this post was submitted on 23 Jan 2024
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Why would employees ever be paid exactly the same? It's obviously paid by position and seniority.
Capitalism is not equivalent to a free market. In general, free markets are simply something people create. Capitalism is when the power resides with the capital.
Socialism means that the power resides with society. Not the government. Afaik, workers owning the means of production is the only way to do this. A true socialist state has a pretty small government, because like you've pointed out, central governments are pretty vulnerable. 50 different worker unions across 5 different industries, who do not allow outside investors, is not at all vulnerable.
Cronyism must happen in any true capitalist society for this reason:
As a business owner, you are required to do anything legal to increase shareholder value, otherwise investors will sue you.
Rewriting laws is a highly effective means of increasing your companies value.
It is legal to bribe the government for new laws.
If any large business does not do this, they will lose to their competition who does. This is why cronyism is the natural state of capitalism.
I don't see why a real founder of a company shouldn't maintain some huge amount of ownership as high as 10-15%, for life. They started it, after all. The people who are left out of the deal are the investor class, who have never done any actual work for the company.
The countries America has destabilized via the CIA is extensive. The methods range among: assassinations of elected leaders (at least 5 foreign presidents, that's what I found a couple minutes, probably closer to 15), rigging elections, arming a neighboring warlord who then slaughters hundreds of thousands (Jakarta, 1963, 1 million dead in under a week), placing trade embargos on them to prevent them getting necessary supplies, and even using our fruit companies to put their economy into a stranglehold, then demanding the laws be changed to benefit the banana companies.
Venezuela in particular has been completely ravaged by America killing their elected socialists, then installing authoritarian puppets who go on to brutalize everyone. Pretty close to every single south American country has been a victim of the CIA. Chile is another great example, CIA assassinated Allende, then installed Pinochet, one of the worst dictators in history. I suggest you look up more, I can't possibly cover even 10% of it here. The events in Jakarta, 1963 is a great place to start, along with the last 80 years in venezuala.
These events happened largely because the capitalists needed another war to profit off of. All of the atrocities the CIA has committed over the years are directly attributable to capitalism and it's need for infinite growth, forever.