• ruuster13@lemmy.zip
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    1 day ago

    Capitalism is economic policy, not a governance system. You are committing the gravest sin leftists struggle with by conflating it with a power structure. They are not the same thing. Capitalism is not actually practiced anywhere in the world now, as oligarchy is the norm. The whole “capitalism vs socialism” argument has been conflated and abused to drive a wedge between Democrats and leftists in the USA.

    • rockSlayer@lemmy.blahaj.zone
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      1 day ago

      That’s total nonsense. Socialism and capitalism are both economic, and economics are tightly integrated into governance. To divide the two so wholly is a fool’s errand. The difference between the two lies in who owns the factories and fields. If the factories and fields are privately owned, it’s capitalism. The US has been practicing capitalism since before the declaration of independence was even written. Capitalism is also an inherent hierarchical power structure.

      Oligarchy is a political form of governance, not an economic model. Oligarchy can exist in several economic models, but let’s focus on how we got oligarchs in this capitalist system. They were created by exploiting the labor of the working class to earn their wealth, but being rich isn’t enough to them. They use their money to buy power, and then leverage that power to increase their wealth.

    • Snot Flickerman@lemmy.blahaj.zone
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      1 day ago

      It’s not as though that power structure behind the economic system is leveraged to dismantle and destroy competing economic systems or labor rights or anything. Yeah, totally and completely separate and never the twain shall meet. The CIA definitely didn’t use economic terrorism to force countries to submit to US cartels business demands.

      Nothing has ever happened, like say, the US corporations using their wealth to dominate the court systems and laws of other counties to do something like put media “pirates” calling themselves “The Pirate Bay” in prison for things that were legal in their own country to enforce the US’s own draconian capitalistic IP laws.

      What an absolute crock of shit dude get a grip. Capitalism is oligarchy by any other name.