Re:Status, Wealth, & Power: Network Effects Demand a New Soc...
by Animats on Thursday July 15, 2021 @01:38PM
(#27847477)
A lot of the things you mentioned only developed during the time when there was (or seemed to be) a compelling competing ideology.
Communism/socialism was seen as a potential alternative to capitalism during that time, and I think that the competition of ideas during that time led to more benefits for the lower end of the economic ladder.
Yes. I've made that point before, but it's not a mainstream position.
Many of the problems we have with capitalism come from capitalism being a monopoly, and acting like one.
Here's anti-communism PR from the 1949-1955 on the distribution of wealth. Back then, capitalism had to be sold in a competitive market.[1][2]
Communism/socialism was seen as a potential alternative to capitalism during that time, and I think that the competition of ideas during that time led to more benefits for the lower end of the economic ladder.
Yes. I've made that point before, but it's not a mainstream position.
Many of the problems we have with capitalism come from capitalism being a monopoly, and acting like one.
Here's anti-communism PR from the 1949-1955 on the distribution of wealth. Back then, capitalism had to be sold in a competitive market.[1][2]
[1] https://archive.org/details/Americas1955
[2] https://archive.org/details/MeetKing1949