What the fuck even is “stakeholder capitalism”. You mean the people with money???
I assumed it meant capitalism where everyone is a stakeholder of the company they work for or something like that.
Maybe they don’t know what a retail investor (hog for slaughter) is but tried to express the same concept
To be fair experimenting is good. It’s still better than feudal system. I just wish we experimented with other models once in a while too.
I will read a sci-fi novel thousands of years into the future with fantasy-magic system, and economic model is still “21st century capitalism but we replaced the word money with credits so it’s future now.”
we do. those just get bombed away a lot of the time they pop up.
or explained away as a brutal undemocratic regime or something.
Would be harder to explain it away if they weren’t brutal undemocratic regimes though
Capitalism exists to replace feudal systems. It’s easier to have kings, and to have a handful of them so they aren’t fighting as much for a single spot, when you convince the average idiot that now they can also be a king and its their own fault that they aren’t(or better yet, another person’s fault as you oppress them both).
When all the people who had gotten rich by being parasites because of who they were related got afraid they just changed the rules so that it wasn’t ahout blood relation anymore(on paper) but they still had all the money they’d stolen. Nothing functionally changed.
The entire system “the rich get everything they want and no one gets to stop them” does not have a good version. It’s fucked every single way.
It’s still better than feudal system.
According to whom? I wonder what we would see if we were to compare the average amount of labour time feudal peasants had to put in to survive vs. that of the current global proletariat.
I’d agree that capitalism has been better for some - like, for instance, white ex-peasants who now gets to be members of the (so-called) “middle class” or gets to cosplay as pseudo-nobility in colonised spaces- but it has been an unmitigated disaster for lots of others.
According to whom?
According to Marx, Engels, Lenin and any other respectable communist.
Capitalism is a historical progression rather than something you adopt willy nilly, and it has expanded productive forces significantly allowing us to produce stuff far more efficiently in far higher quality and complexity. With feudalism, it’s mode of production was far more individualized, with peasants essentially producing for their and their family’s subsistence only, and artisans in guilds would only work in small groups, limiting to what they can produce.
Therefore, this expansion of productive powers in capitalism in theory leads to better life quality, less socially necessary labor time to provide for everyone, less mortality given how we can now produce things like insulin in complex labs, etc.
Keyword is in theory - in practice, everything else in the system goes against that, leads to overproduction and having us proletariat work for much higher hours than is socially necessary, it concentrates wealth to private owners giving them immense political power. That’s what communists are trying to do - progress forward so we produce not for profit, but for use based on need which would solve these issues.
Btw, comparison between feudal peasantry and proletariat is flawed - peasants were based in countryside and essentially were the middle class of it, owning a small amount of land that they worked for themselves. Proletariat are urbanized, work in factories they don’t own and produce for thousands of people. A more apt comparison in work hours would be proletariat vs guild apprentices - their exploitation and work hours were essentially the same and this system was precursor to capitalist wage labor.
Who has switch over from feudalism been a disaster to?
The unmitigated disaster part existed under feudalism also. Capitalism is slowly turning back into feudalism, which is kinda why it sucks so much now. I hate capitalism, but feudalism was worse.
Fuedalism with a fuckload of democracy might work. But it always turns into a bloodline thing.
plz bro, just one more time, bro
Blue Raspberry Capitalism. No, wait… Peanut Butter Capitalism
Baja Blast Capitalism
spirits deliver me, but I do love baja blast
Best economic system ever, they say. Unlike communism, this is a situation where you can say it has been tried many times throughout history.
Why do you tankies always say communism has never been tried? Power hungry people exist no matter the system, and so far…as much as the system is rigged, capitalism has brought a lot more people out of poverty than anything else. Communism has been tried countless times, it just ends up not working because power hungry people exist.
Capitalism has brought a lot of people into poverty.
I’m by no means in support of communism but I think you’re assuming that these systems have been tested in a vacuum. Specifically with regard to communism in the global south where Western capitalist entities act as agents of sabotage in order to secure the people of these nations as a perpetually destitute global underclass. So that their corporations can continue to have access to underpaid labor. Which you and I benefit from in some way shape or form.
No system has really been tested in a vacuum. Some systems have just eirher adapted or endured it
And capitalism also exists in a vacuum? Why is a system such as Communism supposedly so great but breaks because of outside influence…odd
Capitalism predates communism and has spent centuries chewing through human lives to get to it’s position of influence today. I refer you to the entirety of the colonial era.
No…no it doesn’t.
https://en.wikipedia.org/wiki/History_of_communism
Even marx suggested that it’s pretty much the first tried system.
Modern communism (is the age of industrialization) is essentially Marxism which is younger than capitalistic models.
Hunter gatherer societies were egalitarian but its impossible to apply a pre-civilization framework to civilizational societies. So the fact that he referred to it as primitive communism is not an indictment on communism.
Communism as a political movement was introduced by Marx and Engles. Only since then has it been attempted on a nation state level. Prior to this nearly every political and economic system was an autocracy or monarchy where the state administered private land ownership rights to lords. There are very few exceptions to this in civilizational history.
So if we are looking at communism as a political and economic system as can be applied to modern civilizations ie. nation states, it is much younger than capitalism.
rofl you think I’m a tankie for shitting on capitalism!?
ahahaha way to broadcast how pitifully tiny your understanding is…
People being lifted out of poverty as an economic test COMPLETELY IGNORES the reality of technological advancement. Way to further demonstrate how you do not know even the major milestones of history, let alone economic history…
The technological advancements were in large part due to the large scale growth of industry under capitalism. Although lots of bloodshed and suffering was involved in the process, and without leftists fighting for reforms, we wouldn’t be able to enjoy its fruits today.
The mass availability of the internet, and many other pillars of infrastructure are a result of capitalism. And these developments definitely have increased living standards for the majority of humans, even ones in third world nations (The popular image of a destitute country with rampant poverty is extremely rare these days.)
lol no
Says the guy who literally spouts tankie shit.
Communism was tried and is still tried just because it doesn’t look like this perfect utopia you read about in a book doesn’t mean it’s not been tried/exists.
This isn’t a friendly game of checkers and saying “that’s not what I meant to do”…
Projection is when a socialist says it’s bad to give a failed economic system another try.
The height of human prosperity was under Keynesian economic policy. If we’re giving stuff another spin, why not something that actually worked? Maybe next time just not get suckered by grifters pushing trickle down supply side reaganomics voodoo economic policy. That shit is almost as bad a failure as communism. Almost.
The height of human prosperity*
*If you are a white Christian man of European decent
That was an “accident.” Just like Gary Webb’s two-shot “suicide.”
Excellent and delicious rage inducing master baiter material.