• BaardFigur@lemmy.world
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      6 months ago

      While the current state of capitalism is sort of broken (doing all kinds of evil stuff in the name of shareholder profit), doesn’t make all elements of it broken.

      I’m pretty happy to be able to own personal stuff for example. Like a house. Or smaller stuff, like a phone. There also needs to be some kind of mechanism actually encouraging people to contribute to society.

      • smiling_big_baby_boy@midwest.social
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        6 months ago

        Personal property and private property are important distinctions. Personal property is established and maintained autonomously through social connections, while private property is maintained thru coercive systems and institutions (an invention from capitalism).

        The threat of starvation and coercive violence are the main factors incentivizing people to work under capitalism.

        For more - read ANARCHY WORKS by Peter Gelderloos. Chapter: Economy, “Without wages, what is the incentive to work?” (pg. 61)

        https://anarchy.works/primer.html#toc22

        • BaardFigur@lemmy.world
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          6 months ago

          Yeah, that works so well that exactly zero countries, among 8 billion people have implemented it

          • Mighty@lemmy.world
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            6 months ago

            Hm I wonder how that’s possible… You’re really close to understanding how imperialism, colonialism and the war machine works

      • Mighty@lemmy.world
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        6 months ago

        Capitalism isn’t broken, you’re right. The misery of 90-95% if society is expected under capitalism. It’s not a sign of capitalism being broken but for it working as intended.