Live data from Hacker News

A majority of millennials now reject capitalism, poll shows

washingtonpost.com

61–67 of 67 posts

Re: A majority of millennials now reject capitalism, poll shows

#61

This sure disappeared from the front page in a hurry. Here’s your scheduled reminder that, no matter what benevolence they claim, a news site run by a venture _capitalist_ fund may not have your best interests at heart vis-à-vis discussions about capitalism.

Yes, because the voting system on HN has nothing to do with how long articles stay on the front page.

Re: A majority of millennials now reject capitalism, poll shows

#62

Earlier quoted context omitted.

If you're going to criticize it you need to propose something better. Marxism demonstrably isn't it.

> If you're going to criticize it you need to propose something better. No, I don't. This is nonsense. "How should society be run" is an unfathomably complex problem, possibly the problem of our entire existence. Of course I don't have the complete answer. That does not preclude noticing the myriad problems with the current system, to suggest it does is a complete non sequitur. > Marxism demonstrably isn't it. Holy f…

> No, I don't.

Yes, you do. Otherwise it's just whining.

Illustration:

I can't fly like Superman, even though it would be really, really cool if I could. It's a problem that makes my life less happy than it would otherwise be.

The first option I have is figure out some way to make that possible, and advocate that society (or venture capitalists, or whoever) devote the resources necessary to make it happen.

The second option, if the first ends in failure, is to conclude that it's not actually possible to do that, and just accept that fact and get on with my life.

The third option is to spend all my time complaining about how "unfair" it is.

The third option is called "whining".

Re: A majority of millennials now reject capitalism, poll shows

#63
post #55

Earlier quoted context omitted.

> Social democracy cannot be replicated in countries like USA or Eastern Europe Why?

Because of mentality and being very prone to the too much free power makes one too cocky. We can actually see how it works when corporations get lazy and mismanage very hard.

Mentality can be changed for good (the past few years show how it can be changed for evil).

If it can't, then it's a missed opportunity of planetary proportions.

https://www.jstor.org/stable/20446694?mag=socialism-make-peo...

Re: A majority of millennials now reject capitalism, poll shows

#64
post #22

Earlier quoted context omitted.

Good questions, but you ask as if there were no intellectuals out there discussing postcapitalist futures or social movements trying to build (or "prefigure") a postcapitalist world. Granted, they often aren't very visible, but publications like Jacobin are a good way to keep up with these efforts.

Do you have any specific articles?

I often recommend this one: https://www.jacobinmag.com/2011/12/four-futures -- it has since been elaborated into a book. Bonus points for lots of sci-fi references.

Re: A majority of millennials now reject capitalism, poll shows

#65
post #52

Earlier quoted context omitted.

...who aren't chosen by the people. That's the defining characteristic.

Neither are the oligarchs in America.

The economic left to right axis, and the authoritarian libertarian axis are orthogonal. I hope this helps.

Re: A majority of millennials now reject capitalism, poll shows

#66
Phamaceutical lobbies peddling opiates caused the heroin problem, alcohol lobbies pushed the war or marijuana, bank lobbyists pushed for deregulation that caused the housing crash, the subsequent recession, and wage stagnation as well. The problem is they're trying to get money independent of whether they hurt society or not. This is the second demonstration in american history that unfettered capitalism naturally creates an environment that is anti-competitive and fundamentally an un-free market. As lovers of startups, and the innovation and disruption that they provide, we should be pushing for models that prevent corporations from seizing control of our government and pushing out the real innovators. The dreamers who hope to make a living making the world a better place instead of making a quick buck robbing society.

Re: A majority of millennials now reject capitalism, poll shows

#67
post #55

Earlier quoted context omitted.

> Social democracy cannot be replicated in countries like USA or Eastern Europe Why?

Because of mentality and being very prone to the too much free power makes one too cocky. We can actually see how it works when corporations get lazy and mismanage very hard.

You are highlighting a problem of too much centralization, not a problem of economic left or right. Centralization has this problem independent of whether it manifests in government or corporations.
Post reply on HN