this post was submitted on 20 Jul 2023
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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[โ€“] SlothMama@lemmy.world 23 points 1 year ago

This is a big reason I'm anti capitalist as well, it has no mechanism outside of regulation for controlling the usage of resources, and so long as something is profitable it will be pursued.

This natural result is the regulation reduces profit and it is an adversarial relationship. Because Capitalism is incapable of this, and runaway consumption is driving climate change and many ecological problems, Capitalism must either be tamed and tightly controlled, or most likely replaced with a resource aware system, such as a central planning system that considers resource consumption and weighs it against ecological considerations.

To fix things, a drastic shift is necessary, and actually is so far overdue that it's likely too late to do anything other than a near paradigm shift.