capitalism is not a sustainable economic model.
capitalism is not a sustainable economic model.
As AI comes in and takes the easy jobs first and then the more complex jobs second and then even jobs we thought they would be unable to do third, the American public is going to be destitute without some universal basic income or security of some kind. How bad it is I don't think we really know.
After AI takes all the jobs nobody will be able to afford to purchase the stuff the robots make and the oligarchs will go broke.
Nah, they’ll just force their hired politicians to make chattel slavery legal again. They can ALWAYS stoop lower!
The Billionaire Class of Cyber-Feudal Lords is already determining how little peons will need to survive in order to produce for the company!
Didn't they want to set up entire cities where they get to make all the rules and people work as much as they want etc etc ET.
they are already doing that.
As a retired RN I was always trying to imagine how technology would replace hands on patient care. Thankfully no one solved that mystery in time to outsource my critical care skills. It’s a scary world.
They're using robots in the hospital to be one to one sitters. 😳
We haven't had capitalism, real capitalism vs the fake "unregulated free market" bullshit Republicans push, since Reagan. Capitalism is an economic structure like any other and subject to the whims and capabilities of the people governing.
Pyramid schemes are designed to fail.
Meh. Just more wishful thinking.
I just saw a video comparing it to the game Jenga and how the objective of jenga is to take from the bottom to increase the top but no matter what, at some point, after you’ve taken too much from the bottom, it will topple over
No economic model exists that can supply all of our people's needs while feeding the boundless greed of the few. The problem is not with the models, but with us.
Capitalism is not so bad. But for some reasons people tend to go all-in. Especially Americans who have started to believe that the slightest touch kindness would destroy their nation. Healthcare, child care, safety nets (etc) are all regarded as constructs of socialism. And EVIL.
"seek help" is a red flag given that the "help" is a tool of authoritarian control that, in the context of effecting change in a capitalist society, stands directly in its way
Better hope it does not as that would end progress as we know it in all areas.
If economies have falling birth rates, it's not an economy, it's a pyramid scheme that treats people so badly they don't want children. In a way we have indicators that show us our economies are coming undone.
Eventually, with declining birth rates, it will be less a pyramid and more a diamond with fewer young people supporting the middle and upper classes.
Here in Australia we are at 1.5 birthrate, any group needs 2.1 to be stable. Which means we do not acknowledge how much a child is worth, and as a result, do not allocate resources. So people opt out. Which as you say means full retirement homes, but no staff.
Just read that China's current birth rate is 1.0. Wow. They are going to be top heavy with elderly people in a few short years with a current median age of 40+. Crazy.
Canada's is only 1.3, median age 40.6.
Don't expect capitalism to say we made a boo boo and made the world so bad people aren't having kids for that cheap labor we need to survive
Capitalism is not the problem. A free enterprise that is fair for everyone is what makes us thrive and stay competitive. Greed is the problem. If we could regulate greed then our system would be pretty close to perfect. But when it comes to all about profit that is where it fails.
Unfettered capitalism is the problem, period. I’m all for capitalism but it needs to be controlled with proper taxation…and by that I don’t mean the middle class carrying the entire tax burden while oligarchs feed at the trough.
I love it when cap-simps pull out misleading statistics. When you compare these percentages to income, it shows that the rich pay far LESS than their fair share.
www.atlassian.com/data/charts/...
Yes, I know how pie charts work. And I agree that they're often misused, like in the image you shared. What does the article have to do with what I said?
taxfoundation.org/data/all/fed...
Another misleading source. Compare the taxes to their TRUE income. 😏
Last one. If you can't understand this one you're on your own. Cya
I understand these perfectly. I wonder if you do at all or if you're just regurgitating cap-simp propaganda. Any real study on this will clue you in on True Economic Income, as well as the various ways that the rich hide their true income while still being able to use it. 1/2
Exactly….they’re paying taxes with ‘fuck you money’ while the rest of us are just trying to get by.
💯, Capitalism can only work if there is ever increasing consumption and infinite resources. They have hit the wall on both counts. The most disgusting thing is they are going to take us all with them the climate ,water & food chains are destroyed.
Free busses, affordable groceries, and childcare actually benefit capitalism. It makes a stronger working class and a stable economy. You think these greedy ass CEOs would have figured that out already.
Capitalism is a virus & it will be the death of us all. Mark my words (I been screaming this since 1984, but who listens to me? 🤷♀️)
Truth. People are finally waking up to the truth. You were ahead of your time
Lol yeah because people aren't going to buy goods and start demanding state control of all production. 🤣
I couldn’t have said it better!
Are we going back to the five families era , except it will be the five corporations
Left to its own devices, capitalism becomes parasitic. The rich use their wealth to undermine social institutions, that benefit the greater good, for their own selfish purposes. I.e.The coal baron seeks to minimize regulatory oversight to maximize profits, at the expense of others health and safety.
It's not the model that's broken, it's the implementation. But broken it is.
What if we didn't have to fight for basic human dignity and rights over and over again? Can you imagine how far ahead we would be if ALL humans had a chance to fulfill their potential, without the systemic barriers that are put in their way? Mom Almighty, we'd be living in heaven.
They must build their jenga tower higher.
Capitalism won't collapse on its own, it has to be smashed and replaced with another system. Thinking it'll disappear some how seems harmless but it disarms you from thinking and taking action to bring about its downfall. Blue MAGA loves it: Don't worry, it can't last. And, we have 2028 elections!
Democracy is what tempers the worst abuses of capitalism. We need rules that make doing the right thing the only path to profitability. #HumanCenteredCapitalism
History suggests that yes, Capitalism plants the seeds of it's own demise, we are seeing at work right now in America. It's also an example of the famed "Times change, people remain the same", and it continues to suck.
youtube.com/shorts/HzVnn...
These folks that want a gamed system that gives them an advantage are not capitalists.
If you hadn’t noticed, capitalism is DEAD. Billionaires that own both parties know this. They prefer fascism to socialism, given capitalism is dead (no longer sustainable). This is why Dems are complicit. Their billionaire owners demand it of them.
😥
Capitalists don’t ride the bus, they can afford groceries and nannys for their kids. They just hate poor people and cruelty is their playbook.
or business will keep conglomerating until we have one mega-monopoly, which just happens to be an identical state to communism..
What you're referring to would be nationalized socialism. en.m.wikipedia.org/wiki/Nazism
Not without empathy and love, decency and equity and justice in action to offset and provide the tension necessary to balance
🤔 2 dolls and 5 pencils - popped into my head.
All those greedy pigs with their noses in the trough, but try to hold something back and they squeal
I hope i live to see the death of capitalism (as well as some other demises).
Most of the maga followers want all those things, they just don't want any brown people to use them. I am appalled by the behavior of the maga crowd, can he really do no wrong. He promised the same shit last time and never followed through, why would it be different for the rerun
Yup. The reason we don't have universal healthcare is that racists didn't want it to go to any Black and brown folks. WE DON'T HAVE UNIVERSAL HEALTHCARE BECAUSE OF RACISTS.
That's what galls me the most. We all watched what a total disaster Trump I was. ALL OF US. TOTAL CLUSTERFUCK that KILLED PEOPLE. WHO is dumb enough to NOT think that the first Admin was an UTTER FAILURE?
We will be working to survive & feed our children day to day. Other countries will continue to consume. Trump is doing to Americans what we have done to other countries. We consumed while 3rd world countries starved & died. Capitalist yachts dock on friendly shores. They will not disappear.
Capitalism will not collapse. With regulatory guardrails and fair taxation, it can be a powerful force for good. But free busses, affordable housing, childcare and groceries are all important ideals that deserve broad support.
If free healthcare and school meals destroy capitalism, them good riddance.
I'd have to say it's already starting. The election of a fascist government is the final stage of the state once capitalist systems critically fail.
This is, in essence, Keynes' point.
The “haves” are arguing it is sustainable. The “have-nots” are clearly not agreeing.
We are experiencing the death throes of capitalism 1.0. It is going to get worse before it gets better.
bsky.app/profile/omni...
Those that built it will be put on top of the pile when its all burned.
One needs more than specific "wants" to create a sustainable economy. State ownership is just another form of corporatism. Scandinavia has found a better way to balance enterprise and society, and it is neither unfettered capitalism nor unsupervised state power. It is social democracy.
Capitalism depends on perpetual growth. But that’s unsustainable (according to Einstein). Someone (preferably outside the fake genius tech industry & AI) will figure it out - if they don’t kill us all off first. Try maintaining humanity. Not “growing it” or metasticizing it, like a cancer.
Capitalism without government restraint will cause a nation to die an ugly death.
Capitalism cannot ever be restrained if the profits of the ruling class are threatened.
Historically, the U.S. economic model was stabilized by New Deal reforms and mid-20th century industrial organization, however, the neoliberal shift beginning in the 1970s has eroded this balance in favor of shareholder primacy. IMO a shift back to liberalism is needed to stabilize the model.
Well, duh… Tell that to the centrist capitalist pigs in the Dem party still doing everything in their power to prevent any movement towards what you say…any movement leftward. They’re a bigger problem in this country than the fascists. They gave us the fascists. Nothing’s centering the right.
I agree with your points. With 390 out of 535 members of Congress multi-millionaires rebellion may be the only answer.
The problem rn is the government and what their focus of restraining is right now. It’s all wrong.
If your business relies on the exploitation of undocumented workers, was it ever really viable? How did they get finance to run it?
Mark Cuban tweeted that the reason companies aren’t paying their employees a livable wage was because of corporate tax. 😳 How fucking out of touch do you have to be to be a BILLIONAIRE complaining about paying taxes?!? Truly the stupidest timeline.
There is not a single rich person who can be trusted. They are the Haves, & they've always made their $$ on the backs of us Havenots.
He’s not completely wrong, with the right tax incentives employers would pay more. I say we increase corporate taxes to like 90% then offer massive tax reliefs for paying a living wage, offering benefits, having a retirement plan, taking care of your workers.
It is also increasingly reliant on under class labor.
spot on.
I am a 7y y.o. leftie. We have been predicting this since Marx in 1860. IT AIN'T GONNA HAPPEN FELLA .....
Look up the "The Fall of Rome", and more importantly look up how long it took. Between our leaders getting increasingly worse, our dollar constantly and rapidly dropping in value, and our relationships with neighboring countries going to shit, it's hard to say collapse ISN'T imminent.