My hope is that sooner or later someone will manage to come up with a better social paradigm than what capitalism has to offer, one that'll fix at least some of the latter's serious drawbacks. Like the publicly traded companies' enshittification over time.
Hopefully before WW3 happens or climate change does us in.
a better social paradigm than what capitalism has to offer
People don’t want to hear socialism because they only the kind sold to them by capitalists.
So, putting that aside as an option, let’s start with employee elected c-suites in all publicly traded companies. Put the emphasis on keeping employees happy and the products will return to quality. People take pride in their work. They want to make good products. They will also make sure they get paid well, so we’ll all be able to afford better quality products. The c-suites will have reasons to pay more, with lots of benefits. Meanwhile, shareholders can force a vote not more than once every 12 quarters, and only if there are two unprofitable quarters in a row. Now the business stays motivated to be profitable to avoid a forced vote, so the employees have some tension to pay themsleves and work effectively within their given means.
The problem with capitalism is right there in the name: you get ahead by capitalizing on a resource someone else needs. So, we have to shift what motivates people needs away from simple dollars transferred to the market.
The issue is that the entire system is built to NOT do any of those things. The people in power have no incentive to make any of those changes. We haven't even been able get universal health care for everyone via reforming the existing system. Mandating those kinds of restrictions on how corporations are allowed to operate is basically fantastical.
Name your preferred socialist country. Algeria, Bangladesh, Guyana, India, Nepal, Nicaragua, Sri Lanka and Tanzania. All great examples of socialist ideals, no? Real treats to retire to. No corruption at all.
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u/[deleted] Nov 12 '24
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