- cross-posted to:
- worldnews@lemmy.ml
- cross-posted to:
- worldnews@lemmy.ml
cross-posted from: https://lemmy.ml/post/19046336
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Thing is…there is no real free market with proper competition, anyway. If there was such a thing, my groceries wouldn’t cost double now from what they were a mere five years ago (or quadruple, if looking at soda like Coke and Pepsi products). There is rampant collusion and price-fixing going on and not a damn government official seems to be doing anything about it. And yeah, the “but but the pandemic” excuse runs pretty thin as the years of this gouging continues.
The truth is, a real market is never actually truly competitive. In an unregulated market, competing firms always collude with each other to set prices and wages for the industry. “Free market” ideology is based on nonsense, they’ve proven this over and over.
“Free market” ideology is based on nonsense, they’ve proven this over and over.
The theoretical model of the free market relies on perfectly rational actors acting on perfect information. If those are given, then resource allocation indeed is perfect.
Those conditions of course don’t exist in the real world, best we can do is to regulate away market failures to approach the theoretical ideal. That’s the kind of thing ordoliberalism argues for, and it can indeed work very well in practice. Random example: You want companies to use packaging with less environmental impact. You could have a packaging ministry that decides which company uses what packaging for what, creating tons of state bureaucracy – or you could say “producers, you’re now paying for the disposal of packaging yourself”. What previously was an externality for those companies suddenly appears on their balance sheet and they self-regulate to use way more cardboard, easily recyclable plastics, whatnot.
The theoretical model of the free market relies on perfectly rational actors acting on perfect information. If those are given, then resource allocation indeed is perfect.
That’s not even remotely true. Natural monopolies exist because of how natural resources work, and oligopolies or undercutting of prices to destroy weak competition can happen with perfect knowledge by sellers and buyers.
Thanks Reagan
*Milton Friedman
And every president since Reagan, including him.
Some of the comments in this thread really tell you why it takes a novel laureate to say this. Some of y’all do not have a basic understanding of history, economic systems, or what the term reactionary actually means.
The correct response to “neo liberal capitalism has contributed to the rise of fascism” should be “no shit, Sherlock”
It’s truly sad that that isn’t 100% of the comments here.
Scratch a liberal and a fascist bleed, y’all. That doesn’t mean all liberals are fascist, that means that fascism is an outgrowth of liberalism.
And just in case y’all also don’t know what that means, “liberalism” in that context isn’t “Obama liberal, Bush conservative,” it means the political ideology of liberalism, of which both Bush and Obama were proponents of.
ETA: I’m not engaging anymore… it’s not my job to teach y’all the difference between an economic system and authoritarian states. Also, your magic has no power here, I am an anarchist, not a stalinist. Please educate yourselves. If for no other reason, do it to make it easier to pwn the tankies or whatever the fuck
All right then… somehow in all of the history people wanted to get out of socialist/communist countries to the liberal ones so bad, that they had to build walls and shoot the trespassers.
Idk about you but I am gonna stick to the liberalism with solid amount of welfare and public services. However, you are free to move to Cuba or any other plethora of socialist countries to live however you want.
Papers pleaseAh yes the vuvuzela argument. Much easier than analyzing what the ideologies actually incentivize and lead to or using your eyes to take a look at the state of the world.
Complete brain rot. If LLMs reacted this way to every mention of socialism we’d think they needed more training. Chat GPT would express more a more nuanced and understanding-demonstrating answer than this. You should consider feeling ashamed.
I understand your frustration but you are misguided and ignorant. Education is truly a blessing to not repeat same mistakes from the past.
I am sure however that you are in extreme minority and pose zero danger to society. My sympathy remains. One has to believe in something. God, ufos or communism.
In a world dominated by capitalist realism I find that an ironic stance.
Socialism isn’t only implementable as an authoritarian state, but any attempt to implement it will be met with fierce resistance from “liberal” countries whose ruling class is not threatened by fascism but is threatened by socialism.
You’re fighting for the oppressor.
I am not fighting for anything. I am enjoying my life in a capitalist society. Thank you very much.
Enjoy it while you can, capitalism is actively destroying our climate and causing never before seen levels of wealth inequality. Fascism is the inevitable next step and is rapidly approaching. It will not perpetuate much longer whether by self-destruction, or hopefully, by replacement so that we can continue to thrive as a species.
That’s doomer speak from too much scrolling. I once too believed these things for a time but the world hasn’t ended, improved even. I am no longer as depressed and regained clarity of mind.
I hope you too can find peace and see the reason before all the time dwindles out like a sand from between your fingers.I am typing it lying on my huge bed, with cat at my side, full fridge, iPhone, iPad, car with full tank in the garage, 100 sqm apartment I own in the comfy part of the city. Steady, mostly passive income. Free healthcare working ok, education.
Why would I want communism? I would have to be not okay in the head
Bullshit. Fascists have been around for millenia longer than our peaceful mindsets. Back then it was more useful to be but recent advances in technology has made their usefulness nothing more than a nostalgic yearning for past and passed glories
I’m not entirely sure about millennia, but capitalism has been around for at least as long as currency has. That too has changed names but the idea of whoever is born with the most gets to steal the most is older than all existing civilizations.
What you’re saying is at best debatable, and it’s definitely not consensus in academia. Feudalism is substantially and fundamentally different from capitalism. Serfs worked the land not based on free contracts for a wage selling their labour as a commodity, but rather legally bound to their lord’s land. Access to consumer goods wasn’t through purchase as commodities in a free market, but through self-production and barter/debt within small communities. Peasants worked the land with their own means of production and made their own tools with their own means of production, and generally people weren’t hired working other people’s means of production.
Class struggle has existed for millennia, but capitalism is just the current predominant system of class struggle because through industrial development it overpowers preexisting systems that weren’t capitalist.
if you want to implement unpopular policies, authoritarian regime is the way
That’s not necessarily true, many supposedly democratic regimes consistently pass unpopular policy and don’t pass popular policy. E.g. welfare state cuts to expenditure in education, healthcare and pensions in post-2008 EU, or the lack of progressive policy in USA healthcare.
It’s precisely this ignoring of the popular will that turns people to fascism
There is one big flaw with socialism: socialist governance seems to require concentrating an extraordinary amount of power in elite government decision makers; this tends to produce a new ruling class, the widespread deprivation of political rights for everyone else, and crippling poverty.
By the nine divines… Why does it take libs 80 years extra to reach the conclusions that Marxists have already described in detail in the last century…
He is not taking a Marxist position. Possibly agreeing with parts of the same analysis as Marx but definitely not the same prescription. Not every criticism of Capitalism is an endorsement of Marxism
He is not taking a Marxist position
Precisely that’s why it’s taken him 80 years longer than Marxists to reach that conclusion.
Not every criticism of Capitalism is an endorsement of Marxism
Which is why non-marxist anti-capitalist movements such as Salvador Allende’s socialism in Chile, or Mosaddegh’s Iran, inevitably fail within a few years due to the lack of understanding of class struggle and the history of capitalism.
I take it you have a Marxist state as a counter example showing it’s superiority and longevity?
USSR lasted much longer than Allende’s project, and Cuba is still ongoing
The question was superiority and longevity. Are you claiming those are both superior states as well?
The USSR and Cuba are much more desirable than the short-lived wannabe socialist regime that led to Pinochet’s dictatorship, yes, how do you not see this?
