@paninid I'm certainly not against regulating capital, but I see it as a stop-gap measure. Capital resists any restraints on its accumulation, because the rich always want to get richer. That means there's a sort of arms race between capitalists and regulators.
The best way to bring capital under control is not regulation, but worker ownership of the means of production. Put all decisions about capital in the hands of labor. I don't mean nationalization, I mean worker co-ops.
@msbellows@jhooper@paninid This is 100% correct. Markets have been identifiable in the archaeological record going back 6000 years, and are probably far old than that. Capitalism is 300-ish years old.
I also agree that farmers' markets is how we should think of markets. There are many buyers and many sellers, which is how supply and demand find an equilibrium. It's neither a buyer's market nor a seller's market. Additionally, farmers' markets have the fewest food miles and a minimum of packaging.
As an anticapitalist, I feel right at home with markets, at least when they approach Smith's standards for perfect competition.
For copious amounts of information on this, consult with @KevinCarson1.
@cwebber "Some believe it is only great power that can hold evil in check. But that is not what I have found. It is the small everyday deeds of ordinary folk that keep the darkness at bay. Small acts of kindness and love."
@cwebber The reason I voted the way I did is that my top issue with AI is that we already don't do anywhere near enough critical thinking, and AI is a way to do even less. And if we outsource our thinking, we'll never do a good job addressing the other issues that AI has.
@cwebber On the one hand, I think the same thing. On the other hand, I've been thinking it for a long time. Trump rebounds from fatal accidents like Wile E. Coyote.
@violetmadder If you're an above-average writer, AI will pull your quality down. If you're a below-average writer, AI will pull your quality up, but in doing so, will create unrealistic expectations about you. And that's before we get to the flagrant inaccuracies.
@Gargron As someone who translates into English, I appreciate you saying this.
It's true there's a lot of very good literature in English, but I'm pretty convinced that the majority of anglophones don't know what they're missing by not reading translated books.
@steter We're unprepared to deal with something of this magnitude, and we're unwilling to jail an ex-President, like the Koreans or the Brazilians, or to hold a general strike, like the French or the Georgians.
@jenniferplusplus@hosford42@Alsy@Doomed_Daniel@ireneista Incorporation laws vary by state. Some are very friendly to co-ops (Wisconsin, Colorado, Illinois, and a couple more), and most are not. However, you can incorporate in a state you don't live or work in. It's pretty rare, but it can happen.