r/Capitalism

It's pretty interesting to see how China can order a US company to unwind the purchase of another company in Singapore, after it was already complete.

🇺🇸 Meta > 🇸🇬 Manus ❌ 🇨🇳 Government

#SingaporeWashing

I think I understand how America is less socialist than many other developed countries , things like no universal healthcare, weaker welfare systems, more expensive education etc
But what I genuinely want to understand is: what makes countries like Australia or in Western Europe any less capitalist than America in practical terms? They still have private businesses, corporations, wealthy people, stock markets and competition. So what are the real-life differences that make people say America is “more capitalist”?

Nothing like paying into a club you can’t be a part of.

FTS!

🃏

Hi everyone. I have been getting into the manufacturing process of new media products lately. Specifically, I focus on how capitalism seeks new markets and reshapes the understanding of popular culture products for profit. If you are interested in this topic, can you share important books and articles with me.

I dont mean traditional communism or anything like that.

in my opinion our system is broken. We rely on markets, bonds etc to not collapse meanwhile they dont like anything that might lower their profits for even a better fairer society so hold us all to ransom. Benefits that a lot of people rely on and services get cut and billionaire and companies threaten to move anytime anyone goes left towards a better society for everyone not the few.

im not sure communism is the answer. i think UBI might help but thats a pipe dream for now.

i refuse to believe this system is the only one we could use and theres no true alternates out there, or at the very least , decent ideas for sustainable systems because i feel ours is doomed to collapse.

does anyone know of any books exploring non communist alternative systems out there? Just exchanging ideas, not asking for manifestos etc.

An absolute banger from the Mises Institute

What do you guys think of what he says?

One thing I’ve never fully understood is how strong defenders of capitalism reconcile that position with opposition to offshoring and globalization. From a market perspective, offshoring makes perfect sense. If a company can lower labor costs, increase profits, improve competitiveness, and raise shareholder value by moving production overseas, then capitalism appears to incentivize exactly that behavior. This isn’t theoretical. We’ve watched manufacturing and industrial jobs leave the US for decades because it was more profitable to produce labor elsewhere at lower cost.

If offshoring is a rational outcome of capitalist incentives within a global market, then on what basis is it being criticized? Is the argument that this is a distortion of capitalism, or is it an intended consequence of firms pursuing profit and efficiency as the system encourages them to?

I’m not even necessarily making a moral argument here. I’m asking how economic nationalism and anti-globalist positions fit alongside strong support for free-market capitalism when the incentives of the system seem to push naturally toward global labor arbitrage.

I’m a firm believer in Milton Friedman, Ronald Reagan and Adam. I am a capitalist by heart. I do believe that having tax rates as low as possible is good for the economy. I am a libertarian.

English is not my first language. How would I convince other people to vote for politicians that promote lower taxes and lower regulations? Whats the best way of explaining these concepts? Thank you very much.

A marketing scam
“I got 5k followers!”
Is that what accomplishment has become now? The number of virtual likes and friends you have? What happens when the internet goes out? Will your 500,000 followers come save you?

It’s all such a scheme. I’m not sure which is worse: this capitalist hellhole we live in, or the millions of content creators who make their living off being approachable on the World Wide Web.

Everyone is trying to sell you something on these platforms. It’s actually exhausting.

The thing that is worse, though, is having to get up to go to a job every fucking “weekday.” Work with people less skilled than you. Who don’t respect you, or respect you enough to remember anytjing you say.

“I’ve got worms in my stomach,”
“I would pee myself if I couldn’t use your bathroom,” (the student only clinic office on the first floor has the coveted adult bathroom)
“We’re flexible here, we go with the flow,”
“If you get flu, does that mean you won’t get rsv?”
—all said to me by adults

I am so tired of dumbing myself down for the masses. Of small talk. Of fake talk. Of having to “yes - ma’am” everything. On my job hinging on how agreeable, how palatable I can present myself to my bosses. Who probably shouldn’t be my bosses, because I participate in capitalism as a nurse and they’re not nurses.

I’m so tired of saying yes to things I’d rather say no to. Of doing it because “what if I regret it later,” of listening to my stupid brother, my absent uncle, my well meaning partner. I want to make my own decisions. I’m tired of the ring of people in my mind, silently judging, watching from afar—even though, in the present, I’m totally alone.

Like clockwork, every day, I think of them - my father, his wife; my family members; rehearse what I said from their perspective. I’m tired of fretting over the others’ perspective.

I’m also tired of being shushed. Of being made to think people are going to “find us out,” when I was simply trying to get information. Of that pressure to be secretive, when I just want to be open. Burnt out of hiding.

I am so angry I have to do so many chores all the time… most of my life is spent thinking about chores, dreading chores, planning chores, doing chores, avoiding chores. Chores and errands. Flanked by the constant uncertainty of other humans.

Their unreliability is astounding. I hate this because I am a reliable person. I just never want to go above and beyond for toxic workplaces. Working at a school is like working in a cult.

When you leave, you can’t tell anyone. You just disappear. You’re supposed to go to all these events and pretend to care about every kid and these weekly staff meetings where they talk about nothing that has to do with my job.

So fuck it. I’m not doing shit I don’t want to do anymore. I’m not going to those staff meetings. And I won’t feel guilty about it, like some people want you to feel. I won’t go to any meetings at school, and I won’t give a fuck. I’m fucking done.

I’m so over teachers freaking the fuck out about nothing. It’s patronizing and jarring. Just let me do my assessment and work. I’m so over them freaking out over the smallest thing.

High strung and low effort and high expectation and low returns.

When can I quit? I can’t quit soon enough

Aren't communism and capitalism opposites and incompatible?

Capitalism is about private ownership. But in communism, there is no private ownership, the people own everything.

How can China have both?

Has to be one of the best example cases for important utilities being public and not run by for-profit corporations.

For those not interested in checking out the article, the town of Lake Tahoe is set to lose 75% of its power as its primary power provider decided it will no longer provide power to them so it can sell it to data centers instead.

that's all.