this post was submitted on 21 Aug 2026
573 points (99.1% liked)

Technology

87390 readers
3836 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Doom@discuss.online 0 points 5 hours ago (1 children)

I don't understand your comment.

You're listing things and going "BAD" so Capitalism is bad.

A trading bubble is really just economics. Can't really say Capitalism causes that. The East India Trading Company is mercantilism which as evil as that specific company was the idea of trading goods from one country to another is like the core of our entire economic trade system today. Teapot Dome was flagrant corruption which happens in any economic system, the Canal and the railroad are more examples of labor exploitation which you can easily argue was less bad than the labor exploitation that came before it and led to better labor laws in the country.

It's like you're pointing at a gun and saying "FIRE MADE GUN, FIRE BAD!" because guns kill people. It's pretty caveman.

[–] Triasha@lemmy.world 1 points 4 hours ago (1 children)

I mean, capitalist do the same thing with socialism every day. It takes a lot of propaganda to get people to believe that caring for your neighbors = bad.

[–] Doom@discuss.online 1 points 3 hours ago

As someone who supports socialist movements I 100% agree. But I really think the big problem in the world right now is the misunderstanding of capital basically. People think capital or money or anything that involves government is capitalism? Or something? I don't really understand.

But just because people we might call capitalists pearl clutch about socialism doesn't give someone the space to do the same back, or really just lie/be ignorant. We can definitely discuss the flaws of economic systems or the system we live under and some solutions. But stamping "CAPITALISM BAD" or "SOCIALISM BAD" literally gets us nowhere.