Just being Frank. Independent and Politically Nonbinary.

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Joined 3 个月前
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Cake day: 2024年11月11日

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  • We actually used to have some form of stakeholder capitalism, at least practiced at a large number of companies. This is before the greedy corporate raiders ruined it, where they made investors the priority. It only existed for a short period, between the abuses of the past, and the abuses of now. But it was long enough where some people enjoyed an entire career.

    At these companies, employees used to have jobs for life, pensions, and generous benefits. But then the corporate raiders took that all away. That is also about the time that employee’s wages stopped growing and started to stagnate or worse.

    Was it perfect? No. But it was better than communism, and better than laissez-faire capitalism, and better than crony capitalism, which we have now.

    The good news is that some people are trying to bring stakeholder capitalism back. Many states now have something called a “public benefit corporation” which is legally required to consider all of the stakeholders, not just the investors. These laws would prevent corporate raiders and investors from gutting these companies at the expense of the workers and consumers.

    Plus, cooperatives and employee-owned companies have been around for a long time. Both employees and consumers are treated much better at these enterprises than they are at their investor-owned counterparts.

    It is a model that works, and must be protected.



  • There are different kinds of capitalism, just like there are different types of socialism.

    Authoritarian socialism or communism is the worst, and crony capitalism is what we currently have, and is pretty bad too. But there are things like democratic socialism and stakeholder capitalism which attempt to balance competing interests.

    For example, stakeholder capitalism is where all of the stakeholders benefit from their contributions, including labor. Workers get a share of the profits of the company, and are paid well as stakeholders in the company. The workers often own part or all of the company. There are also cooperatives, where the customers own the enterprise. Cooperatives work great for healthcare and necessities like groceries.

    People tend to pick the worst examples of capitalism and socialism, but those are not the only flavors.


  • China suffers from the same problem the USSR did. When you have one party rule, it does not matter how democratic the constitution says a country is. If you can only elect people from one party, and the party determines who can run for office, voters can only select from a list of candidates that are aligned with the party and its leader. This effectively transfers power to the party leaders and away from elected officials and the people.




  • I just thought of some good examples of crazy. (I don’t call them crazy, but other people do.)

    Stance 1: Anti-Immigration (don’t let foreigners in).
    Stance 2: Open Borders (let anyone in with no checks, including criminals)
    Stance 3: Immigration Reform (allow immigration and make the process easier, but weed out the criminals)
    Stance 4: Status Quo (allow immigration, but it is difficult and time consuming)

    Many people think that stances 1 and 2 are “crazy.” I just think that they are counterproductive and ineffective. And the anti-foreigner thing is racist.


  • Most people’s grievances right now are the economy and inflation. And they want change. They want the elites to have less control over their lives.

    Sure, the right has some crazy ideas. So does the left. But the middle decides elections because they are the swing voters, and the middle’s main grievances are the economy and that they feel helpless in a world where the wealthy control everything.