this post was submitted on 05 Oct 2024
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Asklemmy

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[โ€“] [email protected] 29 points 7 months ago

Because propaganda is effective.

[โ€“] [email protected] 15 points 7 months ago (2 children)

Because the average person doesn't have any real time to think deeply about politics. They believe whatever big media tells them. Some also can't understand how evil someone people can get.

"Surely the basic logic of how things work must be very consistent in order to have such a large and prosperous country like the USA. I don't understand it. Probably because I'm missing something not because it's fundamentally flawed"

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[โ€“] [email protected] 17 points 7 months ago (2 children)
  1. Because it's in their personal interests to perpetuate capitalism
  2. Because liberal ideology is hegemonic and it is what most people have been raised to believe
  3. Plenty of other reasons why people hold the political beliefs they hold, surely it's obvious that there are many ways that someone can arrive at a belief system
[โ€“] [email protected] 5 points 7 months ago* (last edited 7 months ago) (1 children)

Your username on a post about capitalism makes me giggle

[โ€“] [email protected] 11 points 7 months ago (1 children)
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[โ€“] [email protected] 5 points 7 months ago

because they arent the ones being stripped of their livelihoods to fatten the moneypigs

[โ€“] [email protected] 41 points 7 months ago (1 children)

because they prefer to dream of themselves as billionaires in potentia. it's hard to admit you've been duped, especially when society gives you so many targets to punch down on.

or, as futurama put it, link

[โ€“] [email protected] 16 points 7 months ago

A slave doesn't dream to be free, but to be a king

[โ€“] [email protected] 4 points 7 months ago

Stockholm syndrome

[โ€“] [email protected] 30 points 7 months ago (1 children)

Well it's similar to what Churchill said about democracy... it's a bad system but it's better than all the others.

If you can put ideology aside and think in terms of economics, in many industries capitalism offers an efficient way of determining the an optimal price and quantity to produce considering the costs and value something brings. And it's something that allows for industries to function without an excessive amount of centralized planning which will often get things wrong.

But it's like a machine in a many ways. And like any machine it requires maintenance. Things like trust-busting, progessive taxation, regulations, and occasional stimulus are necessary to keep it running smoothly.

But once you bring ideology into it, it all becomes a shitshow. Some will argue capitalism is a perfect machine and any kind of maintenance on the machine will ruin it's perfection. Others take any kind of maintenance on the machine as a sign the machine will inevitably fail and needs to be replaced entirely. But then we go back to the beginning where other systems have been tried and they're worse. Charlatans, grifters, ideologues abound pushing people in every direct except for simply taking reasonable measures to keep the machine running smoothly. There's an almost religious devotion towards arguing the either the machine is perfect or the machine is doomed to failure and not only should be replaced they should accelerate the failure so it can be replaced sooner.

Zealots from all sides demonize the mechanics that are simply keeping things running. A lot of emotional nonsense about this thing. But to an economist, it's just a machine with both strengths and weaknesses. The functioning of the machine is well understood, and the other machines that have been tried didn't really work.

[โ€“] [email protected] 5 points 7 months ago (2 children)

I think decentralization of power is a nice feature too. Billionaires are power centers outside of the government, judiciary, or military. They exist as a result of lax control on the markets by the government. In countries without capitalism and property rights, the billionaires are the government and the judiciary and the military. So, even though it might seem like nationalizing their wealth would decrease inequality, if there aren't good safeguards for decentralizing government power, it would result in a less equal society.

Part of the existence of billionaires is the ability to actually determine which money is theirs. In autocratic governments, you can't really say who owns what because you never know what the government might decide to take.

I don't defend billionaires, I think power should be spread more fairly, but eliminating them via the government needs to be done wisely in order to maintain decentralization.

[โ€“] [email protected] 6 points 7 months ago (4 children)

Maintaining decentralization just allows for more centralization as markets coalesce into monopolist syndicates, better to centralize, make public property, and democratize.

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[โ€“] [email protected] 3 points 7 months ago

what if it was me

[โ€“] [email protected] 13 points 7 months ago* (last edited 7 months ago)

The Post apocalyptic nature of alot of media makes me think that people can more easily Imagine the fall of human civilization then we can a better world where everyone's needs are met.

To the 1%, losing all your wealth and power be an apocalypse, so it is in their best interests that everyone would be thinking the same as well. No matter how much better we all would be together otherwise.

[โ€“] [email protected] 17 points 7 months ago (2 children)

Our retirement is tied to it.

[โ€“] [email protected] 1 points 7 months ago

This is the answer, right here

[โ€“] [email protected] 10 points 7 months ago (1 children)

my retirement is non-existent

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