regulations are always, inevitably, destroyed by capitalism. Even when it’s in the market’s best interests, capitalism still needs ever increasing profits for capitalism to function. As the rate of profit declines the capitalists have to go after the very regulations that capitalism needed to work in the first place.
I think as the capital owning class is the ruling class, then it’s capitalism even if everyone pays an equivalent share to the state. I think the crux of the issue is if there is a group of people who can meet their living needs without having to sell their labor.
The disabled and impoverished benefiting from societal programs are not the issue, Capitalists are.
Capitalism cannot work even if its regulated and people taxed higher, it cannot outpace the tendency for the rate of profit to fall, and this tendency forces companies to raise absolute profits through centralization and international hyper-exploitation, both of which have limits. Furthermore, that’s still Capitalism, as Capital is still superior to Humanity, rather than the reverse.