• umbrella@lemmy.ml
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    1 year ago

    However, they would also indeed be creating jobs, wealth and sustainable growth.

    Not really. They don’t create jobs, at best they are the organizers. And since they are usually heirs, there might be much better people to manage such a large organization. We don’t need them at all.

    The best course of action is to remove the possibility for people concentrating such vast amounts of power in the first place. Billionaires can always buy legislation back, which is why that tight regulation or taxation will never really happen under capitalism.

    I mean just look at how inactive democrats are at office compared to current conservatives at passing the things people actually want. We have been trying this forever already, but they are most probably in the pockets of bigger fish at this point.

    None of that stops you from, say, joining an union though.

    • Dewded@lemmy.world
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      1 year ago

      I’m answering from the perspective of living in a country with functional democracy, so it’s hard to see the power the wealthy have over it.

      Lobbying and representative campaign funding are more transparent here. No party has majority seats alone, coalition governments are a necessity. Legislation is consensus driven.

      Finland is very much operating in a capitalism driven economy while still supplying its citizens socialism driven security.

      Capitalism is like fire. It’s a good tool, but a bad master. With appropriate legislative checks in place, it won’t get out of control.

      In the States it already has, but that doesn’t mean that capitalism is bad. Just that nobody was tending the fire.

      • umbrella@lemmy.ml
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        1 year ago

        Don’t be mistaken, the billionaires still rule in there too, they just somehow allow you a better life. Usually this comes because they have neocolonies abroad to exploit intead of you. This is usually the case in europe. The only real masters of capitalism are the burgeois and how they are choosing to use it.

        Finland seems to be the one exception in the world where I dont think you’ve been that historically aggressive with fucking others over (at least compared to the rest of europe), but theres probably some neocolonialism over africa to mantain it, I’m not that familiar with Finland to say much for sure.

        In any case we can’t base our assumptions around an exception when the overwhelming majority of capitalist “democracies” never really worked for the common people.

        edit: China seems to be implementing a bit of both, as an example.