Nostr Web Client

Do you think property rights or private ownership is the cause of or makes the wealth gap or child poverty worse? If so what solution do you propose?

BlueDuckBTC 6mo ago

Yes. When someone owns the means of production, they control the capital. When you control the capital, you will continue to centralize the capital and own more means of production.

Yes, historically the wealth gap and child hunger vs food production has gotten worse over the decades. Human and technological advances in production have multiplied over the last century, yet wages have not kept pace with production.

I’ve got a very good solution to start with:

Stop protecting the wealthy. Stop punching down and start punching up. Stop normalizing extreme wealth. Stop worshipping the rich and the lifestyles funded by exploitation. Stop the rent seeking culture. Stop pretending we are against each other. Stop thinking about just yourself. Stop perpetuating the capitalist propaganda and Stockholm syndrome.

These are all things we can do now without any action other than the ideology and how we think.

Reply to this note

Please Login to reply.

Discussion

Speedster 6mo ago

I agree that lots of societal metrics have gotten worse over the last 50 years, but thats true in capitalist, fascist, socialist and communist countries so I disagree that capitalism is the smoking gun problem, equally i don’t think its current form it is the solution.

Your solution is just feelings/opinions. Can you specify monetary policy, property rights, taxation, welfare policies that can be codified and enforced?

If people want to voluntarily rent accommodation rather than take on the responsibility of owning i am ok with others providing it and charging rent.

If people accumulate capital, start businesses and provide opportunities for others to be employees i am fine with that. If employees want to work and not accumulate capital fine. If they want to work so they themselves can accumulate capital also fine. Work for yourself or others is up to the individual. If your employer is stealing from you use the legal system or quit and start your own business-or work somewhere else.

BlueDuckBTC 6mo ago

You are right, my solutions are opinions, that’s how all governing bodies start. I don’t need to specify anymore, I want to start with logic and reason instead of use of force.

Why did you sell your rental properties? Why monetize life essentials? If you have so much wealth that you can afford to purchase multiple homes, why not help the less fortunate out and stop monetizing life essentials.

“Provide opportunities to employ others…” how gracious of them to do nothing but own capital! Without labor, why have capital? Without labor, where is your proof of work?

It’s so easy…”Just get a job and work,” Oh sit, how profound, why haven’t the masses figured this out yet.

If #capitalism is the solution, what’s been holding it back from fixing everything?

What flaws does capitalism have?

Why did you sell your excess materials for #bitcoin?

Speedster 6mo ago

I don’t think you have made a logical connection between capitalism and the negative outcomes you stated. They all exist to varying degrees under all the other ‘ism’s’.

I sold my rental properties because the problem i was trying to solve was outrunning inflation and bitcoin does that better. Selling them also made them available to folks that wanted to live in their own home rather than rent.

Where are the workers going to work if there wasn’t an entrepreneur that accumulated capital to start businesses and build factories? Not all workers are able or want to be entrepreneurs.

If capitalism is so bad why is it that net migration is away from communist/socialist countries to capitalist ones?

What are your thoughts on:

1. Property rights

2. Money issuance

3. Inheritance

4. Free speech

5. Gun ownership

I appreciate your passion and agree that you have identified issues that would benefit lots of people if fixed.

I don’t think you have made a logical argument that capitalism is the root cause or offered any comparison showing how it’s worse than the current alternatives, nor have you offered a solution.

BlueDuckBTC 6mo ago

I’ve answered your questions and will continue after you explain to me some flaws with capitalism, property rights, and profit motivation?

If you cannot at the least argue against capitalism, it is just a religion to you.

Also, do not assume I’m FOR any other isms just because I can point out the historical consequences of capitalism.

Speedster 6mo ago

I’m not trying to argue that capitalism is good, I am responding to your posts claiming it’s bad. You make no logical argument and offer no solution. If you are trying to convince people i think you’re failing.

BlueDuckBTC 6mo ago

I offered many solutions. Capitalism exploits labor and resources…this is bad. We have historical evidence because of the wealth gap, corporate conglomerates, and environmental disasters.

If you are trying to not answer my questions, you are doing a great job.

Speedster 6mo ago

You seem passionate and well meaning but you are not convincing and your feelings aren’t actionable solutions. All the best to you. Perhaps you will have more luck with others.

BlueDuckBTC 6mo ago

So when pressed to answer questions, time to walk away. I get it, they are hard questions. Best of luck to you and I hope take more time to read more.

BlueDuckBTC 6mo ago

If you don’t think capitalism has ANY connection to the exploitation of labor or resources…we have no grounds whatsoever which to discuss because ignorance is not evidence.

BlueDuckBTC 6mo ago

I will wait for your response, then we will start from the top with one tenet of capitalism. I will show you how logic and reason dismantles the sustainability and ethics of capitalism.