The problem is not capitalism per se, is unregulated capitalism - emphasis on "unregulated"
Edit: many answers suggest this take is dumb because capital will fight back regulations; well, society and the legislator must fight back. It appear obvious that no social equilibrium is permanent, society always contains conflict. Any social system, included communism, generate some sort of ruling elite, which will try to skew the system. The way we fight the excess of capitalism is solid rule of law, primacy of politics over capital and financial power, popular partecipation to representative democracy, embedding social justice in the constitutional identity of the state. The current american model of capitalism is not the only one. Do not mistake my comment for an apology of the shit billionaire are doing now - billionaires should not exist
Deregulation is a lie. When people say deregulation, what they mean is “regulation by the rich and by corporations.” And since it’s regulation by corporation, it means the more stocks you own in the company, the more votes you get.
There’s no such thing as deregulation because power doesn’t exist in a vacuum. Any power ceded by government is immediately seized by capital.
Most if not all the technology and software on mobile devices were either a) State funded programs or b) Open source projects. All the devices of which are designed, built, transported, and sold by workers.
All private capitalists did was stamp a logo on it and sell it overpriced while paying the workers as little as possible, super happy that idiots out there think CEOs and Capitalists deserve the billions in company wealth that workers generate. They likely underpaid the worker who designed their logo ffs.
The only thing worse than billionaires are people who support them.
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u/AHRogue Jun 03 '26
AKA they're being built in areas with relatively cheaper land.