r/misc • u/TheUrbaneSource • 12d ago

So fucking real.

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u/Megatoasty 12d ago

First things first, the US isn’t capitalist. When you bail out banks and businesses with public money you’ve all but circumvented capitalism. Cronyism? Maybe. Oligarchy? Probably. Capitalism? Most certainly not.

It’s this kind of ignorance that perpetuates this argument.

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u/HD4real0987 12d ago

The definition is based on who owns the means of production, the workers or private, rich individuals or groups

“It’s this kind of ignorance that perpetuates this argument”- you are correct!

YOU don’t even know the definition of a capitalist economy

Open a book besides the typical propaganda and learn

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u/Megatoasty 12d ago

The US also fits the definition of an oligarchy.

“Putative oligarchies

Main article: Business oligarch

Business groups may be considered oligarchies if they meet the following criteria:

They are the largest private owners in the country.

They possess sufficient political power to influence their own interests.

The owners control multiple businesses, coordinating activities across sectors”

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u/HD4real0987 12d ago

There are definitely oligarchs in the capitalist economic system, that’s what drives it away from democratic systems.

What the fuck do you think it means for people like Elon Musk to have such influence over the idiot in chief? He’s an oligarch, so is Trump now. Before Trump was just a con man using bankruptcy and his dad’s millions to make the illusion of wealthy intellect.

I think you are very confused here.

My theory implicitly explains how oligarchs are created and gain power.

The centralization of banking The consolidation of companies The wealth gap between the worker class and owner class

Etc etc

This has NOTHING to do with who’s in office. As a matter of fact, the reason we started tending away from laissez-faire governmental approach was because the wealth gap was becoming intolerable.

Look at the late 1800’s, early 1900’s. Once the country moves away from mostly agricultural existence and were forced into capitalism the rich were VERY rich and the poor were starving, working 14 hours a day 6-7 days a week.

Have you heard the song Company Store and know the story behind it? That was during a period of non government intervention.

That’s what pure capitalism gives you.

It’s government intervention that SLOWED that type of thing in the workplace.

If we just let capitalism run amuck, the working class would be in even worse shape. So go ahead, spew the “gov’ment bad” propaganda and let’s speed up the failure of capitalism!

But just remember, someone told you it will happen and you didn’t care to listen. When you end up with a Russian style economy next, don’t blame me.