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Critics of capitalism, what concrete economic policies do you support? (feddit.de)

submitted 1 year ago by [email protected] to c/[email protected]

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Capitalism is criticized a lot on here (especially by American users, it seems to me). Most of that seems well-founded, but I also have the feeling that most of these complaints are simply venting and not the first step to improvement.

So I would like to know what specific changes you (especially Americans) want to see from lawmakers.

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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

Well, for starters:

Platforms. I don't believe that the people who create, or invest in, large internet platforms such as Facebook, YouTube, Uber, Booking, Upwork, etc, have a natural or moral right of ownership to said platform. They should certainly receive returns on their investment - but they shouldn't have full operational control. Instead, as the platofrm grows, operational control should slowly transition to its users. eventually, they should have the final say on, in the case of YouTube. what content in acceptable, what procedures should be used to remove unacceptable content, how to appeal, etc.
Employment. One of the big issues I see is that employees are under someone's direct control for 1/3 of each day, and have to do what their boss says. And while they technically consented to that relationship, I don't see that consent as freely given, because for most people there isn't a viable alternative. This could be done through more worker cooperative, or encouraging freelancing. Even for people who decide to remain in traditional employment, they should have more official control than they do now.
AI. It seems many people here hate AI, but AI does have the potential for large productivity gains. And while, in the past, productivity gains have note resulted in less work, but rather higher GDP, we could always force the issue. After all, people did it ~100 years ago, and the economy didn't collapse because of that.