• rockSlayer@lemmy.world
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    11 months ago

    And we know now that his analysis on the outcome of capitalism is incorrect. Capitalism exists for the private property holders to extract as much wealth and power as possible from their privileged position. That unrelenting pursuit of profit has led to even worse inequality, and is collapsing entire ecosystems. It’s a disaster of an economic system full of contradictions. Those contradictions are now causing capitalism to collapse in on itself.

    • ILikeBoobies@lemmy.ca
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      11 months ago

      So you realize that the problems with capitalism are what it set out to prevent

      That doesn’t make the core of capitalism the opposite

      That means it’s not true capitalism

      The problem is greed that will exist in any system because people with power will degrade/morph any system to be self serving

                • ILikeBoobies@lemmy.ca
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                  11 months ago

                  Who checks if people are contributing/who divides the resources up?

                  Can I not bribe them to get more?

                  • rockSlayer@lemmy.world
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                    11 months ago

                    money isn’t necessary in a library economy, because there’s nothing to purchase. You go to the library for all non-consumable items. The library is incentivized to produce highly repairable and durable goods to reduce waste and minimize demand on the supply line. Consumable goods are gotten at locations similar to a food bank, all members of the community are responsible for producing food for the community.