Current Events > I'm no socialist, but capitlism is the reason Covid-19 is hitting us so bad.

(+) Yeah! (+)

A corporation is, at its core, a fictional legal entity that shields those running it from too heavy of a personal loss should its business ventures prove too unprofitable.
Allowing this serves to stimulate the economy, since it frees people to take somewhat more of a risk than they might otherwise. Groovy so far. The problem came when corporations started successfully lobbying (read: bribing politicians) to be given the same rights as actual people. It used to be that when it was found that a corporations actions were against the common good, they could be dissolved even without having necessarily broken any laws. This was useful, since it put a check on the enormous amount of power and lack of real accountability the people who ran them could amass through them.
So now you have these huge conglomerates wielding enormous amounts of wealth, with all the rights and none of the accountability that private citizens have, who are allowed to donate (read: bribe) as much as they want to politicians to keep writing laws in their favor (or writing the laws themselves and getting them rubber stamped by Congress) because theyve made it so that political contributions count as free speech and that free speech applies to them even though they are, as mentioned, legal fictions and not actual people.

The biggest political issue today is getting corporate money the fuck out of politics. There will never be a level playing field between the socioeconomic classes so long as corporations are given the same rights as people.
The mishandling of the crisis that led to the current situation is merely further proof of the dystopia we were already living in.

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Hinakuluiau posted...

A corporation is, at its core, a fictional legal entity that shields those running it from too heavy of a personal loss should its business ventures prove too unprofitable.

This doesn't happen in a true free market

*government fucks up*

i blame capitalism for this

Broseph_Stalin posted...

*government fucks up*

i blame capitalism for this

Ironic message from a man of your name.

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I dont know. It did hit communist China pretty hard....
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coh posted...

This doesn't happen in a true free market

Its almost like capitalism isn't entirely conducive to a free marketplace.

Anyway, uh, yeah, pretty much. Make your society more about protecting your citizens' health, safety and livelihood, and less/not about protecting shareholders, venture capitalists, landowners and other elite do-nothings, and naturally your society has a shot at treating your citizens better, where before it was capital that was treated well.

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Yeah bread lines are the answer

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IShall_Run_Amok posted...

Its almost like capitalism isn't entirely conducive to a free marketplace.

Anyway, uh, yeah, pretty much. Make your society more about protecting your citizens' health, safety and livelihood, and less/not about protecting shareholders, venture capitalists, landowners and other elite do-nothings, and naturally your society has a shot at treating your citizens better, where before it was capital that was treated well.

This runs counter to the materialistic viewpoint that I enjoy as a patron of the electronic medium

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LRodC posted...

Yeah bread lines are the answer

you dont like a system where you just get a voucher in the mail for 1 pack of sugar, coffee and 1 stipend of meat? we can make it better....we can make it so that if your house adderess starts with a even number you can't use it on mondays and wendsdays

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capitalism is bad, the solution to this pandemic is to give trump control over the entire economy. please like and retweet.

this would decimate capitalism or socialism. It's something about Asian societies or cultures more generally that allows them to fight this better. Look at Taiwan and SK

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I hate this logic. It's like it tries to avoid any direct blame to any person, real or legal entity, and just pass blame on the system. Not the briber, or bribee, just the system, like people that would do that shit against the spirit of capitalism, won't find a way to screw over socialism too.

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I don't think socialism would have saved us, I went into detail in my opening post. The title is clickbait

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No it isn't, don't feed the socialist trolls. It's China's fault that it got bad.
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LRodC posted...

Yeah bread lines are the answer

Buddy, we have bread lines.
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Antifar posted...

Buddy, we have bread lines.

yeah, but you get to choose what you buy when you get to the front...in true Communism you dont get a choice, you take your loaf and vamoose

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We've come full circle on the whole "No True Communism" thing.

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I dont think any economic plan considers mass shutdowns for months on end. Ultimately economies worldwide have to reopen regardless.

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Diseases don't give a shit about political or economic structures.

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People act like corruption, mass greed, and treating the lower classes as expendable are bugs in the system, but they're actually features. It's all according to plan.

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you can have good healthcare, healthy people, good unemployment programs and capitalism. Plenty of countries do.

Covid 19 is hitting the US hard because the majority of the population thinks the most important things for the government to focus on is building giant walls, keeping out and locking up migrants, owning guns and banning abortion. Sorry to say it but you reap what you fucking sow.

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Exactly

The GameStop and HobbyLobby stuff is pretty much capitalism in a nutshell, petty and deceptive practice even in the face of death to the laborers (the ones creating the real service and product). Capitalism is the biggest killer the world has ever known

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Son_of_Scotty posted...

this would decimate capitalism or socialism. It's something about Asian societies or cultures more generally that allows them to fight this better. Look at Taiwan and SK

How are you going to fix this? Faking your uncle's death?

masticatingman posted...

I dont think any economic plan considers mass shutdowns for months on end. Ultimately economies worldwide have to reopen regardless.

FaultyGourry posted...

Diseases don't give a shit about political or economic structures.

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Worker control of the means of production would not do anything to address the points you just made. If you believe socialism means "government doing stuff" (it doesn't, but that seems to be what you think), then incorporation is socialism since it's government doing stuff and they wouldn't exist in an anarchist society.

Now if you actually want to talk about the specific government policies you think are good and or bad that's another story, but nothing you talked about had anything to do with capitalism or socialism.

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That's ironic because the only reason this even spread as far as it did in the first place is because of communist coverups and denials in the originating country

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Except we don't have capitalism. We have corporatism. Profits over people.

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coh posted...

This doesn't happen in a true free market

bullshit, no such thing as a free market. in a 'free market' the strongest businesses set the rules.

Roxborough4Ever posted...

yeah, but you get to choose what you buy when you get to the front...in true Communism you dont get a choice, you take your loaf and vamoose

when i go to the store there's only one type of bread right now so...

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Ease of global travel is the reason this is hitting the world so bad. It is too hard to isolate.

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