this post was submitted on 29 Jun 2025
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Late Stage Capitalism

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[–] phoenixz@lemmy.ca 3 points 2 days ago (6 children)

It could

If it were done right. Just as Communism really really would end poverty and save the world and bring equality for all if juuuust done right.

I gettit, capitalism as done now (especially in the US) is a joke where the rich leech the poor and destroy the world

Tax the shit out of them. Leave capitalism be, but put up taxes in brackets that hits 100% after 10M net worth. This way, you still have the raw resource making power of captialism, but the richest anyone can get is 10 million networth.

Similarly for companies, once they get bigger, taxes go up untill it hits, say, a billion in net worth.

No company shall be too big to fail, too big to not steal, lie, and cheat, too big to be a net positive for humanity

This way governments end up with huge tax incomes. Use that tax for free healthcare for all, same with education, housing, public transportation, all free, even universal income

I think that'll work a whole lot better than "let's try communism" which simply won't happen and it would destroy us all.

[–] wpb@lemmy.world 1 points 1 day ago

For all their warts, the socialist nations did actually improve the economic standing of their workers compared to before socialism was introduced. Does the reduced homelessness, better education, and free health care warrant the authoritarian measures needed to deal with attacks from America (cf the cold war, the Pinochet coup, the wholesale economic blockade of Cuba, the bombing (20% of the population, dead) and economic blockade of North Korea, and so on)? I don't know. But the idea that you have to get socialism juuuust right to enjoy its benefits is a false one. Cuba manages to achieve an average lifespan similar to (some years even higher than) America's despite the blockade.

[–] WoodScientist@sh.itjust.works 4 points 2 days ago

You're confusing capitalism and commerce.

[–] vivalapivo@lemmy.today 5 points 2 days ago

Communism really really would end poverty

Name communism that didn't significantly reduced poverty

[–] Alaknar@sopuli.xyz 2 points 2 days ago

It could

If it were done right. Just as Communism really really would end poverty and save the world and bring equality for all if juuuust done right.

Yeah! All it takes is a fundamental change in human nature where we eradicate greed. Funnily enough, that one little trick fixes both Capitalism AND Communism and allows us to finally reach utopia.

[–] K1nsey6@lemmy.world 2 points 2 days ago

What I hear out of all that is I don't mind the exploitive nature of capitalism as long as it doesn't exploit me.

All those words and you could have just said I don't understand socialism or communism

[–] Jankatarch@lemmy.world 2 points 2 days ago (1 children)

Won't they just pay politicians to make sure this never happens?

[–] ulterno@programming.dev 2 points 2 days ago

Aren't they already doing that?
Aren't they the politicians?