this post was submitted on 20 Aug 2023
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Honestly, I think capitalism wouldn't be so bad if it was limited to what it's good at. Fashion, tech, entertainment, snacks, ect.
But essential food, housing, water, healthcare, even electricity and internet access, the idea that these things that will always have infinite demand is haphazardly controlled through profit motive is disgusting.
Infrastructures should be government controlled and free. Essential resources should have some sort of universal basic "food stamps" system. Then actual money just becomes the luxury "fun bucks" that you don't lose out on if you don't have a lot. For example pet owners would be given a credits for pet food and free vet care, but a silly pet costume would use money.
Disclaimer: This is just a personal idea I've been mulling over, I'm sure there's a million holes in it.
I feel like we see the worst outcomes of those areas under capitalism. If you are poor you often can afford only unhealthy food, fashion is an ecological nightmare and tech produces unbelivable amounts of e-waste. And entertainment is basically only there to serve you ads and stimulate consumption.
Capitalism may be good with fashion but actually seeing that art into production is fucking horrible and filled with rampant human rights and environmental abuse.
That's not to say it can't work decently. We just need a level playing field in the form of international regulation.