Asklemmy

43975 readers

616 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
[email protected]: a community for finding communities

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago

MODERATORS

[email protected]

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

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

43 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 21 points 1 year ago* (last edited 1 year ago)

First off, wealth and power are the same thing and must be dealt with at the same time. So for a start…

Aggressive progressive taxation, up to 100% (billionaires - even 9-figure multimillionaires- must never be allowed to exist).
Abolish stock markets.
All companies must be employee-owned. Employees share equitable ownership of the companies they work within. Profits are shared only among employees.
Criminalize political spending, lobbying (aka bribery), etc. Candidates all draw from a public fund and platforms and that is all they may use.
Aggressive market regulation to protect competition and prevent consolidation. Our failure to protect the market from excess consolidation and integration is the primary reason we’ve reached the late-stage capitalism hellscape we currently exist within.

Again, this is a start… the tip of the iceberg.

There is a massive amount of leftist documentation on economics. We’re not all communists, but we recognize that any system devoid of regulation/oversight/accountability will always quickly travel rightward and become authoritarian. So the question is what systems and policies can be put in place to ensure not only equity for all, but equity that remains stable indefinitely (or as close as is possible).