There are many options, but the “easiest” one which comes to mind is to cap CEO pay at some value, like 2 mil say, and increase wages for lowest earners to a living wage. This is effectively moving the same money around, so shouldn’t really result in inflation, but I am not an economist.
Secondly, the nature of reality requires caps on expected profit margins, and shareholder expectations need to be adjusted. If people expect unmitigated growth, then they need to open up to exploring the universe (literally). Given that the universe is boundless, all our calculus based on resource limitations will need to change.
We’ve always been… a government subsidizing most of our livelihoods, constantly borrowing more money and producing deficit every day/month/year could not be sustained indefinitely. Could there be a better path to a sustainable economy? For sure. But we are paying what was long due, the unpaid humongous check of “the good guys”.
Capitalist economies are not sustainable. That's kind of their point: Line goes up, even though resources are finite (which economists conveniently ignore). Hence, they can't be sustained ad infinitum. We're all borrowing/stealing from somewhere, including from nature. (And the harder we believe in capitalism, the faster humanity will crash because resources are getting used up.)
Ultimately, money is a means to an end anyway: Making sure society functions well enough that everyone has food and shelter. Other than that, it's just imaginary figures.
Hmm I want to see your point . Trying really hard, but: have you lived in an absolutely corrupt society like Argentina? Then, have you thought about “line goes up” is not only material resources, but any idea, tech product, or sustainable product, can make it also go up ? Also… amount of people… on top of that… our precious “socialist” govt was not pushing for anything sustainable… only filling their pockets while claiming to be helping people, making people less educated on purpose, so they cannot survive without a “present state”. I’m not religious but I like holding cliches as axioms, and one I really like is: teach a man how to fish…
If I extrapolate your train of thought to the maximum, basically we should all commit suicide as to not deplete earths resources.
So, what is exactly your point if you do not mind rephrasing it? What is good vs bad in your terms? I love sustainability, small communal govts where corruption can be refereed and prevented , not a humongous federal beast where “one rule fits all” ensures life will never be in the best interest of the people. But please, put yourself in the shoes of reality. It’s not capitalism vs something else . If it were for me, I’d live in anarchy, but that also presents some other troubles. We all want what we believe it’s best for humanity as a whole, we just focus or see different solutions or advantages first . Or some pro vs con weigh differently on different people. I do not stand by any politician, I find that good can be done outside of state , and taxes to be a form of accepted feudalism . I do not believe capitalism to be inherently evil and doomed to fail; I believe all systems can be used for the good, if we leave greed aside, and I also do not think that capitalism==greed. It’s like saying guns kill people, when people kill people. It’s a cultural and mindset shift that needs to happen, not necessarily the system is forcing it on anyone . We can disagree and be fine. But I’d like to try and understand your point.
The personal attack is so uncalled for. Is Lemmy becoming Reddit? More than half of the country was already poor and the poverty percentage was on the rise before this guy. Please try to add some logic into your resentment.