this post was submitted on 20 Jul 2023
451 points (76.6% liked)

Asklemmy

43392 readers
1803 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

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

  1. Open-ended question
  2. 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.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago
MODERATORS
 

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!

you are viewing a single comment's thread
view the rest of the comments
[โ€“] ira@lemmy.ml 87 points 1 year ago (5 children)

The top 10% of Americans own 70% of the country's wealth.

Have you ever stopped to consider the logical conclusions of that? If they lived at the same standard as the average American, we would only need to use 30% of the resources we're currently burning through. It's grossly inefficient. We waste more than 2/3rds of our resources so that rich assholes can live in $100 million mansions and fly around on private jets.

Say you're an American working a 9 to 5 job. Once you hit 1 pm on Tuesday, you've done enough work for the week to meet all the actual needs for society. The rest of Tuesday, all of Wednesday, Thursday, and Friday are all just to pay for rich assholes to take a "hunting" trip to Africa and needlessly slaughter native wildlife. Or to buy the 400th car in their special collections that they've nearly forgotten about. Etc. Etc.

70% of the irreplaceble oil being drilled? Flushed down the drain just so that rich assholes can horde wealth. 70% of the pollution in the air? Put there so that billionaires can have parties on a private island. So that they can fly their private jets to private retreats and pretend to be outdoorspeople for a weekend. 70% of the new extreme weather being caused by anthropogenic climate change? All so that rich assholes can do things like jet around the world so they can say they've played a round of golf on 7 different continents in 7 days. Etc. Etc.

It's nowhere near sustainable.

[โ€“] Phil_in_here@lemmy.ca -2 points 1 year ago (2 children)

Its important to remember that rich assholes buying expensive things is not a reason to hate them: that's envy. Rich assholes spending their money on expensive luxuries fund the luxury economy, which finds its way to the regular economy. That's how economies work, the money moves. The spending isn't the issue. It's the hoarding. You can't spend a trillion dollars. You can't spend a billion dollars. But you can keep it out of the economy. That's what keeps everyone else down.

It's like if the top 70% of the ocean was just fucking cement.

[โ€“] SirElliott@beehaw.org 5 points 1 year ago

When their expensive luxuries are actively harming the planet, I think their indulgences offer us plenty of justification to hate. Private jets emit the same amount of CO2 in two hours that an average car does in a year. This frivolous waste poisons our air and warms our fragile seas. Iโ€™m not envious of private jets or yachts; it would be unethical for me to use them no matter how much wealth I had.

load more comments (1 replies)
load more comments (3 replies)