2008

Greedflation

The great depression

The entire US healthcare system

Mass incarceration

Forever wars

Union busting throughout history

Savings and loan crisis

Theranos

Twitter

Climate change

Planned obsolescence

COVID 19 vaccine price gouging from Moderna

Homelessness problem

And this is all stuff off of the top of my head. The iceberg is deep.

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Discussion

Haha, that’s a lot of examples. Maybe I can choose one?

Planned obsolescence - assuming that’s where the device is made to break after x time - doesn’t punish anyone. You’re just buying a time bomb. If they don’t tell you about it (as has been the case recently), that’s antisocial behavior, and capitalist systems correct that naturally with no added structures as consumers get angry and choose alternatives.

You are assuming healthy competition.

True, which I think is a safe assumption on a long enough timescale where people are free. No?

Unregulated Capitalism inevitably leads to a situation where a couple of bad apples corrupt the entire system. Point me to proof disproving my assumption here.

Haha I’m game to try. What’s our definition of “corrupt the entire system” and what time horizon should we be thinking on?

Twitter: look at is right. We are the Twitter now

Typos lol

“Look at us. We are the Twitter now”

Also Twitter is being ruined by Elon.

Totally. Man I’m so disappointed by that whole thing. I believed his aspirations at the beginning. Got rugged. But hey, Twitter runs on his computers (sorta). Not ours. I think he should be free to do what he wants with them.

Mass incarceration: this is a democracy problem not a capitalism problem imo

Get the profits out of the prison system, so the prison industry cannot pay off politicians.

Hey I fully agree - that is one way.

Freedom works too, but both can work for this.

The freedom route would be recognizing that it’s not cool to give people power to arm and send bands of armed dudes to incarcerate people for peacefully smoking or selling some weed.

The freedom route I think in this case might be resistant to more forms of influence than just the private prison money.

I also think that we should expand the social safety net to reduce addiction and help the poor and marginalized.

đź’Ż

Course I want to do it freely rather than coercively

But that’s so minor a point that I almost crossed it out. I so totally agree with this point. We could help so much more if we didn’t have such a ME culture.

Feel free to ping any that I didn’t chose btw