this post was submitted on 01 Jan 2026
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[–] AA5B@lemmy.world 0 points 8 hours ago (1 children)

Well I’m a lot more conservative but usually call myself progressive. I don’t blame corps or ceos, nor do I think large scale workers owning the means of production can work. It’s all a failure to regulate the markets, and a failure of tax policy

It wouldn’t take many changes to

  • restore a progressive tax ladder
  • reduce income inequality
  • add worker protections
  • mandate healthcare one away or another

Capitalism can be a useful function if the market is regulated for the good of the people. Power dynamics can be ok if there are protections against abuses. Wealth inequality can be a good force to drive capitalism if the excesses are moderated. But things like education and healthcare should be a right afforded to all citizens

You need an Elon musk to make Tesla happen, but that would still be true if he were limited to say ten times the income of his lowest paid employee, rather than 1,000,000 times whatever he’s at now.

You need a responsible government to guide the market toward long terms good that capitalism can’t handle.

You need a strong enough government to protect employees and consumers from corporate exploitation, and to prevent corporate ownership

And somehow we need to restore the effectiveness’s of the balance of powers we believed in for the last two centuries

[–] RidderSport@feddit.org 3 points 2 hours ago

Yeah that's just democratic socialism or as it was coined in post Ww2 Germany: "market socialism"