tl;dr - true capitalism results in economic singularities and infinite wealth for everyone. that’s why i like capitalism as a leftist.

to get us started, my definition of capitalism is “unregulated competition”.

i ask because… …i really like capitalism. but i’m a leftist.

i am someone who has been called numerous 6 letter words my entire life by people who think i’m a socialist or communist. but i’m really not.

it’s funny really, those calling me a f##### can’t handle real competition. especially at this point in a planetary species’ development. where nimbleness, flexibility and cooperation among economic partners is more profitable than most government intervention. obviously.

government is meant to ensure security, authenticity and veracity of economic claims. not limit markets with patents or unreasonable prohibitions.

i think authentic capitalism is wonderful and the ideal choice for a free society.

  • Beacon@fedia.io
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    15 days ago

    true capitalism results in economic singularities and infinite wealth for everyone.

    No it doesn’t. I have no idea where you came up with that thought, but it’s totally incorrect. And that’s the entire fundamental basis of your concept, so everything else stemming from it is incorrect too

    So your opinion isn’t even wrong, because it’s an opinion about a non-reality

      • Beacon@fedia.io
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        15 days ago

        Yes, the end result of unregulated capitalism is always power getting concentrated into a handful of individuals while the rest of the planet’s billions of people are effectively in poverty and powerless

  • MotoAsh@piefed.social
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    15 days ago

    Depends what you mean by, “enjoy capitalism”.

    Enjoy being able to buy what ever you can afford even if it’s something silly that you don’t really need? Sure. Also wholly possible under many other economic systems, because “capitalism” is not simply using money.

    Enjoy it in that you enjoy stealing value from employees and getting unjustly rich off of their labor?

    Not so much.

  • Triumph@fedia.io
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    15 days ago

    Your definition of capitalism is wrong.

    Capitalism is where an ownership class possesses the means of production, a labor class which operates the means of production is undercompensated, and the amount by which they are undercompensated is passed to the ownership class.

    “Unregulated competition” is libertarianism, which is just the shitty cherry on top of capitalism.

    Nothing you’ve said is at all “leftist”.

  • Shimitar@downonthestreet.eu
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    15 days ago

    Very much yes!

    Leftist doesn’t mean communist or socialist.

    And also doesn’t mean a specific economic model, more a set of principles that guide your reasoning and behaviour (hopefully)

    • CrocodilloBombardino@piefed.social
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      15 days ago

      To be any kind of leftist at all, you have to believe in equality in society, in providing for all, and opposing hierarchy. There are many interpretations of how to get to such a place, though socialism encompasses the biggest ones.

      You can enjoy the things you have access to in the current system, but enjoying the system itself, which forces us to enrich billionaires, destroys the planet, pushes us into poverty, and wastes our time and potential working on what the market wants instead of what we want, is fundamentally anti-leftist.

  • Cruxifux@feddit.nl
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    15 days ago

    What’s your definition of capitalism? What exactly is it about capitalism that you enjoy that is specific to capitalism?

  • ruuster13@lemmy.zip
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    15 days ago

    If your friends always play Monopoly and you get dragged into it, do you refuse to have fun on principle? Or do you choose to have a blast with your friends, occasionally chuckle at the game’s shortcomings, and indulge in exploiting some of its weaknesses to ensure you come out on top? (That last one is optional and depends on you getting assigned to play the banker)

  • frankPodmore@slrpnk.net
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    15 days ago

    Aside from your odd definition of capitalism and its outcomes, which other people have addressed, the answer to the headline question is: yes.

    Karl Marx, for example, believed that you could not have capitalism without exploitation and that it was therefore an unethical system that should be defeated. He also held that capitalism was inherently contradictory and that it therefore not only should be destroyed, but that it must be destroyed.

    However: Marx also believed that capitalism was an enormous improvement on the previously existing social system of feudalism, because it produced far greater wealth through the development of new technology (this is a key difference between Marxism and the earlier ‘utopian socialism’, which saw technology itself as an evil, and which his theories largely replaced).

    Marx also welcomed the fact that capitalism destroyed (as he saw it) some earlier forms of oppression (albeit while introducing new ones). Marx’s letter to Abraham Lincoln congratulating him on his re-election discusses the American Revolution and Civil War in precisely these terms.

    So, you can enjoy the greater (obviously not ‘infinite’!) abundance of goods that capitalism has produced, you can acknowledge its positive impact on technological development and its material improvements of the lives of millions of people and be not only a leftist but a fully orthodox Marxist… just so long as you also acknowledge that capitalism is also an exploitative and self-destructive force that should, can and must be defeated.

  • cuboc@lemmy.world
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    15 days ago

    Where are you from OP? Right-left is a spectrum. There is nuance. Where I live, polarization is a problem, due to some far right fuckers holding our politics hostage. Any nuance is immediately derided as being ‘far left’.

    There’s contexts for the left-right sperctrum, like social, economic or cultural. To throw in a few crude generalizations: social leftists are for a more equal society for the rich and poor alike with equal chances in terms of education, affordable housing and medical care. Cultural leftists are more open to foreign influences like migrants and niche cultural stuff and economic leftists lean toward a more honest economic structure with more government regulation on big corporations.

    So it is perfectly possible to be culturally / socially left-ish, but economic right-ish.

  • abbadon420@sh.itjust.works
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    15 days ago

    Yes, politics isn’t a binary system. It’s a spectrum. There’s multiple dimensions. For each of them you can have your own opinion. I dare say there are no two people with identical political profiles.

    Some dimensions are (source chatgpt):

    • Left / Right
    • Authoritarian / Libertarian
    • Progressive / Conservative
    • Globalist / Nationalist
    • Populist / Elitist
    • Revolutionary / Reformist
    • Environmental (Ecologist) / Industrial (Productivist)
    • Rationalist / Romantic