this post was submitted on 12 Nov 2026
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Late Stage Capitalism
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Same logic:
You don't hate capitalism. You hate the version of it taught to you by someone who took the easiest educational track possible.
actually, i do hate capitalism with all its complexity too. imo the market is a useful tool when kept in check by having to compete with planned, government-subsidised alternatives, but private ownership of capital is what generates 99% of the problems with it. either the workers should own the capital or the public should. the best option is probably somewhere between the two.
I agree - but the workers and the public should be the same entity!
imo the distinction is between the workers of that particular organisation vs the public as a whole. there's still value in the people actually close to the work making the decisions (a lot of the failures of the soviet system can be attributed to party officials overruling experts) but it should be counterbalanced by the public looking out for each other, so that no single org or collection of orgs stand above the rest of society.