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Joined 2 years ago
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Cake day: September 2nd, 2023

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  • Climate change, wealth inequality, fascism, war, the global epidemic of loneliness & depression aren’t distinct disconnected problems. They are a singular globally connected problem. And it requires a singular globally connected solution. We’d need a few things -

    1. We will need to take care of all human essential services like healthcare, education, food, banking, technology etc. Only things that add positive value to society. We can have a singular globally coordinated effort.
    2. We will need an economic engine, so as to provide a UBI for all, reasonably paid based on cost of living. To generate income we can sell our products & services at a markup to non-union members.
    3. We will need an army because the enemy has one and we need to defend ourselves.
    4. Decentralization is also a defence mechanism. Don’t build 1 giant bank, build a million connected credit unions all utilizing the same backend tools & processes. It’s such a nice defense mechanism that we might even be able to skip the army altogether, which bank are you gonna breakup when we can open a hundred more tomorrow.


  • That business is just constant problem solving one after another and going through as many to-dos as you can day after day, while still maintaining sanity. That is persistence.

    That business is always a house of cards that can fall apart anytime and so you must always keep your eyes on it. That is exhausting worry.

    That business is so hard, you’ll be tempted to quit everyday. To overcome that urge to quit you’ll need a much bigger purpose or mission that drives you. Purpose brings determination.

    That business really is about value creation for the entire ecosystem (customers, employees, vendors) and that a business is not above that ecosystem. Wall St & American capitalism is short sighted because it demands you pass lesser and lesser value to that ecosystem quarter after quarter, and that is like a slow axe to your own foot.

    That most modern economic theory taught in business schools and used by execs in the biggest companies worldwide is all flawed because it fully relies on capturing and optimizing all sorts of business data, but the truth is that it is impossible to capture real world in data.




  • fakir@lemm.eetoMemes@lemmy.mlCapitalism is the root of evil
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    7 days ago

    There is no evidence of cooperatives being capable of out-competing the megacorps of today in a system already controlled by megacorps. There is no growing systemic pressure for cooperatives to overwhelm megacorps, only further proletarianizaton and social stratification.

    Nature tells you the power of cooperative working, look at ants, bees, fungi. The fediverse is a smack in the face of Reddit, Unix in the face of Microsoft. These things only grow, never shrink. There are more people in credit unions in America than any private bank. There are so many cooperatives in the agriculture space you wouldn’t believe. Look up mondragon, the largest cooperative employer with over 70k employees. Look up IFFCO, the largest agriculture cooperative connecting farmers in India, which has a revenue of over $7 billion/yr. These are behemoths, a force for good. They are not being overwhelmed by megacorps, rather they overwhelm the megacorps.




  • fakir@lemm.eetoMemes@lemmy.mlCapitalism is the root of evil
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    7 days ago

    You are correct, we are already in Capitalism. Replacing the entirety of the firms within a Capitalist system with cooperatives is a monstrous task without first overthrowing the State to help facilitate things

    Disagree, cooperatives already exist. Everywhere! We just need more and more, one at a time. Bigger and stronger! Where is the need to overthrow the state?

    Secondly, I do not want to start over. I want revolution, then a nationalization of key industries like the banks, railroads, airlines, energy sector, raw materials, telecommunication, etc. Not a replacement, but a nationalization. Additionally, large firms will be nationalized, ie Amazon, Google, Meta, Nvidia, other huge firms that dominate the private sector will be folded into the public.

    And I want the same level of nationalization as you here, but you are still asking for a revolution as a starting point, i.e erase the entire drawing board and start over.



  • fakir@lemm.eetoMemes@lemmy.mlCapitalism is the root of evil
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    7 days ago

    You’re the one in the fantasy land. We’re already in capitalism, I’m only adding cooperatives, you know the whole workers owing the means of production that you advocate for. I’m literally taking us from where we currently are to a better place, A to B. You want to erase the whole drawing board and start over.


  • fakir@lemm.eetoMemes@lemmy.mlCapitalism is the root of evil
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    7 days ago

    My brother, I gave you a version of capitalism where workers globally own the means of production. We’ll even put measures against monopolization, labor exploitation, and short term profit seeking. Hell even add 100% taxation over a billion dollars so nobody gets too big. You’ll still won’t like it because it ain’t communism.



  • fakir@lemm.eetoMemes@lemmy.mlCapitalism is the root of evil
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    7 days ago

    The purpose of Capitalism systemically is Capital accumulation and the increase in profits through the general process of converting money into commodities in an endless loop.

    I disagree. The purpose of capitalism systemically is to simply allow for value creation for the entire ecosystem (customers, employees, vendors) and give anyone the individual freedom to do so.

    Current Western flavor of capitalism has allowed short-sighted greed to take over because Wall St demands so.

    On an ideological level, you and I are the same - community over commerce. I support capitalism only under such principles.


  • fakir@lemm.eetoMemes@lemmy.mlCapitalism is the root of evil
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    7 days ago

    Greed is not the cause of capitalism. Capitalism exists to create value for society. My grandfather, an immigrant, opened a bakery 50 years ago to serve his community and raise his family. I, an immigrant, opened a grocery store 10 years ago to serve my community and raise my family. Capitalism can be honest & hard work. In both cases, community over profits was a core principle.

    Greed comes with accumulation and has to be restrained.


  • fakir@lemm.eetoMemes@lemmy.mlCapitalism is the root of evil
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    7 days ago

    First, don’t point your finger at capitalism as the problem.

    You already lost me

    I know, many here have have an automatic trigger on ‘capitalism’, but I appreciate you trying. I will try to respond sincerely.

    Second, acknowledge & understand greed and how it is inherent in all human nature.

    I would rather acknowledge and encourage humans inherent nature to cooperate and grow together.

    Me too! Cooperation is the good against the evil of greed. But greed still exists, you can’t wish it away, you have to strategize against.

    Third, build systems that minimize the damage done by individual or corporate greed.

    Like building an economy that doesn’t inherently reward greed? I wonder what that would look like.

    Greed is rewarded in every economy.

    Check against consolidation, monopolization, and short term Wall St like thinking of endless growth.

    These things exist because of capitalism

    No, they exist because of greed & corruption and failure of systems to contain those things.

    Four, make sure socialist programs exist to support everyone

    That’s social welfare. Being socialist means the workers own the means of production

    No, socialist systems like free housing, healthcare, education can exist alongside capitalism. Worker owned systems like cooperatives still operate in a market.

    capitalism is not the only way to live, it’s optional

    It’s so easy to live in the USA and just not do capitalism /s

    It’s impossible in the USA, I’m with you.

    the European nations seem to be doing things quite alright

    Do you understand that their wealth was pillaged from the global south?

    Yes, the British East India company uprooted my own ancestors and erased all culture. I’m against imperialism as much as you, but this has nothing to do with it.

    Can you give me a description of what makes socialism bad solely based on how it works (not referencing any country who may have attempted it)?

    1. Lack of standardization means you can’t be sure of what you’re getting. Is the milk from this farmer as good as the other farmer?
    2. Same price for same good means lack of incentive to improve / innovate. Why grass feed your cows when milk will only sell for a set fixed price?
    3. Markets will still exist, you can’t wish them away. It’s human nature. I want to make cake and feed you, but I still need to buy the ingredients, invest the capital, take the risk. Capitalism just rewards that risk.
    4. Greed still exists, maybe I can add a little water to the milk, huh, who will ever find out?
    5. Corruption still exists and without checks & balances, a centrally controlled system is very likely to being corrupted at the core.