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by saubeidl
290 days ago
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I think one core issue in capitalism is that it's really hard to decide things that go against the interest of capital. See Big Oil, but also Big Tech these days. Sure, theoretically a democratic system would allow us to make all sorts of changes to curtail the worst excesses. In practice though, once the capitalist class has accumulated enough power, nothing that goes against their interest actually happens. They buy off politicians. They manipulate the public, be it through ad campaigns or even just straight up buying the media (Bezos buying WaPo, Musk buying Twitter). Capital distorts democratic decision making until it becomes completely unviable to curtail their power. |
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