cross-posted from: https://discuss.tchncs.de/post/35986695
this post was submitted on 09 May 2025
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You don't need capitalism to suck, though. The Spanish conquistadores were slavers and genocidal murderers but they certainly weren't capitalists.
There's a bit of a fundamental difference between capitalism and other systems. Mercantilism sucked but conquistadors got some level of pushback for their atrocities. The Spanish crown fought a war over illegal slavery and the vast majority of conquistadors died poor or in obscurity.
Modern capitalism has no such brakes. Naked avarice is the mathematically correct play, exponentially growing the power of an individual at the expense of literally everyone else.
It's not likely that other economic systems could result in this level of global instability and ecological collapse. A king used to have some incentive to keep his society functioning; his personal power was tied to the power his kingdom could project, not his personal wealth. Our modern overlords have no problem destroying their country or environment, their wealth is fungible and can be taken wherever they want.
Every system finds ways to shift the blame. What they need are folks who drink the cool aide. Currently it‘s capitalism.