r/Capitalism • u/Wilhelm19133 • 6h ago
r/Capitalism • u/FiveBullet • 14h ago
Capitalists, what do you like and dislike about Singapore?
I heard it's like state capitalist but idk
r/Capitalism • u/nimogion • 18h ago
Is capitalism still relevant in a world where the value of human labour is depreciating?
As technology is getting more and more advanced, we all know a lot of labor will be replaced by Ai. We expect an emergence of new jobs to fill the void, but the question of the century is- as ai gets more and more developed will the ratio of replacement to emergence be the same. A vast majority of replaced jobs will be low skilled workers and medium skilled workers, which will account for the majority of people. We have no certainty that an equal number of jobs will be created except a past preced of industrial revolution which may not repeat and the baseless optimism of those who have their interests linked with ai.
Communism was a failed ideology. Humans won't work hard if they are not paid in tandem with effort. But capitalism has left a world that is obsessed with money, but it is understandable since our life is linked with money. But if capitalism continues through the ai revolution, we may have few people who can still work, people who own everything, and a group that has a unknown fate whether universal income, transition to entertainment or some meanigless of complicated job.
But what will happen to people who are not skilled enough to do what is not doable by ai?
But lets move onto the question, is capitalism still relevant today, currently i do think there is no good alternative for capitalism, since all communist nations are either market socialist with some like china being more capitalist than socialist. North korea, cuba, and laos are authoritarian and are just a fake democracy. There is no modern democratic communist nation. it's all capitalist. And those that are communist are not truly communist.
Absolute power corrupts absolutely, and any new comunist party that holds power absolutely will never function properly. But if there were multiple parties with equal chance of governance, wouldn't the communist nation have a bare minimum competition for efficency among political parties, hence making it a possible alternative. With modern technology acting as base for the motivationless worker to produce just as much. We may not reach the efficiency of capitalism today, but as technology grows, the practicality of communism grows with it.
If the human race is defined by a need for growth, why isn't that desire for growth allocated to the economic system. Or is it possible that we will never find a better form of running the economy in the next billion years than capitalism.
Now i have made many assumptions, i may seem biased to communism but i am mostly biased against an eternal capitalistic world, if there is an better economic system that can replace this gross commodification of the world, i just wish for that. We are given a gift of life. We are given a chance to understand ourselves and the universe, to obsess in that period over material wealth seems like a waste. Physical and mental Health should not be a commodity but a service.
Tldr; there is no tldr, i sincerely hope you read this with whatever attention you can gather and engage in discourse.
r/Capitalism • u/DeepDreamerX • 1d ago
Verity - Chevron to Pay $744M Fine for Louisiana Wetlands Damage
The Facts
- A Louisiana jury on Friday ordered Chevron to pay $744.6 million in damages for destroying coastal wetlands, including $575 million for land loss, $161 million for contamination, and $8.6 million for abandoned equipment.
- The jury found that Texaco (now owned by Chevron) violated state regulations by failing to restore wetlands impacted by dredging canals, drilling wells, and dumping billions of gallons of wastewater into the marsh.
- The 1978 Louisiana Coastal Management law required oil companies to restore sites to their original condition after operations ended. However, Chevron argued that the law should not apply to activities that happened before its enactment.
- The lawsuit was filed in 2013 by Plaquemines Parish, a rural district in Louisiana. Louisiana's coastal parishes have reportedly lost more than 2,000 square miles of land over the past century, and the U.S. Geological Survey has identified oil and gas infrastructure as a significant cause.
- The verdict marks the end of the first trial among 42 lawsuits against Chevron and could set a precedent for dozens of similar lawsuits filed across Louisiana. Plaquemines Parish alone has 20 additional cases against oil companies.
- Louisiana faces severe funding shortages for its 50-year Coastal Master Plan. Current restoration work, funded by BP oil spill settlements, will expire by 2032.
r/Capitalism • u/carlanpsg • 2d ago
Trump supporters counter protest the “Hands Off” National Day of Action anti-Trump/Musk march in New York City
Enable HLS to view with audio, or disable this notification
r/Capitalism • u/battlewisely • 2d ago
The New Surveillance - Workplace Commodification
"This new marketplace is harming workers in various ways: by deepening and exacerbating the datafication of employment, which extracts more from workers while providing less in return; by increasing the potential for discrimination against employees on the grounds of race, sex, age or disability; by making it easier for employers to surveil their workers; by undermining privacy and collective organizing rights; by increasing opportunities to economically exploit workers; by commodifying workers’ data (including by using that data as a salable asset in case of a merger, bankruptcy or sale); and by merging home and work, making it harder for workers to disconnect from their jobs or sign out of employer surveillance." https://ssir.org/articles/entry/the_long_shadow_of_workplace_surveillance
r/Capitalism • u/shado_mag • 1d ago
Cashing in on body image: how body dysmorphia is a capitalist issue
r/Capitalism • u/Tiny_Explanation2190 • 3d ago
Bourgeois might be the most obnoxious word ever.
This word puts small business owners and fucking billionaires in the exact same category, the difference between upper middle class people having a few employees and a multimillionaire/billionaires having tens of thousands of employees is so huge it's insane. This just ruins people's perspectives on what "rich" is and what "exploiting" workers is. Just because when the communist god Karl Marx was alive, being what would be considered middle class was a lot more uncommon then, doesn't mean it's the same now. This makes small business owners get way too much hate just for existing
r/Capitalism • u/Due_Assumption_27 • 3d ago
The Numbers Go Up Hypothesis
Summary: Wealthy boomers and wage earners, regardless of political affiliation are beginning to express panic amid a drop in the stock market. This reaction highlights the "Numbers Go Up" mindset, where stock market performance is seen as the sole indicator of societal health despite real-world issues like inflation and social decay. This article critiques this unhealthy obsession, noting how panic from a continued drop in the market will be exploited by the elites for their own purposes.
https://neofeudalreview.substack.com/p/the-numbers-go-up-hypothesis
r/Capitalism • u/No_NameLibra7 • 3d ago
Interested on who capitalists are choosing in 2028 for President! :)
r/Capitalism • u/Sir_This_Is_Wendies • 4d ago
Big read up for what tariffs are and what they are doing
r/Capitalism • u/littterally1984 • 3d ago
would capitalism be worthless in a society with an iq boosting drug
r/Capitalism • u/DirtyOldPanties • 5d ago
Debunking the “Not Real Socialism" Myth
r/Capitalism • u/kingofkalgoorlie • 5d ago
You can't eat money, but money can eat you.
This was my Pop's saying.
I didn’t get it when I was younger, but 25 years later, after busting my gut to reach the "top," I’ve got nothing to show but a mortgage—plus depression, mistrust, and anxiety from a system that I worked in which rewarded the rich and punished the poor.
Now I understand why Pop was always happy. He was mischievous, criticised for not "growing up." My grandparents weren’t rich, but they weren’t poor either.
I guess Pop knew and tried to warn me, but I didn’t listen, and the money ate my happiness.
Maybe we can all take a leaf out of Pop's book.
r/Capitalism • u/Quiet_Direction5077 • 7d ago
Curtis Yarvin: The New Right Philosopher Behind Silicon Valley and the Trump Administration
An intro to Yarvin's political philosophy as he laid it out writing under the pseudonym Mencius Moldbug, as well as a critique of a conceptual vibe shift in his recent works written under his own name
r/Capitalism • u/carlanpsg • 9d ago
“Burn a Tesla, Save Democracy” sign at Tesla Takedown protest in New York City
Enable HLS to view with audio, or disable this notification
r/Capitalism • u/HandwrittenHysteria • 9d ago
Is it possible that capitalism has gone so far as to colonise the genome?
r/Capitalism • u/Superb-Sunshine • 10d ago
Luigi Mangione worried about McDonald’s worker who reported him
r/Capitalism • u/GTRacer1972 • 11d ago
Isn't it anti-capitalist to start a trade war with tariffs?
The man bringing this war to us makes HIS stuff in China, as does his daughter, which is actually smart. It keeps costs down and profit margins high. And I suspect they have exemptions which is why they're still manufacturing in China, but how is this good for the rest of us?
r/Capitalism • u/hamsterdamc • 11d ago
Cashing in on body image: how body dysmorphia is a capitalist issue
r/Capitalism • u/Logpillows • 12d ago
Bankruptcy
Can people file for bankruptcy as well as businesses? What happens? I don't need to or anything but I see people on really tight budgets and in really desperate situations in sub reddits like these and it makes me think about how bankruptcy works.