Simple answer: No. More nuanced answer: not exactly. Not Capitalism per-se anyway. But clearly you can see an unhealthy degree of commingling of big government and big business, in a way that is damaging to society at large. But to my mind: a. that's corruption, not capitalism b. that's an argument against big government, not an argument against capitalism
Is capitalism a threat to democracy?
21–30 of 230 posts
Re: Is capitalism a threat to democracy?
#22Re: Is capitalism a threat to democracy?
#23Simple answer: No. More nuanced answer: not exactly. Not Capitalism per-se anyway. But clearly you can see an unhealthy degree of commingling of big government and big business, in a way that is damaging to society at large. But to my mind: a. that's corruption, not capitalism b. that's an argument against big government, not an argument against capitalism
In the absence of big government, big corporate will become defacto government even more easily.
Re: Is capitalism a threat to democracy?
#24Re: Is capitalism a threat to democracy?
#25Simple answer: No. More nuanced answer: not exactly. Not Capitalism per-se anyway. But clearly you can see an unhealthy degree of commingling of big government and big business, in a way that is damaging to society at large. But to my mind: a. that's corruption, not capitalism b. that's an argument against big government, not an argument against capitalism
In the absence of big government, big corporate will become defacto government even more easily.
There have been way too many stories alone on HN about people losing e.g. their entire mail archives or Youtube deleting evidence videos of war crimes, to let this situation continue for any longer.
Government needs to finally recognize the importance of social media to modern society... after all, telcos are not allowed to arbitrarily cut you off (especially not for life!). Why should social media be treated differently?
Re: Is capitalism a threat to democracy?
#26Re: Is capitalism a threat to democracy?
#27Simple answer: No. More nuanced answer: not exactly. Not Capitalism per-se anyway. But clearly you can see an unhealthy degree of commingling of big government and big business, in a way that is damaging to society at large. But to my mind: a. that's corruption, not capitalism b. that's an argument against big government, not an argument against capitalism
A government that is not large enough to upset an even playing field will also not be large enough to level an uneven playing field.
Re: Is capitalism a threat to democracy?
#28Simple answer: No. More nuanced answer: not exactly. Not Capitalism per-se anyway. But clearly you can see an unhealthy degree of commingling of big government and big business, in a way that is damaging to society at large. But to my mind: a. that's corruption, not capitalism b. that's an argument against big government, not an argument against capitalism
This is the same logic used by people who argue "That's corruption, not socialism." If everywhere there is capitalism, there is corruption, you can't simply wave it away.
Edit: I originally asked "How is this argument different from 'that's corruption, not socialism'", which some seemed to interpret as a defense of socialism. I'm just pointing out the flawed logic in both arguments.
Re: Is capitalism a threat to democracy?
#29Simple answer: No. More nuanced answer: not exactly. Not Capitalism per-se anyway. But clearly you can see an unhealthy degree of commingling of big government and big business, in a way that is damaging to society at large. But to my mind: a. that's corruption, not capitalism b. that's an argument against big government, not an argument against capitalism
Re: Is capitalism a threat to democracy?
#30Of course it is! That's like asking, is monarchy a threat to democracy? Capitalist corporations are basically just little kingdoms.