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Capitalism is the paywall of life
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this post was submitted on 07 Jul 2023
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Showerthoughts
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Well-regulated capitalism on the other hand has resulted in an explosion of technological advancement like no other era in human history.
The key is regulation. Not too little, but not too much either. Some things, like minimum wage, are clearly under regulated. Other things, like mandating USB-C, are honestly better left to the free market (and I fucking love USB-C.)
There is a lot of space for discussion on the desired reach of free market and regulation, and it is actually happening in politics. Too bad in public space it sometimes looks like the only options are extreme capitalism or anticapitalism.
By the way, highly regulated authoritarian states have even more success to regulate breathing than capitalism, so it is weird to focus the hate on one but not the other.
On the other hand there is something to be said about those who feel like they are left out by the system which does not self correct in their favor. Hearing their voices, which might justifiably sound extreme, is important.