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A comment on I was a useful idiot for capitalism. Parent comment

Re:I was a useful idiot for capitalism by piva00 on Wednesday December 21, 2022 @04:56AM (#34078656)
No, but in the 80s the rules of capitalism changed. The issue isn't capitalism per se but how the distribution of wealth generated by labour changed.

In the 80s we got a whole new set of capitalism: financial capitalism and neoliberalism. The breakdown of collective action, breakdown of solidarity between workers and a more hyper individualistic world.

This is exposed in the article, even though it focus on USA's changes, those changes have rippled through the globe.

Neoliberalism and hyper-financial capitalism begins in the 80s, that's what was introduced.

Did you read the article?

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Re:I was a useful idiot for capitalism by hnfong on Wednesday December 21, 2022 @05:14AM (#34078796)
If the OP read the article they would have realized the author wasn't a "tech type"....
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Re:I was a useful idiot for capitalism by Gibbon1 on Wednesday December 21, 2022 @05:59AM (#34079073)
I think the share of the economy going towards the financial sector went from 4% to 17% between 1970 and 2010.
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Re:I was a useful idiot for capitalism by bladelessninja2 on Wednesday December 21, 2022 @08:41AM (#34080587)
How could one change "rules of capitalism"? Capitalism is an idea, if anything's changed it was the system, so the system might have adopted some other ideas - that would be a change.

It's like having a car, disassemble wheels and call all cars useless.

It seems like USA is surprised that concentrating more and more power in few hands leads to corruption and as a cure they want to concentrate more power into hands of few (government) in the name of social justice expecting different outcome than before.

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Re:I was a useful idiot for capitalism by piva00 on Wednesday December 21, 2022 @09:08AM (#34080900)
> How could one change "rules of capitalism"? Capitalism is an idea, if anything's changed it was the system, so the system might have adopted some other ideas - that would be a change.

I thought it was clear I meant the system has changed by using "the rules of capitalism" as a literary device. I don't know if it really was unclear but that's exactly what I meant...

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Re:I was a useful idiot for capitalism by bladelessninja2 on Wednesday December 21, 2022 @10:36AM (#34082017)
You forgot to mention how rules changed - if you are right that is the only way to undo what happened. Instead, you argue "it changed for the worse, let's change it even more in some random direction" - this completely illogical, it looks like you don't what you are doing, but you (of course) play big intellectual and pretend it is OK to ignore facts.
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