General Discussion
In reply to the discussion: 10 Reasons to Hate Capitalism [View all]Warpy
(114,616 posts)It's unrealistic in this time and place although there are a few hippie communes out there that now call themselves "cooperative living" that are still managing to cling to those ideals within the commune.
What works better is heavily regulated capitalism with socialist control over things like education, fire protection, police, health care, old age pensions, and the military. This list is not complete but it's a start.
I would prefer to see capitalism heavily regulated into economic justice for labor while people who invested all their lives would have that money work for them in retirement, earning dividends and interest. That's the good that comes out of the system, that and both innovation and quick response to customer demands. It has no place in running the commons, from the electrical grid to the water supply to what I listed above.
Capitalism is a great servant but the world's worst master.
This will not satisfy purists or idealists. I suggest the purists content themselves with speculative fiction and the idealists find a cooperative living situation that suits them.