The state of the Industry and Capitalism

[Mnementh]

EricHiggin said:

Mnementh said:

Reform capitalism. That's the only thing that *can* be done about it. As long as their is put value behind a number going up things will keep happening. It's not even if that number is even meaningful. After a certain point of richness more money is not bringing you more happiness or anything valuable. While at the same time even a little money does a lot if you are poor. Companies optimizing profits (and therefore leaving more and more people in the dust) ends up with more people in bad circumstance and the few winners don't even really enjoying their winnings. We have to stop this fucking rat race, it is ruining our health, the environment, our happiness and most importantly: our future as human civilization. This here is the last years of the roman empire. We will have to change or our civilization will crumble.

I'd say a better formula is needed to figure out when a company has gotten too big and needs to be capped or split. Once a company get's to a certain size, it's no longer about profits for living, it's simply about longevity and power. Buy up the competition so nobody can legitimately compete in your sector, and use your wealth and power to control as many other sectors as possible. Including politics.

This typically leads to a god complex where the leaders of these corporations decide to take it upon themselves to reshape things the way they see fit, good or bad, but most of the time it turns out bad. This is why it's better off to keep companies smaller than larger and to keep sectors as competitive as possible.

The problem starts with politics. Corps and Gov should be kept separate period, other than in the worst case scenario's like a pandemic where people are dropping like flies, or world war. As long as politicians can be bought off one way or another, this problem will continue and get worse. There also needs to be a cap where corporations can only grow so large. Either cap them or make them split so they can grow again if they wish.

Yeah, I agree. What you say basically leads to some form of reform. And yes, corporations and politics should be separate (like also religion and politics).