I have nothing against capitalism: what we seem to have nowadays is Corruptism.
Corruptism is the collecting of wealth no matter who or what.
Need another dollar? Bribe a politician to make the laws favour corporations over people.
Need ANOTHER dollar? Cut wages and hours.
Need ANOTHER dollar? Layoffs.
It use to be that employers made, what, 400X what their employees made? Now an employee has to work 2-3 jobs just to live while the 'boss' feeds the pork to make ONE MORE DOLLAR!
A little more kindness would see us in a better world.
I'd like to see politicians start thinking of the people who voted for them.
Lets get back to basic Capitalism: Corruptism is not working.
(Score: 1, Interesting) by Anonymous Coward on Thursday December 13 2018, @01:31AM
This is exactly what capitalism looks like. It starts as you suggest in the good old days, and the current situation is the logical progression.
Mutualism/anarchism (which I'm not sure is what Mr. Vim is preaching) and socialism are two alternatives that remove the means of production from private ownership. The means of production can be controlled by owner-operator-shareholders (where an individual is all three at once in relation to the means of production) from what it sounds like, or they can be controlled by the proletariat at large by democratic means.
Private ownership of the means of production (capitalism) simply cannot lead to a stable system. It experiences decay into fascism and neocolonial military aggression.