Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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The key is "very well regulated", starting with the ban of corporate lobbyists and abolition and criminalization of PAC donations.
COMMERCE in itself isnt bad. Leveraging money and power to extract resources and value without actually creation anything of value-i.e. Capitalism- is very, very bad.
Make a product and sell it? ....good. Perform a service for money?...good. Buy wholesale, sell retail?...fine. Steal natural resources, fund political coups for resources, start wars for resourcces, force destruction of oroduct or allow corporations to hoard resources to corner a market?...BAD
I'm sorry but your definition of capitalism is incorrect.
Yeah, it's something that capitalism as currently is (mostly in the US) allows, but that isn't the basis of what capitalism is.
I fully agree with you that capitalism needs very strick limits to not be abusive, but it's still a hundred times better than communism, something that too many people here propose as the ~~final~~ great solution
Actually I think the problem is capitalists entering into forums and insisting that any regulation of capitalism is communism by default. It's not a case of one or the other, but there is absolutely no way to reform the system from within its current structure. We would have to first abolish any and all corporate lobbying and criminalize the submission of donor checks to legislators, and then repeal any and all tax breaks and pro corporate laws and regulations passed since 1980.