• drlecompte@discuss.tchncs.de
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    1 year ago

    Amazed that I had to scroll down this far to read this. Capitalism does not magically create a fair society through the creation of value (which seems to be what its proponents keep saying: investors generating economic activity and wealth). But similarly you could have a socialist economic system, with no real democracy. Which, as we’ve seen, devolves into a corrupt oligarchy. We’ve seemingly lost this perspective in the decades since WWII, but a solid representative parliamentary democracy and separation of powers are the best way to create and maintain a fair society. It requires some other conditions too, like good education, free press, etc. but the core is a system where power is distributed and temporary, depending on democratic processes (elections). This democratic legitimacy is what we should be defending at all costs, imho. It’s not sexy, though.