Hi all,

I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.

Cheers!

  • Lily33@kbin.social
    71·
    1 year ago

    I guess most pro-capitalism people don’t mind corporate-controlled social media, and so have stayed on reddit. I don’t know why there aren’t more anti-monopolistic pro-capitalism libertarians here, though…

    • superkret@feddit.de
      61·
      1 year ago

      anti-monopolistic, pro-capitalism and libertarian don’t go together.

      Any libertarian capitalist system will always lead to monopolies that snuff out the competition.
      To have a free market, you need regulation and you need to bust monopolies as they emerge.

      • Lily33@kbin.social
        2·
        1 year ago

        That’s not what libertarians believe though. Whether they’re right or not is a separate issue. The point is, they exist, and I’d expect them to also like decentralized social networks (like they like decentralized finance).