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palmoteayesterday at 6:18 PM1 replyview on HN

> I would look to the past, but only as far back as free market capitalism, to replace the crony capitalism that we have right now in the US.

Free market capitalism won't save us from a future were automation reaches a point that it creates a large, unemployable underclass. And that's the future the tech and business elite have been promising us (at least until they belatedly realized that was the quiet part they shouldn't be saying out loud).

I'm going to take their word on those promises, when considering regulation to constrain them.

> Both have their issues, but nothing compared to communism. There's still time to correct course without that nonsense being involved.

I would like a communism that is basically capitalism, but with the capital more-or-less evenly distributed among the workers. Keep a lot of the economic system, but replace it with other things: mutuals, worker-owned businesses, maybe 50-50 JVs between labor and investors, some "all of the above" combination, etc.


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miyojiyesterday at 6:38 PM

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