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€“] jlou@mastodon.social 1 points 1 year ago* (last edited 1 year ago)

This is the wrong argument to make. By normal juridical standards, wage labor is not coercive. Capitalist wage labor's voluntary nature, unlike other systems such as historical slavery, allows for other anti-capitalist critiques. The workers are fully de facto responsible for the results of their actions (the whole product of the firm). This observation makes the flaw in the system clear. Even if wage labor was coercive, the solution to that would be just a basic income