this post was submitted on 17 May 2024
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Capitalism doesn’t care about humanity, only profits. Any safeguards self imposed will always fall to profitability in a capitalist system. It’s why regulations and a government people trust are important.
But, according to Das Kapital (and the last two centuries) capitalists will always capture the government and regulators, neutering their ability to fulfill their role. Greed and the susceptibility to corruption will always drive the system to where it is today, in which only revolution will free us from the established system.
But even then, civil war rarely heralds a communist revolution, but usually a run of dictatorships, each overthrown by the next. We have to get very lucky or be tired of fighting before we can install a public serving state. And we haven't yet tried pre-writing and publishing the new constitution.