alt Hacker NewsCapitalism doesn’t preach to be a solution for monopolistic behavior of actors that accumulate too much power. It’s a known downside of capitalism that has to be actively managed by the state.
Capitalism has still delivered with massive success in China, the US, India, Europe, etc etc. It hasn’t “failed to deliver” in any of those places.
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> downside of capitalism that has to be actively managed by the state.
And all governments in the world seem to be doing a great job at this! /s
> Capitalism has still delivered with massive success in China, the US, India, Europe, etc etc.
Ah yes, the “massive success” where people can’t afford a place to live, struggle to cover basic necessities, are increasingly lonely, radicalised, unhappy, depressed… But hey, at least you can look at cat videos all day while enriching a small number of individuals who don’t even allow you the dignity of not having to piss in bottles as you’re making them more money they will ever be able to spend.
This was precisely my point. No matter how much mistreatment there is, we can always count on someone coming out to ask for more.
So in other words, communism pretends to solve the problem of power accumulation but doesn't, while capitalism doesn't even claim to do so (and only occasionally even sees it as a problem at all)