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Why are folks so anti-capitalist? (programming.dev)

submitted 1 year ago by o_o@programming.dev to c/asklemmy@lemmy.ml

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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[–] relative_iterator@sh.itjust.works 4 points 1 year ago (4 children)

This any many other issues with capitalism could be solved with better legislation and regulations.

[–] samus12345@lemmy.world 10 points 1 year ago

The problem is getting and keeping people in power who actually want to reign in capitalism.

[–] Cryst@lemmy.ca 1 points 1 year ago

Which is controlled by those with capital.

[–] Devi@kbin.social 1 points 1 year ago

But then that's not capitalism. Capitalism is making as much money as possible unrestricted as much as possible. If you start doing things like putting a maximum wage in, or taxing the highest earners and giving back to the lowest, that's socialism.

[–] jerrimu@lemmy.world 1 points 1 year ago

But now in almost every country, the capitalists are the ones making regulations. They're not going to do it to themselves.