My hope would be that we can transition peacefully to a hybrid model with the rising power of unions, gradual emergence of worker cooperatives, and increased demand for socialized health care and affordable housing.
None of this has anything to do with capitalism tho.
Like, capitalism can and should be the economic engine driving these positive outcomes.
The current strategy of venture capital is not success, but sabotage
It’s not good enough for you to be doing well, you have to strangle the competition and introduce yourself as an unremovable bottleneck
For example, becoming the intermediary between concerts and concert goers. The fees charged and the trouble caused is worse than if they hadn’t been there.
Amazon makes examples out of any business that dare challenge it’s dead zone around it.
VC money is meant to crush the competition and lock in the consumer to charge rent.
Why would they ever want worker control, or unions?
Why would the private healthcare industry ever stop lobbying against socialized healthcare? Why would a capitalist success ever lead to the political change necessary for it when the doctrine of capitalism is privatization
Why would any commercial real estate firm allow affordable housing to exist when they can scalp it on investment properties and leave them empty? Why build affordable housing when the margins are small?
Capitalism isn’t a savior, it’s just locally optimal to the people with capital.
VC money is meant to crush the competition and lock in the consumer to charge rent.
This is not anything close to correct lol. VCs specifically do not invest in mature companies or they aren’t VCs.
Why would any commercial real estate firm allow affordable housing to exist when they can scalp it on investment properties and leave them empty? Why build affordable housing when the margins are small?
All housing built helps other housing come affordable because it increases supply. You are correct that there is little purpose intentionally building less valuable housing
I mean not really? Because currently capitalism as an economic engine is actively preventing these outcomes. And basically by design. How do you explain that?
A lot of capitalist countries have free healthcare. So how is capitalism preventing that?
Because in those countries it was regulated enough?
The question you need to answer is why countries like the US don’t and if you disagree that capitalism didn’t have anything to do with it
Well yes, regulation is often needed to ensure that markets remain free and the USA is a great example of how that can fail.
The USA is also a good example how the markets can get in the way of the regulation and of free markets. The players in the free market don’t really benefit from being in a free market. They have every incentive to change that.
How do you explain that?
it isn’t true, so I don’t
