> You act like a full scale revolution is the only solution and that this would somehow redistribute wealth.
Where did that come from? I didn't read that in the above comment.
Unless you have this idea that to get to socialism one has to undergo a bloody revolution? Nope. One just have to set up taxes properly and pump up public services.
I inferred it from previous similar discussions about "late stage capitalism".
"Late stage" implies people think we should get rid of capitalism soon. I don't see that happening. I don't want full-on communism / socialism , as it's been demonstrated to be a failed incentive for countries to both grow innovation and to defend themselves against the far-right-leaning societies in the world.
Maybe once we're all connected and communicating more effectively, we can stop building armies. I don't think we're there yet.
Well, if you'll allow me this oversimplification, this is a spectrum. There are degrees of capitalism and socialism, and which you call which largely depends on your upbringing.
For instance, many US citizens here in HN would say France is a Socialist country. But we're neither a command economy nor a dictatorship (yet). We just put more money in public services (most notably health care and education). Some countries redistribute even more, and they're still quite far from full blown communism.
I agree it is a spectrum and that we may have different perceptions of each other's positions on the spectrum. That can alter how we describe them.
"Late stage capitalism", to me, implies that someone feels that capitalism is about to, or should, collapse. Plus, he mentioned "buying into the dollar". I really don't know how you're supposed to avoid that. If you're born into some country, you use their money. Even "buying into bitcoin" benefits early adopters more than the later ones. There really is no escaping "working your way up". Even being born to a wealthy family doesn't guarantee happiness or success.
If you interpret "late stage capitalism" and the other comments differently, I'm happy to hear your perspective. Perhaps I have the wrong idea.
I still consider France to operate in a capitalist nature along with most of the rest of the world, it just has more elements of socialism baked in. I absolutely don't think of France as communist, lol, but I'm sure some Americans do.
Perhaps capitalism is a bad word in France. I don't know. It's simply a matter-of-fact, to me, that many humans require a monetary incentive to do the kinds of work we do today, and that this is best achieved by having voting rights and the freedom to profit from new businesses.
I think my issue with it, as that wiki article states, is that it's prophetic. Nobody knows how long this state will last, so, applying a time metric makes it unscientific.
> "Late stage capitalism", to me, implies that someone feels that capitalism is about to, or should, collapse.
Not necessarily. Cyberpunk (and there is evidence we are walking down that path), would be a pretty stable form of "late stage capitalism". Not one I'd want, though.
Where did that come from? I didn't read that in the above comment.
Unless you have this idea that to get to socialism one has to undergo a bloody revolution? Nope. One just have to set up taxes properly and pump up public services.