26 March 2024

Capitalism vs Communism

Capitalism seemed better suited to free people than communism, or it did to people in capitalist countries, anyway. Of course, capitalism is based on feudalism and imperialism, so it's always been repressive. The rapacious capitalism of the modern era just highlights how bad things have become. Communism, or a managed economy, seemed like a good idea, until it was used no less tyrannically than any other system of governance can be. But capitalist societies are also managed economies. We just don't really admit it. Look at this: . The whole argument here is that fewer people working holds down prices, keeps inflation low. Does it? How does having a permanent underclass benefit society overall? By ensuring there are enough serfs for the billionaires to exploit? Price-gouging in our supermakets tells me a different story. Anytime an opportunity arises to raise prices to increase shareholder and executive profit (and executimes are shareholders, often to a majority of their income), it will be exploited, and everyone other than the million/billionaire class will suffer. And our governments are entirely satisfied with this, left and right, regardless of their rhetoric. If we're going to have a managed economy, let's have one that tries to benefit everyone, rather than one that's about consolidating power. Oh, and tax the billionaires, for God's sake. They really shouldn't exist. Breaking: 5% minimum wage increase "won't increase inflation". Unless the supermarket duopoly etc decide it will.

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