Christina Elson, the executive director of the Center for the Study of Capitalism at Wake Forest University, told Business Insider that many young people had embraced an idea she calls “safety capitalism.”
Ah yes, the executive director for the center for the study of capitalism says young folks want capitalism.
Come the fuck on.
Oh yeah. That sounds like exactly the person who would come up with a stupid fucking buzzword to get an article written they can use to show they understand capitalism extra well.
No they don’t. They want socialism. Or democratic socialism.
The fuck is safety capitalism? Is it just some bullshit word for people who don’t want to say socialism? Fuck, if that’s what it takes for people to accept socialism then they can call it whatever the fuck they want.
Social democracy isn’t sexy enough of a word I suppose. It would be capitalism but with a safety net
Also, it didn’t work out so well
Out of all countries, social democratic Nordic countries are probably doing the best. Pretty good going imo.
also looking at those countries we can see it isn’t a permanent fix though. Capitalists don’t stop fighting and will be successful in the long run
I mean that’s going to be the same for every country and every solution.
I’m not saying the work is done or that Nordic countries are anywhere near perfect or anything. Just that considering how others are doing, social democracy at least in the Nordic countries has done really well imo.
True
How much of their wealth is colonial wealth brought back by their ancestors?
Very little? None of them have been big colonial countries (Denmark was the biggest and they were a pretty small player) and Finland was itself a colonized country. Not sure if Iceland counts as a colonized country since I don’t think there lived anyone there beforehand.
Hm, Africa, the Caribbean, Indochina, all bloodily plundered by, lessee here… ah yes, the people of the Nordic countries
[yes I know nobody is innocent and the Sami would have some words but come the fuck on now]
Or just basic equality … more specifically WEALTH EQUALITY
to remove the power of the wealthy to get even more wealthy by exploiting everyone faster
And to give more power to those with little or no money and give them a chance to gain a bit of wealth.
Honestly if we just created a civilization where we spread the money around a little more equally, we’d have less psychopaths controlling the world and more people wanting to cooperate in making things better.
It wouldn’t create a utopia because we’re too complicated to be happy with one another but it would make our situation more tolerable and manageable.
So, socialism.
“You hear about ‘billionaires should be outlawed’ — that really isn’t the issue,” Elson previously told BI regarding Gen Zers’ concerns. “The issue is the bottom. What is the appropriate bottom living standard for an American citizen, and what role should the government have in ensuring that people don’t fall below that?”
Yes, this sad situation over here has absolutely nothing to do with sociopathic pursuit of a high score in our totally unflawed economic system.
What is the appropriate bottom living standard for an American citizen, and what role should the government have in ensuring that people don’t fall below that?"
Wow. She really said those words. Like with a straight face.
Absolutely knew she was going to get quoted and then said these words.
They could not possibly have more regressive framing - gross. What a sad attempt at sleight of hand.
The lack of safety net is a feature of late-stage capitalism, not a flaw.
It was also a feature of early stage capitalism. But instead of analysing features, it’s better to orginize and fight for political change
Exactly, but my point is their view isn’t big enough, it’s the entire system that facilitates this to be the case. We need political change on a foundational level, like getting rid of 2 senators per state and the electoral college.
I agree with you in principle, but honestly, if we can get countries like the U.S. in the same position as Scandinavia in terms of a social safety net, that would be such a vast improvement over the status quo and it would be far easier to achieve.
Yep, I don’t understand this. Do people really think the euro countries aren’t built upon capitalism?
Ain’t no one getting excited about any kind of capitalism any more 🤮🤢
Except those that profit by it … and that group will shrink as the middle class is torn apart.
The middle class is gone friend. For 99% of America two educated working full-time adults don’t earn the same purchasing power as one of their grandfather’s.
Anyone who insists that there’s a middle class is delusional
Any home owner is delusional if they think their home ownership would survive a single cancer diagnosis.
The system is designed to ensure that you’ll lose everything by the end, no matter what. The only peaceful resistance we have left is to refuse to breed, denying them more chattal.
My friend, we can all stop going to work before we stop breeding.
You made me look! It looks like the younger demographics (under 30) were about evenly split on favorable/disfavorable views of both capitalism and socialism in 2022. Pew Research Link
It skews more toward capitalism for each older age bracket, which makes intuitive sense. Regardless, some interesting stats in there.
That’s because all the Communist nations keep failing, and there’s only a couple left that haven’t already switched to Capitalism.
Which one of these haven’t been sabotaged with by a US coup? And let’s not pretend there are no failed capitalist countries either
Lol “safety capitalism” the editors wouldn’t even let them say socialist. Just the state of the world in 2024 -fight harder, people. I personally can’t handle what this shit does to my blood pressure anymore
I think it’s a smart move actually. The right is really good at turning a good word/description into “pure evil.” They killed socialism so keep the dynamics and change the name.
It’s like the morons that were asked if they liked Obamacare and if they liked the affordable care act. It’s the same thing but people said they hate Obamacare but liked the affordable care act… Right wing brainwashing at its finest…
I feel like that’s the reason I tend to preach anarchism over communism in general and don’t doubt you’re right about the statistics and propaganda playing into perception but I can’t help but feel like here that comes off as rehabilating the image of capitalism. We can make a softer bed of knives or make one out of foam- I know which one I’m choosing
safety capitalism has to be the most absurd stand in for socialism or welfare I’ve ever heard lmao
Really reaching new levels of copium
Who the hell cares, so long as it leads to some fundamental changes
If it is adopted we can refer to it as babby’s first socialism, right before the c-suites are rightfully purged and execs replaced with the workers on the floor
those other words have been coopted by the right so i get it
I wouldnt say stand in for socialism unless they’re talking about socilism. It sounds like they’re talking about capitalism with social benefits.
The latest iteration of the same “younger people more left wing” article newspapers have been writing for 60 years.
Except that that is slowly no longer being the case.
Millennials where promised we get more conservative over time and for many the opposite appears true. Even gen x is in many ways already more left wing then the boomers.
To me it appears as the boomer generation was fed so much propaganda after the war it became ingrained in society, it took a few generations to finally get it out our system but it is starting to happen. The kids will be alright.
The old will be dragged kicking and screaming into progress, as usual.
I’ve thought a lot about it these past several years and I agree with you. Boomers were so propandized before there were any protections that they had no choice but to be narcissistic and materialistic.
This already has a name: a welfare state or socialism. No need to pull made up terms out of your ass.
I’m fully on board with calling it “safety capitalism” or even “jesus reckoning savior economics” if i get what I want. at this point most of America just tunes out “socialism”
Who comes up with these words? Boomers inventing their own propaganda
current social safety net is broken
To shreds, you say?
This is the stupidest article I’ve ever read.
My brain says this is related to Safety Dance, and I don’t dance.
I’m here to let you know that you can dance if you want to.
But my friends don’t dance…
If they don’t dance then… Fuck em.
Sadly, they don’t do that, either.
Net? There was a net?
