An NDP/Green majority will never happen in our lifetime. What do we do instead? We will never be a socialist state. How do we be more responsible capitalists?

[–] theacharnian@lemmy.ca 5 points 4 days ago (1 children)

An NDP/Green majority will never happen in our lifetime.

Well, not with that attitude.

[–] SaveTheTuaHawk@lemmy.ca -1 points 4 days ago (1 children)

Not unless they start caring about workers, not how many letters to add after LGBTQ+BLT...

[–] theacharnian@lemmy.ca 4 points 4 days ago

Instead parotting lazy stereotypes, maybe look at the NDPs actual policy priorities: https://lewisisleader.ca/ideas/dignified-work

[–] Tiger666@lemmy.ca 4 points 4 days ago (1 children)

Responsible capitalism doesnt exist. We have had over 300 years of responsible capitalism. Its responsible right now and always has been to its owners. It is functioning exactly as intended, that is to maximize wealth in as few of hands possible. There is no "ethical" capitalism.

[–] kent_eh@lemmy.ca 1 points 4 days ago (1 children)

Responsible capitalism doesnt exist

No, but well regulated capitalism is a close approximation.

[–] Tiger666@lemmy.ca 1 points 1 day ago (1 children)

Well regulated?

So you are telling me we need a system that needs so many regulations to make it almost fair but is still master slave relationship when it comes to outcomes.

Why not have a system that is equitable for everyone? Why not have a system where everyone has what they need to survive? Why not build a system that doesnt need regulations just to work.

By the way, what you are talking about is called REFORM(as in reforming capitalism). What I'm talking about is revolution.

Over one hundred years ago someone posed the same question and wrote a short thesis on the subject. What she came up with as a result of her queries is that reform doesnt work and the only solution to the question of capitalism was revolution not reform.

We have been here before and the outcome is still the same. Can we grow up this time and make the right choice, only time will tell.

[–] kent_eh@lemmy.ca 1 points 1 day ago

I never claimed it was the ideal.

But it would be an improvement over what we are confronted with now.

[–] kbal@fedia.io 6 points 5 days ago

Tax the rich. Start rebuilding the public wealth that has been sold off over the past 40 years. Reinvent capitalism along more sustainable lines where it's possible, build alternatives to it where it isn't. Or maybe just let things roll along the path of least resistance for a few more years and then watch it all crash and burn.

By saying that even a relatively modest goal such as an NDP government "will never happen" you're casting a vote for the latter.

[–] iocase@lemmy.zip 2 points 5 days ago* (last edited 5 days ago)

It's a natural result of incentives I think.

"Show me your incentives and I'll tell you the outcomes"

So I think the most likely course of action is it runs its course and it all collapses due to the rich 1%'s hubris. What incentive do the majority of the 1% have if they practically own nothing relative to the 1% of the 1%? That's when you get elite civil war and infighting. Maybe they'll realize on their own that this is headed towards disaster? Again, I think incentives make that almost impossible.

The alternative I would prefer to see is nationalization of natural monopolies like rail, telecom, power, natural gas .etc. they all operate as the definition of a natural monopoly (actually basically all of the duolopolies I listed are partial or complete natural monopolies)

Natural monopoly: where the cost of building a network is extremely capital intensive, requires dedicated Right Of Way (ROW) procurement or eminent domain, and where the marginal cost of adding more customers or running more freight is almost zero compared to building the network in the first place.

Natural monopolies shouldn't be private enterprise since they by definition can't be competed with. Are we going to build a second parallel power system? Is every house going to have 5 natural gas stubs for 5 competing natural gas pipeline networks?

All of those deserve to be nationalized. It's the reason oil monopolies either get split up or they get nationalized. Oil is a different beast though where you can have companies competing at each step of exploration, extraction, transport, refinement, distribution, storage .etc (each is almost its own natural monopoly though in each category.)