• 0 Posts
  • 9 Comments
Joined 2 years ago
cake
Cake day: July 8th, 2023

help-circle

  • Democracy isn’t the problem; it’s the money in politics, which is an intended effect of capitalism.

    Capitalism is the problem. Capitalism by its very natire is a system of economic distribution where you have an owner class who control a working class via wages, where the working class will never be paid what they are worth due to the profit motive that the owner class has when it comes to the profit of their business. Shareholder capitalism makes this even worse, as the profit year-over-year must ALWAYS go up, as that is how stock price increases. It is to the point where shareholders sue companies not for losing money, but for making less money than they did the year prior, and they win.

    Imagine an alternative where you could have democracy in your workplace (worker-owned coops). You would be able to hire and fire your boss with a vote. You will be able to determine the direction of the business, also with a vote. This could be the reality if we just forced all corporations to be worker-owned coops.

    This, combined with a hard wealth cap and a UBI, will prevent any one person (or small group of people) from gaining enough power to buy a government, and the addition of democracy in business will also make business interests harder to corrupt as well.





  • More generally, the founders wrote the constitution as if every leader will act in good faith. That has proven to be a bad idea, but also how do you even account for that? Their idea was a system of checks and balances, but that failed to account for when one party has control over every branch, and for when one branch goes rogue and starts ignoring the other two branches, as we are seeing now with the executive.

    IMO, limiting power (money in the case of a capitalistic society) is the only way. The founders had the right idea with the limitation of power, but they didn’t take that idea to the economic side of things. Force all corporations to be worker owned coops and have a hard wealth cap of $50 million by taxing anything over at a rate of 100%.