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Joined 2 years ago
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Cake day: June 13th, 2023

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  • most of what’s happening in todays world is not a W for capitalism. Modern conservative thoughts on capitalism have long abandoned the necessary regulation of free markets we enforced for 2 centuries. capitalism only works if markets continually divide winners at the top. If you don’t bust monopolies then capitalism begins to rapidly break down. We’ve known that for a long time and only recently stopped. You lose all the benefits of capitalism without that feature. What we have in America isn’t capitalism really at all anymore. This whole concept that the government has no role in capitalism and free markets will always correct themselves is a myth and we’ve known that since before America. John Locke knew that he was a tax collector for the english crown.



  • zombuey@lemmy.worldtoWorld News@beehaw.org*Permanently Deleted*
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    2 years ago

    The statement from r/watchredditdie when they closed the sub really put things in perspective for me.

    Steve Huffman and Alexis Ohanian have gone so far as to renege on their promise of listing Aaron Swartz among Reddit, Inc’s founders. Such an egregious breach of contract - only performed once their agreed-upon co-founder no longer walked the earth - could only be carried out by immoral individuals acting in fundamental bad faith. In this way and so many others, Reddit is dead.