Hi! In thinking about how to help the fediverse grow, I wonder if there are more mainstream Lemmy instances?
I’ve pointed a couple folks to Lemmy.world and it’s uhhh, pretty hard Left for them (as one girl, who volunteered for the Democrats said “I just got yelled at because I can’t be Left wing unless I want to destroy capitalism? Which feels weird.”) We’re much farther Left than reddit which itself was definitely Left of centre…
I don’t know if decentralized open source social media actually attracts many mainstreamers but assuming we want to grow the fediverse, I’d like to have somewhere I can point people to without feeling very nervous for them.
Thanks!
According to capitalism, capitalism is the only regulation capitalism needs. Capitalism regulated by something other than capitalism is anti-capitalism.
The bigger issue is that so many people misconstrued capitalism and markets. They are two different things. You can have markets, well regulated markets. And not have capitalism. Even under authoritarian leninist governments they have markets. There were markets in Soviet russia, there are markets in-state capitalist China. Even in North korea. But they do not let the wealthy regulate and decide the markets as capitalism does. They have plenty of other issues however.
Respectfully, I don’t think this is true.
Even Adam Smith warned about the dangers of monopolies and the fact that businesses would try to crate them, collide againat consumers etc. That’s kind of the foundation of anti trust legislation.
Now, modern republicans have endorsed the view of capitalism that you’ve noted but to say that’s the how Capitalism works is like saying Soviet Russia is how communism works.
Adam Smith, in modern terms, would be a social liberal. Probably some kind of ordoliberal. It’s Marx where the modern definition of capitalism comes from and it’s pretty much “what capitalists do, systemically, to stay in power”: Accumulate their capital, evade regulation, generate monopolies, seek rents, etc.
Respectfully, Adam Smith did not invent capitalism. He is seen by some as the father of it. But much like marx and Lenin and many others. Put together a popular outline of the thought at the time.
Even then he needs to be understood in the context of the times he lived in. He was very Progressive and educated for his time. But even if he believed that government should have some say in capitalism. Government back then meant wealthy white land owning males. I.E the capital class. I.E Capital controlling capital. Not the workers. Not women. Capitalism has always been about oligarchy. It was literally a response by the mercantilist class against the Royals.
Neither capitalism or socialism works for anyone but the vanguard/oligarchs.
You can’t just define capitalism however you want.
Most people understand that businesses need regulation, that’s the point and basis of so many agencies and bodies that it’s almost comical.
The real argument is how heavily it should be regulated. Yes, some folks, particularly those with a lot of capital don’t want regulations. That no more means capitalism itself doesn’t want or need regulations than say, a soccer player with a strong punch who wishes you could just punch other players means soccer wants players to be able to punch each other in the head.