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this post was submitted on 30 Mar 2024
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Yeah, while I hate to say I rather support capitalism – living in a milder capitalism country in which the bigger problem is commercialism – I admit capitalism is broken fundamentally. Any bad actor can push their conspiracy just by putting money.
Capitalism is primarily defined by the need to push for constant growth. There's nothing wrong with buying and selling things, but making growth a matter of primacy automatically means the quality of the product and user experience isn't. Neither is the well-being and livelihood of the workers.
In a system where companies are incentivized to compete on that level, we can't have nice things. Not for long anyway.
It's definitely capitalism, rather than just commerce, that's the problem. It's a social cancer.
Increasing wealth inequality is a feature, not a bug, of capitalism.