General Discussion
In reply to the discussion: The difference between a leftist and a liberal view of Trump....... [View all]JHan
(10,173 posts)If you don't accept far leftist definitions of capitalism, you're a shill.
I agree with you that it's the flip side of the big government argument: two sides of the same coin.
Absent is any recognition that markets have created abundance.
All you get is a very general view that capitalism "fails". Instead of acknowledging the benefits of markets facilitated by capitalism, and how Government has a role in capturing externalities, restricting monopolies/consolidation and monopsonies, and preventing degradation of the commons, you get an extreme view of capitalism easily swatted away by those who would do away with any collectivist approach to governance like redistributive/progressive taxation or regulatory reform which would effectively suppress the influence of the Barons.
There's this adherence to the utopian idea of a flat power structure which bears no semblance to reality since there will always be hierarchies, the key is creating a flatter power structure - a more fair power structure. Blowing up the system only allows for new forms of exploitation: because it's all about power. This is in our DNA.
It's not Democrats who want tax cuts, it's not Democrats who want to remove the social safety net, not Democrats who want to get rid of public education, or deport immigrants, or remove health benefits, or drop the minimum wage.
But, in some ways I get the appeal of it all, holding onto fringe views can be a source of comfort in uncertain times.