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   casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Tuesday, 20-Jun-2023 14:26:17 JST casey is remote

   Why capitalism is bad and socialism is good:

   capitalism is when no sharing. socialism is when sharing.

   • Embed this notice
     mk (mk@mastodon.satoshishop.de)'s status on Tuesday, 20-Jun-2023 14:26:08 JST mk

     in reply to

     • Adamosophy

     @realcaseyrollins @adamosophy

     what is #freemarket #capitalism?
     #economic action to be #coordinated in a #decentralized manner via #price-forming #markets.

     1. #COMPANIES are making a bet with their #investments.

     2. #customers decide which products / services they want to buy.

     3. only the companies that make the most #money will #survive.

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     casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Tuesday, 20-Jun-2023 14:26:09 JST casey is remote

     in reply to

     • Adamosophy

     @adamosophy When it comes to the extreme/pure forms of both, certainly

     The post was a bit of a parody btw; I'm mocking the socialists' talking points here

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     Adamosophy (adamosophy@kcl.academy)'s status on Tuesday, 20-Jun-2023 14:26:16 JST Adamosophy

     in reply to

     @realcaseyrollins you might be over generalizing a little in this case. The real difference between capitalism and socialism, is that capitalism is when the government neglects you to find your own way, and socialism is when the government doesn't trust you to find your own way.

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     mk (mk@mastodon.satoshishop.de)'s status on Tuesday, 20-Jun-2023 14:26:33 JST mk

     in reply to

     • Adamosophy

     @realcaseyrollins @adamosophy

     what is #socialism?
     #economic action to be #coordinated in a #centralized manner via a #centralplanner.

     1. central planner collects money from industries and customers

     2. central planner makes a bet with other peoples money

     3. central planner decides which company wins by distributing funds

     capitalism is better than #socialism, because the many #companies with actual skin in the game will always make better #investment decisions than the central planner.

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     mk (mk@mastodon.satoshishop.de)'s status on Tuesday, 20-Jun-2023 14:49:07 JST mk

     in reply to

     • Adamosophy

     @adamosophy @realcaseyrollins

     "a flattened P2P economy can produce by allowing every consumer to also be provider"

     ---

     create your own bitcoin bank in less than 15min (time subtracted for downloading, extracting and syncing the bitcoin mainnet)

     https://mastodon.satoshishop.de/@mk/109808309617912905

     ---

     create your own bitcoin based #webshop in less than 30min.

     https://mastodon.satoshishop.de/@mk/109639113122019880

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     Adamosophy (adamosophy@kcl.academy)'s status on Tuesday, 20-Jun-2023 14:49:08 JST Adamosophy

     in reply to

     • mk

     @mk @realcaseyrollins
     ...Today's globalized landscape demands a 100% decentralized totalitarian, all inclusive oligarchy that only a flattened P2P economy can produce by allowing every consumer to also be provider and for economic communities to form and collapse ephemerally, on demand... An Exonomy.

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     Adamosophy (adamosophy@kcl.academy)'s status on Tuesday, 20-Jun-2023 14:49:09 JST Adamosophy

     in reply to

     • mk

     @mk @realcaseyrollins
     Aristotle already handled this in book 2 of his Politics. He prescribed a socialisés economic nobility that resembles an oligarchy because, on the one hand, only stakeholders can be trusted to care for the commons but, on the other, asocial privatism is predatory.

     The problem with Aristotle is that he was prescribing a solution for the scale of a city state and not a global scale internet based market such as we have today...

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     fu (fu@libranet.de)'s status on Tuesday, 20-Jun-2023 23:42:52 JST fu

     in reply to

     • mk
     • Adamosophy
     @mk @adamosophy @realcaseyrollins what you are referring to as socialism is what I would describe as state capitalism.
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     fu (fu@libranet.de)'s status on Tuesday, 20-Jun-2023 23:46:42 JST fu

     in reply to

     • mk
     • Adamosophy

     @mk @adamosophy @realcaseyrollins when most leftists speak of capitalism they are referring to control of society by those with large amounts of capital, while socialism refers to direct ownership of the means of production by the workers, often socialism is assumed to include the abolition of wages, and possibly money as a whole.

     However, when speaking of worker ownship of the means of production, that certainly can be down in a decentralized manner (i.e. the workers who own FIAT contributing their products to the workers'market, while the workers that own GM can create their own and see what happens to be preferred, and listen to price signals to consider future production. 100 years ago socialists where pretty evenly split between centralizers versus de-centralizers, while today most folks who call themselves socialists are centralizers, there are those of us, like most libertarian socialist, who would say otherwise.

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     fu (fu@libranet.de)'s status on Tuesday, 20-Jun-2023 23:49:00 JST fu

     in reply to

     • mk
     • Adamosophy

     @realcaseyrollins @mk @adamosophy LOL! The USSR, for example, was very clear that their economy was state capitalism, some revoultunaires felt that the economy woudl need to go through a stage of state capitalism in order to arrive at socialism. Eventually the authoritarians made it clear that once they had power, they had no intention of ever giving it up, little different from the Czars of old.

     What would you refer to as state capitalism?

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     casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Tuesday, 20-Jun-2023 23:49:01 JST casey is remote

     in reply to

     • fu
     • mk
     • Adamosophy

     @fu @mk @adamosophy That's fine. You would be wrong though.

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     fu (fu@libranet.de)'s status on Tuesday, 20-Jun-2023 23:56:00 JST fu

     in reply to

     • mk
     • Adamosophy
     @realcaseyrollins @mk @adamosophy corporatism is something completely different. "Corporatism is a collectivist political ideology which advocates the organization of society by corporate groups, such as agricultural, labor, military, business, scientific, or guild associations, on the basis of their common interests." en.wikipedia.org/wiki/Corporat…
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     casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Tuesday, 20-Jun-2023 23:56:01 JST casey is remote

     in reply to

     • fu
     • mk
     • Adamosophy

     @fu @mk @adamosophy State capitalism, as you describe it, seems to be more broadly known as corporatism, crony capitalism, or late-stage capitalism. On my end I don't even use the term state capitalism, and know few others who do.

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     fu (fu@libranet.de)'s status on Wednesday, 21-Jun-2023 01:58:38 JST fu

     in reply to

     • Curtis Rock, SkD
     @curtis @realcaseyrollins as a libertarian socialist I would disagree with this 100%. In fact, I'd say that whilst the state exists it will be impossible for the workers to ever truly own the means of production. Conversley, capitalism as we know it today would not exist if not for government protections such as limited liability.
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     Curtis Rock, SkD (curtis@social.teci.world)'s status on Wednesday, 21-Jun-2023 01:58:39 JST Curtis Rock, SkD

     in reply to

     @realcaseyrollins Capitalism is not dependent on the state, while socialism is

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     fu (fu@libranet.de)'s status on Wednesday, 21-Jun-2023 01:58:48 JST fu

     in reply to

     • Curtis Rock, SkD
     @curtis @realcaseyrollins I suspect you are getting capitalism confused with a freed market. Its an honest mistake that American capitalists have fought hard to make sure American school children make.
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     Curtis Rock, SkD (curtis@social.teci.world)'s status on Wednesday, 21-Jun-2023 01:58:49 JST Curtis Rock, SkD

     in reply to

     • fu

     @fu @realcaseyrollins Thank you for the feedback. I will modify the statement:

     Capitalism, in its purest form, is not dependent on the state, while socialism is

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     fu (fu@libranet.de)'s status on Wednesday, 21-Jun-2023 01:58:50 JST fu

     in reply to

     • Curtis Rock, SkD
     @realcaseyrollins @curtis a market that is freed of the control of government, or others' initiating force.
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     casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Wednesday, 21-Jun-2023 01:58:51 JST casey is remote

     in reply to

     • fu
     • Curtis Rock, SkD

     @fu @curtis What the heck is a freed market lol

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     mk (mk@mastodon.satoshishop.de)'s status on Wednesday, 21-Jun-2023 02:03:57 JST mk

     in reply to

     • Curtis Rock, SkD
     • Adamosophy

     @curtis

     i like mine better.

     a big part of #freemarket #capitalism is #companies actually going broke.

     this is part of the game to get the most #resource effective companies.

     if you're able to make a better AND cheaper product (all else equal), you should win against your competition in a free market.

     "only" + "most money" is a very easy way to say that.

     @adamosophy @realcaseyrollins

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     Curtis Rock, SkD (curtis@social.teci.world)'s status on Wednesday, 21-Jun-2023 02:03:58 JST Curtis Rock, SkD

     in reply to

     • mk
     • Adamosophy

     @mk @realcaseyrollins @adamosophy On item 3, it should be: all companies that make a profit will survive

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     casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Wednesday, 21-Jun-2023 12:44:34 JST casey is remote

     in reply to

     • fu
     • mk
     • Adamosophy

     @fu @mk @adamosophy I do agree that traditional socialism and libertarian socialism are completely different; traditional socialism mandates specific behavior, and as I understand it, libertarian socialism relies on the workers/citizens to implement that system themselves

     fu likes this.
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     casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Wednesday, 21-Jun-2023 12:46:21 JST casey is remote

     in reply to

     • fu
     • Curtis Rock, SkD

     @fu @curtis Why didn't you just say libertarian/anarcho capitalism then

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     fu (fu@libranet.de)'s status on Wednesday, 21-Jun-2023 12:46:21 JST fu

     in reply to

     • Curtis Rock, SkD
     @realcaseyrollins @curtis because anarcho-capitalism is an oxymoron. anarchism has s
     Always been anti-capitalist.
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     fu (fu@libranet.de)'s status on Thursday, 22-Jun-2023 09:56:31 JST fu

     in reply to

     • Curtis Rock, SkD
     @realcaseyrollins @curtis you might want to read up on the history of anarchism. Heck Rothbard himself used to laugh about how they stole the words libertarian and anarchist from the left.
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     casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Thursday, 22-Jun-2023 09:56:32 JST casey is remote

     in reply to

     • fu
     • Curtis Rock, SkD

     @fu @curtis ...are you being serious now? Anarcho capitalism is only about as oxymoronic as anarcho communism or anarcho socialism lol

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     fu (fu@libranet.de)'s status on Saturday, 14-Oct-2023 04:36:41 JST fu

     in reply to
     @realcaseyrollins I love that this old-add ass thread keeps showing up in my notifications 😉
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     fu (fu@libranet.de)'s status on Saturday, 14-Oct-2023 04:37:48 JST fu

     in reply to

     • Curtis Rock, SkD
     @curtis @realcaseyrollins there are multiple forms of socialism, and not all of them required "forced sharing" From my perspective socialism, as in worker ownership of the means of production, has not failed, but government "managment" of it has. Governments don't work.
   • Embed this notice
     Curtis Rock, SkD (curtis@social.teci.world)'s status on Saturday, 14-Oct-2023 04:37:49 JST Curtis Rock, SkD

     in reply to

     @realcaseyrollins Examine the difference between voluntary sharing and forced sharing, then run that model out over time

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     casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Saturday, 14-Oct-2023 04:43:28 JST casey is remote

     in reply to

     • Moffin'tosh
     • Adamosophy

     @moffintosh @adamosophy Don't blame me for the poor reading comprehension skills of socialists lol

     ✙ dcc :pedomustdie: :phear_slackware: likes this.
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     Moffin'tosh (moffintosh@berserker.town)'s status on Saturday, 14-Oct-2023 04:43:30 JST Moffin'tosh

     in reply to

     • Adamosophy

     @realcaseyrollins @adamosophy Doing a pretty bad job at it then

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     casey is remote (realcaseyrollins@social.freetalklive.com)'s status on Saturday, 14-Oct-2023 05:40:17 JST casey is remote

     in reply to

     • fu

     @fu Me too 😂

     fu likes this.