[American biased post, because that’s what I know and where I am]
Been screaming that capitalism is not the problem you are experiencing. Monopolies, or more to the point, cartels, have exploded in scope over the past 40-years. Think of a company you hate, a company that’s fucking you over, a company that’s fucking us ALL over. Bet they fit the bill.
Hate your job at Lowe’s? Go to Home Depot! wait… There’s a great family-owned, local hardware store, but I can’t afford to shop there.
Walgreens piss you off? Just go to CVS! well damn… New local pharmacy chain is really nice! They can’t take my insurance.
If you’re under 40, or maybe even under 50, I cannot relate how alien this all is, the words fail me. If you’re in your 20s or 30s, it’s easy to think it was always like this. Oh hell no it was not.
Along with allowing corporations unlimited political “speech”, i.e. campaign contributions, the proliferation of cartels will go down in history as America’s failing point. (Basically the same thing?)
News like the current entertainment mergers didn’t fucking happen. And here on lemmy we’re talking, with a straight face, about the ups and downs of the Netflix/Warner Bros./HBO merger. And if you’ll remember, Warner Bros./Time Warner/AOL was the largest merger in US history!
You’re complaining about accumulation of power/wealth and how it ends up being abused by the powerful/wealthy. That’s one of the main features of unregulated capitalism
The key word is unregulated. Why does it have to be unregulated?
It was regulated. They captured the regulators. That’s the whole point. It could never have gone any other way. Capitalism breeds greed. In everyone. And when a greedy person sees another person doing something highly immoral and abusive to their customers, they don’t think, “my God! We have to stop it!”
They think, “that’s a good idea. How can I get MINE?”
Because capitalists don’t like regulations? When you let corporations become the sole driver of the economy, some of them get really big, so big they can easily buy out the people who are supposed to regulate the market.
Why do you think all companies are bending the knee and ass kissing trump? Because you get what you want when you bribe him enough.
https://www.iss.europa.eu/publications/commentary/trump-takes-aim-overseas-extortion-american-tech-companies-eu-us-rift
Also isn’t lobbying legal in the US? It’s almost like the country was made by capitalists assholes to make it easy to subvert regulations.
The US was founded by the rich for the rich. Anything else is just convenient propaganda to convince the masses otherwise.
I hear ya, just seems like one of those throwing the baby away with the bathwater things.
The likelyhood of implementing market regulations is plausible vs implementing full communism, which will never happen.
We can make progressive steps towards fixing our system and I don’t want to give up.
Name an economic system that doesn’t eventually funnel money to the top. Not one person has answered that on lemmy, but it sounds like you can!
So they all funnel money to the top.
Are you suggesting that capitalism funnels money to the top slower than other systems? Or that when capitalism does it, it’s somehow less problematic?
Because what else is your point here?
Other lemmings already did, but you’re hellbent on saying “Nuh-uh! That doesn’t count!” which, judging from your other comments, comes from not wanting to accept that an economic system isn’t a magical, isolated thing that is simple to understand and always works the same everywhere, without any relation to the groups and communities within it.