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Items tagged with: Plutocracy
@rastinza WOW this is most intriguing and pleasantly disturbing... the average person has little-to-no chance other than umbrella term but I feel a bit of progress was made... and will put some comments below most for Rastinza:
1/ capitalism and free market can or cannot be the same thing?
β‘οΈ I would say yes when merged and even if separate to start with becomes capitalism by nature of bringing together and if they are not mutually exclusive together and not very far being able to inter-operate together.
2/ Free Market variant is hard to achieve on it's own?
β‘οΈ I agree it may be unachievable unless a lot of things are not present. And if they are present ruins Free Market and only flavours a bit whatever you try add it to.
3/ Oxford dictionary definition seems what the average person and most would agree with...
β‘οΈ it mentions "for profit" but not all short definitions elsewhere mention profit and interestingly can be "...private ownership of capital" so using the word "capital" itself and no mention of profit... not sure if this is a clue but I'm guessing ownership of capital (which is wealth, money, business, human resources, economic value) perhaps always leads to profit even if occasionally you don't have to or don't have it in mind as the main thing. You kinda have to make profit / shift surpluses to yourself of some kind even if it's not money.
β Can you have capitalism without profit... I guess depending on which flavour but most are for-profit it seems and YOU MUST profit else you don't have most types of capitalism or any capital.
β If above is true, does it suggest all #equality is ruined by capitalism itself - directly or eventually from the system forcing or being of nature towards profit as the main (hoarding / accumulating wealth, suckign energy of the people, controlling things, power-struggles, dog-eat-dog companies / states etc even if not distinctly mentioned in short descriptions).
2/ #Plutocracy might not be the best from all this - true, but does achieve two things!
π΄ Gets people to look up the word!
π΄ Makes it simple as 'rich' even though any democratic part in the world takes a hit usnig this word and assumes it's almost *all* rich people (which actually I think it *almost* is !!!!)
β¬οΈ It would be about the rich almost from way back in time if a few almost-aesthic things collapsed again (which were only a faceade of 'democracy perhaps). Since all existence of life may be based on those things of Kings etc, it seems history is overwhelmingly more than people "understanding" things or doing any democratic process (until things get too extreme and then something is done about it, but that's not democratic always either).
So I feel it's more top level / wealthy again and aesthetics of which rich person or which liar you get 'democratically'... today is all built on those things and just becoming mini-games within that? β
Not trying to ruin your version but coming from kings, families with wealth, land, strong bonds, technology being decisive... not sure how we can undo all that or not continue it in genuine "democratic" way. Honestly most people couldn't do it even if their life depended on it and that's part of why we're here I'm very very sure of that having tried / tested people personally! Just like working with dud people when you come down to talking 10+minutes and though they live and seem normal / able people. Just towing the line mainly. (which is why I want to change people's communication ability more than code or increase tech for the same things to happen between unhappy / uneducated . unloving people).
β« But true the rich don't have direct political power I guess, though even today it's seemingly proving even less needed, so perhaps they still indirectly buy power, talk betwee themselves, buy people of various kinds and that almost super-seeds / overwrites public and gets re-labelled at various points down the line even after any public or democraticc victory (gets er-done or undone later and we see it's just encroaching suffocating life). Even if for a while seems public gets there way, it's done behind back again or reworked later, oil pipeline is re-opened or just made where protest will be less.
And the hand can be put on should on anyone in hierarchy ...
And we see people / parents / teachers doing it despite the logic of that decision made by their supervisor, higher rank- unless they want to die by the sword of morality / staying true to themselves.
4/ Rastinza you mentioned "state capitalism" but I mentioned "state monopoly" capitalism - so just making sure because I think you *can* have capitalism in the popular sense where states govern it as a monopoly or main controlling party but it's not free market - just a kind of revolving door or meme picture of choice of doors leading back to the same things. Limited choice let's say.
5/ Absolutely disagree with this paragraph below
You said "you don't have a bunch of people deciding what the economy should produce according to how much profit they can make, but rather politicians and economists taking decisions according to what they feel is better for the nation."
β¬οΈ That sounds really naive - it's almost all for profit!! And seems ignoring everything is State controlled and regulated, to the extent that yes I feel and see by design State decides where they are going, NOT the politician and economist β‘οΈ "for the better of the nation" β¬ οΈ π
Because they might not know what's best, and anyway not able to overrule it even if they tried or had all the evidence otherwise.
Politicians and economists are seemingly purely there to follow the main stream of thought / wil from top and provide commentary like an employee - to follow mostly - yes a few rogues out there but nothing at all for changing the #system.
Systems are not there to change themselves generally π but cut out all that caring or detail stuff and get the booty / cash !
We see how often even the truth gets them / us, how far all the evidence out there gets.
State has final say (even if wrong - they determine the logic and often it's not logical and cruel actually to maintain power!). It owns all the puppets by nature of keeping them 'alive', and changes those values to kill them / die them off, or incentivizes the bullies and stronger folks (even academics and brains), punishes according to whatever thinking suits them more NOT PEOPLE!
So probably talks between themselves happen a lot and likely is that they are there to their self-given jobs alive ETC! NOT FOR BENEFIT OF ANY "NATION" feeling of that's long gone, BUT TO EXTRACT FROM IT! (that's their "business" model and not there to provide even people things to do and have a "pleasant life" among themselves!). No way.
And if you didn't see how disposable and crushing all that is / has been then I'm not sure how to say more. We're only there because they might need us and as soon as we're not we'll be cut off / phased out / exterminated, replaced by a machine. Why pay for excess humans?
That whole nation thing gives me the idea that people are doing it because they care or care more about nation than taking care of themselves.
Pretty sure also every nation has lost it's identity and culture also and it's just like similar sports teams that come together like #gladiators and gladiator-it-out leaving not much useful at the end but profits of one or the other.
Hope you can give me the arrow where I'm wrong but people doing it for people when on team "State" is like you think the job of politicians and economists (to do things almost *to* other rather than with them) is going to really take into consideration what they think and restore this world into cat-loving nature place with less money and not-for-profit give-it-to-the-children's-future ways!
Ok that's long and perhaps a bit of a sub-point but it's still about those ruling us... are if they going to actually give it back to us.. lol...
Is interesting. Thanks in advance.
Sensitive content
@rastinza Sorry for delay, post didn't show up in my notification or I missed it.
TLDR = see end paragraph!
1/ βοΈ So yes Rastinza I too was having these thoughts...
... though I am sure not completely in agreeing with you mostly because of your first line because we were writing it as Capitalism (Free Market)... which is the bracketed version and maybe it's contradiction as both are part of the same thing AND each can also be separate in it's own way.
The brackets shows it is a subtype (or economic policy as you say) and written as: Capitalism (Free Market OR ANY SUBTYPE) and maybe both can imply it's on way to be applied to things too...
Overall seems both is use in a variety of ways and all have their sub variants or mix of practices within other big headers as a 'way of doing things' and not just 1 thing...
2/ I realised as Freemo was talking tht he declared along the way 1 sub-type of Capitalism was the focus but initially / to start with it was first more about how *other people* use the word alone as "Capitalism" incorrectly - so if other people do not state it or mean the free market type, (let's say they mean "State monopoly" type capitalism or similar -
en.wikipedia.org/wiki/State_moβ¦
then they are more likely correct IF many more mean this sub-types or infer things of that Capitalism umbrella topic that covers those bad things commonly people mean (to do with the rich ruling, unfair possession, state interventions to keep it unfair, oligarchy etc)...
So perhaps it's generally accepted to mean this type more than any other... and I would accept people are less wrong if a majority means things whatever way they mean it IF they use it enough and assume between them which one they (especially if the other nuances are a bit niche / never learnt and nearly non-existent to them). So if people don't declare it then it might not be (Free Market) and as Freemo confirmed we don't have that type today so could suit most all people who say it and be correct about that (accidentally correct or not!)...
So the type of Capitalism is important of course but most people who don't declare subtype might agree on similar things (which might not know until we asked them) but generally in the State monopoly category or oligarchy / Techno-capitalism ...en.wikipedia.org/wiki/Technocaβ¦
...and similar variants of power over people or #profit over people... ?
(I just made this up but from hearing it often elsewhere).
3/ Which is why I liked the word #Plutocracy instead of Capitalism...
en.wikipedia.org/wiki/Plutocraβ¦
...because as it's a totally different word! HA π
CONCLUSION
β« 1 Capitalism has many types
β« 2 Use Plutocracy? en.wikipedia.org/wiki/Plutocraβ¦
#Capitalism Explained...
#Quotes from @freemo conversations in digestible bullet points...
π¬ βοΈ Capitalism (free markets), in it's correct meaning, is not a rule so much as an ideological guideline, and in reality should be in a #mix of many things, where #capitalism is only an #influence of *some* things (not all).
π¬ βοΈ We don't live in a country that is a pure capitalism, or even much of a capitalism at all...
Right now we don't have free markets, and that's the point.
π¬ βοΈ Not only is it not a free market, but it is quite far away from being one.
All-in- version...
π¬ βοΈ We also shouldn't strive for capitalism (free markets) as the default, it's not a rule so much as an ideological guideline, and the reality should be a mix of many things, where capitalism is only an influence.
=====================
3 Capitalism (free markets) Tips:
=====================
βοΈ is a way of doing things as a guideline - and not for everything to be done in this way.
βοΈ Capitalism isn't a binary word to say government is or isn't Capitalism since it's mixed.
βοΈ #Plutocracy probably as better word.
#Plutocracy as a best word to replace Capitalism maybe.
Capitalism perhaps does not mention the rich explicitly -
specifically the rich is perhaps more what people mean sometimes! π° π€
(Plutocracy = #political #system governed by the #wealthy people)
Perhaps "Capital" in the word also helps people not see or assume centralization rather than the many versions, including Free Market version which is important next to the word as a kind of sub-type of it"
π Capitalism (free markets)
en.wikipedia.org/wiki/Free_marβ¦
Looking at the #Plutocracy the #US #AmericanExperiment has once again become, you might be right.
It"s always a combination of many different measures, some of which I just described in German only minutes ago.
(1/n)
#SpendingLimits are essential for #democracies. One prime example are the #US. It went from being capitalist to being a #plutocracy after #CitizensUnitedVsFEC 1).
#Australia, in contrast, does right in this respect. Let's include more people with #AltText. ;)
"A tweet from @ politicsnewsusa.bsky.social announces that πAustralia has passed a bill limiting the amount billionaires can spend on political partiesπ to $20,000. The..."
(1/n)
#SpendingLimits are essential for #democracies. One prime example are the #US. It went from being capitalist to being a #plutocracy after #CitizensUnitedVsFEC 1).
#Australia, in contrast, does right in this respect. Let's include more people with #AltText. ;)
"A tweet from @ politicsnewsusa.bsky.social announces that πAustralia has passed a bill limiting the amount billionaires can spend on..."
CONTINUED:
mastodon.social/@HistoPol/1137β¦
Part 2:(2/2)
...political partiesπ to $20,000. The tweet includes a photo of the Australian flag and a [grumpy looking] photo of #ElonMusk.
Provided by @[url=https://fuzzies.wtf/users/altbot]Alt Bot[/url], generated using Gemini"
//
#CitizensUnitedVsFEC:
1)
mastodon.social/@HistoPol/1108β¦HistoPol (#HP) π΄ πΊπΈ π΄ (@HistoPol@mastodon.social)
#USpol #Elections #Elections2024 #History 2012: Turning the #US into a #Plutocracy--How it began after *#CitizensUnitedVsFEC*: https://www.theguardian.Mastodon