Amazing video by Technology Connections. It’s a long one, but don’t miss his 30 minute angry rant at the end.

  • mirshafie@europe.pub
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    3 hours ago

    I’m not making the claim that capitalism optimizes work, it’s the claim that liberals make. I think it’s important to actually study and understand what other people believe, and as I stated before the idea of capitalism does not allow destruction or monopolization of natural resources, or to block others from using natural resources in a responsible manner (which was the core problem with feudalism).

    The point is that billionaires are not liberals, and they don’t believe in capitalism.

    I’m not arguing whether capitalism is a flawed theory of economics which naturally leads to either fascism, social darwinism, or some third thing. I’m arguing that billionaires actually do believe in social darwinism, which is a different thing than liberalism or capitalism.

    • queermunist she/her@lemmy.ml
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      2 hours ago

      I think you’re conflating liberalism with capitalism, which isn’t really accurate.

      Capitalism can exist without liberalism, and this does lead into fascism, but that’s still capitalism.

      • mirshafie@europe.pub
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        2 hours ago

        No, I’m literally giving examples of how Adam Smith defined the foundations of capitalism, which both liberals and so-called conservatives normally favor as their preferred economic theory, and how these foundations contrast with a different philosophy favored by different people.

        Anyway, I’m done beating a dead horse here.

        • queermunist she/her@lemmy.ml
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          2 hours ago

          Adam Smith didn’t invent capitalism. It’s not a philosophy, it was an economic system that emerged from certain material relations. Liberalism, and fascism, are just two of the ideological frameworks that can reproduce capitalism’s material base and both of which emerge from the material base of capitalism.