If you looks at history “regulated” capitalism eventually deregulates because it’s in the interests of the rich to do so and even “regulated” capitalism has exploited the global south for decades and decades. I reject your idea that a few will always rise to the top and be malicious with the power, but even saying that’s true how is that any worse than the current state? I would rather at least try to find a new way to do things than resigning the world to having this be its peak where millions are hungry and destitute.
Yes, we’ve already seen that in every version of “owners taking advantage of labor” from feudalism to capitalism has tended to produce corrupt people at the top. It’s kind of built into that kind of system. People are incorrectly assuming that changing the fundamental system to “labor produces and is compensated for it” will experience the same corruption. Maybe it will, if corrupt people gain ownership of that system, and take it back to “owners taking advantage of labor.”
But how about we fucking give it a try and see what happens? You’re right; it can’t be worse than what we already have.
If you looks at history “regulated” capitalism eventually deregulates because it’s in the interests of the rich to do so and even “regulated” capitalism has exploited the global south for decades and decades. I reject your idea that a few will always rise to the top and be malicious with the power, but even saying that’s true how is that any worse than the current state? I would rather at least try to find a new way to do things than resigning the world to having this be its peak where millions are hungry and destitute.
Echoing you here:
Yes, we’ve already seen that in every version of “owners taking advantage of labor” from feudalism to capitalism has tended to produce corrupt people at the top. It’s kind of built into that kind of system. People are incorrectly assuming that changing the fundamental system to “labor produces and is compensated for it” will experience the same corruption. Maybe it will, if corrupt people gain ownership of that system, and take it back to “owners taking advantage of labor.”
But how about we fucking give it a try and see what happens? You’re right; it can’t be worse than what we already have.