It's hard to interpret "We basically put a big flashing sign right out front saying whose interests are the top priority" as anything but distaste, just as it's hard to parse "the name “capitalism” states whose interests are favored in our system" as anything but a favorable verisimilitude. Whose capital? Construction contractors? Service industry bosses? How exactly are they favored? Clearly wage theft is a well-understood phenomenon, so wouldn't it be a greater indictment of the legal system backing the law than the system that rests on top of it? How is any of this unique to a capitalist system and prevented in, say, command economies?
vundercind|2 years ago
Social-capitalist economies (the “social democracies” and adjacent) tend to do better job at this particular thing. Unions are pretty damn effective at cutting down on employers failing to follow through on their obligations, for one thing, and other states do a better job of supporting and incubating those organizations, besides whatever else they do in statute and enforcement to curb the power of capital to behave poorly.
The US tends to center its capitalist nature more than other states, is why I suggested we wear it rather “on our sleeve”.
“Why does this liquid taste like apples?”
“My brother in Christ: the label reads ‘Apple Juice’”
Philorandroid|2 years ago
No need to start flinging poo.
> Social-capitalist economies (the “social democracies” and adjacent) tend to do better job at this particular thing.
Can you point to a social capitalist country that does a demonstrably better job as a direct result of being a social-capitalist/social democratic/democratic socialist policies? From a cursory search, the US shares in wage theft being a problem with the UK, Australia, Germany and Sweden (granted to a lesser extent for the last two), and I have no doubt a slew of others as well.
CaptainFever|2 years ago
Though, when complaining about capitalism to try to improve it, it is probably best to mention social-capitalism as what you are advocating for.
Due to the recent political climate (e.g. the Russian invasion) communists are also complaining about capitalism on online forums as a way to advocate for it, which I believe is why GP thought you were talking about command economies. I thought so, too.