this post was submitted on 20 Jul 2023
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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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[โ€“] jecxjo@midwest.social 8 points 1 year ago

It wouldn't work because capitalism requires the inherent greed.

If a business was run in a way that it intentionally stopped growth at a sustainable level where all employees were paid a good living wage then you'd basically be doing Communism. Sure the means of production would be owned by some individual or company but the whole point of the system is to not look at employees like a commodity. In capitalism employees are just like the machines they use to do their job.