what you are describing is mainly driven by the stock market. ‘investors’ want to buy raw materials / shares / options / NFTs / whatever you can buy. preferably one day after that, they want to sell it for 100% profit. this causes things like CEOs, which jump into a company with the single goal of rising share prices for the 1-2 years, before jumping ship. not caring a bit about the longevity of the company.
to say capitalism will regulate itself is about as naive as saying that the comunist dictator will give you the things you need, while never taking more for himself and his friends.
that is why capitalism can work - embedded in a comunist state. no, not whatever china is doing. you need the pink glasses version of capitalism to drive innovation and competition. at the same time the pink glasses version of comunism to ensure social security and the freedom for creativity.
if i want to open a coffee shop in my neighborhood. but there are already two of those in the my small neighbourhood. communism sais the needs are already met, therefore i am not allowed. capitalism sais the market is already saturated, therefore noone gives me a loan. i like the freedom to do my own mistakes, so i choose the capitalist system and open the coffeeshop with my own money. to get people to actually come, i need to setve better coffee, cheaper coffee or offer something the other two don’t.
if i am a software developer and have that idea for an amazing FOSS project. A socialist state covers my base needs and i can work the whole day on the project. hopefully everyone can profit from that work in the future, free of charge.
so yes: business and politics need to be separated, just as church and politics where many years ago. but the idea stands: let capitalism be free. a business without any more growth but consistently paying the salaries of its employees and keeping up with the time is a good thing. but its oversight needs to be a socialist state: social security reliable and generally ensured healthcare. so noone falls between the cracks. go further: conditionless base income, so people can work on their passion. noone should earn more than x times his lowest paid employee (1:12 was a thing a while ago?).
the motivation of having more is still there: i want a good job / profitable business. but if you replace all your employees by AI, that is fine. Because your earnings skyrocketed you pay a good amount more towards welfare. some of the people you let go might even enjoy the time and finally work on their passion project.
what you are describing is mainly driven by the stock market. ‘investors’ want to buy raw materials / shares / options / NFTs / whatever you can buy. preferably one day after that, they want to sell it for 100% profit. this causes things like CEOs, which jump into a company with the single goal of rising share prices for the 1-2 years, before jumping ship. not caring a bit about the longevity of the company.
to say capitalism will regulate itself is about as naive as saying that the comunist dictator will give you the things you need, while never taking more for himself and his friends.
that is why capitalism can work - embedded in a comunist state. no, not whatever china is doing. you need the pink glasses version of capitalism to drive innovation and competition. at the same time the pink glasses version of comunism to ensure social security and the freedom for creativity.
if i want to open a coffee shop in my neighborhood. but there are already two of those in the my small neighbourhood. communism sais the needs are already met, therefore i am not allowed. capitalism sais the market is already saturated, therefore noone gives me a loan. i like the freedom to do my own mistakes, so i choose the capitalist system and open the coffeeshop with my own money. to get people to actually come, i need to setve better coffee, cheaper coffee or offer something the other two don’t.
if i am a software developer and have that idea for an amazing FOSS project. A socialist state covers my base needs and i can work the whole day on the project. hopefully everyone can profit from that work in the future, free of charge.
so yes: business and politics need to be separated, just as church and politics where many years ago. but the idea stands: let capitalism be free. a business without any more growth but consistently paying the salaries of its employees and keeping up with the time is a good thing. but its oversight needs to be a socialist state: social security reliable and generally ensured healthcare. so noone falls between the cracks. go further: conditionless base income, so people can work on their passion. noone should earn more than x times his lowest paid employee (1:12 was a thing a while ago?).
the motivation of having more is still there: i want a good job / profitable business. but if you replace all your employees by AI, that is fine. Because your earnings skyrocketed you pay a good amount more towards welfare. some of the people you let go might even enjoy the time and finally work on their passion project.