What do you hope comes after it ?
Socialist phase where means of production are owned by the workers, and then communism.
No ofense but…
LoL.
Laugh while you can.
You can have cooperatives right now.
The problem there is getting the initial seed funding. Investors put money into companies because they want to have control over the company, and they can’t do that with a cooperative. There is a systemic bias towards capitalist company structure because of that.
Investors want to make money above all. You can issue bonds with favorable interest rates as long as you have a solid business.
The reality clearly demonstrates that investors don’t bother investing in coops. You’ve obviously never actually tried to get investors to invest in a coop.
No I haven’t.
But I expect that the search for people who want to participate in an expanding cooperative is the bigger problem.
Do you know of a cooperative that wants to issue bonds?
I recommend learning a bit about the subject before arguing about it. Cooperatives don’t issue bonds because nobody is going to buy these bonds.
Pure chaos.
No, this is Patrick
Deflation would actually make capitalism somewhat ok. It would stop people from buying useless shit and automatically reward the poor who can save a little but don’t know how to invest. That’s why I Bitcoin
Bitcoin doesn’t make it OK to get paid just for owning something, it’s just less capitalist than dollars. Miner profits tend towards zero with difficulty adjustment, and Bitcoin doesn’t pay to stake holders at all.
How is this not ok to reward those who don’t spend? If we are going to stop climate change we need to stop consuming shit as much as possible
In Europe it’s the Autumn of Capitalism
Unfortunately, it might also be the spring of fascism there.
People who downvoted you clearly aren’t paying attention to what’s happening in Italy and Germany to a lesser extent
As a German, I agree
Italy, Poland, Ukraine, Estonia, Hungary and Turkey all have severe issues with fascism right now
all have severe issues with fascism right now
It’s not an issue… fascism is a feature of classical liberal nation states - not a flaw.
Bullshit. Fascism is by definition antithetical to classical liberalism.
Really? Tell that to all the “liberal” regimes that enabled fascists when said liberals couldn’t keep working-class revolt in check… Weimar Germany literally did that to crush the “Spartacist” revolt after WW1.
There’s a saying amongst leftists - you can’t have a harvest of fascism without liberals loosening the ground for it first. Fascism is not some “aberration” of the classical liberal nation state and it never was.
Finland, Sweden, Spain, France, etc. etc.
