- cross-posted to:
- technology@lemmy.world
- hackernews@lemmy.bestiver.se
- cross-posted to:
- technology@lemmy.world
- hackernews@lemmy.bestiver.se
cross-posted from: https://lemmy.bestiver.se/post/693048
cross-posted from: https://lemmy.bestiver.se/post/693048
Capitalism is not reformable because it fundamentally relies on ever increasing rates of profit and exploitation. The first is impossible in a finite world, and the second is untenable to anyone who believes in justice.
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Which system should it be in your scenario?
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Capitalism while replacing taxes on productive activities with taxes on unjustified monopoly power such as land value taxes to fund a UBI would be better than many past status quos.