Christina Elson, the executive director of the Center for the Study of Capitalism at Wake Forest University, told Business Insider that many young people had embraced an idea she calls “safety capitalism.”
Ah yes, the executive director for the center for the study of capitalism says young folks want capitalism.
Come the fuck on.
Oh yeah. That sounds like exactly the person who would come up with a stupid fucking buzzword to get an article written they can use to show they understand capitalism extra well.
No they don’t. They want socialism. Or democratic socialism.
The fuck is safety capitalism? Is it just some bullshit word for people who don’t want to say socialism? Fuck, if that’s what it takes for people to accept socialism then they can call it whatever the fuck they want.
Social democracy isn’t sexy enough of a word I suppose. It would be capitalism but with a safety net
Also, it didn’t work out so well
Out of all countries, social democratic Nordic countries are probably doing the best. Pretty good going imo.
also looking at those countries we can see it isn’t a permanent fix though. Capitalists don’t stop fighting and will be successful in the long run
I mean that’s going to be the same for every country and every solution.
I’m not saying the work is done or that Nordic countries are anywhere near perfect or anything. Just that considering how others are doing, social democracy at least in the Nordic countries has done really well imo.
True
How much of their wealth is colonial wealth brought back by their ancestors?
Very little? None of them have been big colonial countries (Denmark was the biggest and they were a pretty small player) and Finland was itself a colonized country. Not sure if Iceland counts as a colonized country since I don’t think there lived anyone there beforehand.
Hm, Africa, the Caribbean, Indochina, all bloodily plundered by, lessee here… ah yes, the people of the Nordic countries
[yes I know nobody is innocent and the Sami would have some words but come the fuck on now]
Or just basic equality … more specifically WEALTH EQUALITY
to remove the power of the wealthy to get even more wealthy by exploiting everyone faster
And to give more power to those with little or no money and give them a chance to gain a bit of wealth.
Honestly if we just created a civilization where we spread the money around a little more equally, we’d have less psychopaths controlling the world and more people wanting to cooperate in making things better.
It wouldn’t create a utopia because we’re too complicated to be happy with one another but it would make our situation more tolerable and manageable.
So, socialism.
Or anarchism or communism.
Anarchism has too many forms and communism doesn’t work on a large scale (greed and corruption are too easy).
I’m not saying capitalism is working!!
Communism, as in community driven government, has never existed.
Lol yes it has, we just know the end results. Stop acting like communism hasn’t been tried.
I see you don’t know what communism is. Sad.
I see you tankies don’t know what it is at all. My family has lived through that shit, so you can kindly go fuck yourself. Bad capitalism is 1000xs better than anything communism can spit out.
Socialism exists only as a stepping stone to the end goal of anarchism/communism.
If you don’t believe those work, there is no point in advocating for socialism.
I disagree with you entirely.
Okay.
But you do realise the Soviet Union was socialist right? We kinda need to move away from the state based control model.
To what?
An anarchist/communist based society.
We see time and time again what happens when you give all the power to a small subset of society.
“You hear about ‘billionaires should be outlawed’ — that really isn’t the issue,” Elson previously told BI regarding Gen Zers’ concerns. “The issue is the bottom. What is the appropriate bottom living standard for an American citizen, and what role should the government have in ensuring that people don’t fall below that?”
Yes, this sad situation over here has absolutely nothing to do with sociopathic pursuit of a high score in our totally unflawed economic system.
What is the appropriate bottom living standard for an American citizen, and what role should the government have in ensuring that people don’t fall below that?"
Wow. She really said those words. Like with a straight face.
Absolutely knew she was going to get quoted and then said these words.
The lack of safety net is a feature of late-stage capitalism, not a flaw.
It was also a feature of early stage capitalism. But instead of analysing features, it’s better to orginize and fight for political change
Exactly, but my point is their view isn’t big enough, it’s the entire system that facilitates this to be the case. We need political change on a foundational level, like getting rid of 2 senators per state and the electoral college.
I agree with you in principle, but honestly, if we can get countries like the U.S. in the same position as Scandinavia in terms of a social safety net, that would be such a vast improvement over the status quo and it would be far easier to achieve.
Yep, I don’t understand this. Do people really think the euro countries aren’t built upon capitalism?
Lol “safety capitalism” the editors wouldn’t even let them say socialist. Just the state of the world in 2024 -fight harder, people. I personally can’t handle what this shit does to my blood pressure anymore
I think it’s a smart move actually. The right is really good at turning a good word/description into “pure evil.” They killed socialism so keep the dynamics and change the name.
It’s like the morons that were asked if they liked Obamacare and if they liked the affordable care act. It’s the same thing but people said they hate Obamacare but liked the affordable care act… Right wing brainwashing at its finest…
I feel like that’s the reason I tend to preach anarchism over communism in general and don’t doubt you’re right about the statistics and propaganda playing into perception but I can’t help but feel like here that comes off as rehabilating the image of capitalism. We can make a softer bed of knives or make one out of foam- I know which one I’m choosing
Ain’t no one getting excited about any kind of capitalism any more 🤮🤢
You made me look! It looks like the younger demographics (under 30) were about evenly split on favorable/disfavorable views of both capitalism and socialism in 2022. Pew Research Link
It skews more toward capitalism for each older age bracket, which makes intuitive sense. Regardless, some interesting stats in there.
That’s because all the Communist nations keep failing, and there’s only a couple left that haven’t already switched to Capitalism.
Which one of these haven’t been sabotaged with by a US coup? And let’s not pretend there are no failed capitalist countries either
safety capitalism has to be the most absurd stand in for socialism or welfare I’ve ever heard lmao
Really reaching new levels of copium
Who the hell cares, so long as it leads to some fundamental changes
If it is adopted we can refer to it as babby’s first socialism, right before the c-suites are rightfully purged and execs replaced with the workers on the floor
those other words have been coopted by the right so i get it
I wouldnt say stand in for socialism unless they’re talking about socilism. It sounds like they’re talking about capitalism with social benefits.
I dunno. I like the one where the workers vote for who the boss at the factory is and then they all take home a share of the profits.
Workers rights were earned in blood. Not a lot of people know that.
By design
More like return2breakingdownthefactoryowner’sdoorandbeatinghimtodeathinfrontofhisfamily, right? Woof that’s a mouthful, maybe not. But still,
The latest iteration of the same “younger people more left wing” article newspapers have been writing for 60 years.
Except that that is slowly no longer being the case.
Millennials where promised we get more conservative over time and for many the opposite appears true. Even gen x is in many ways already more left wing then the boomers.
To me it appears as the boomer generation was fed so much propaganda after the war it became ingrained in society, it took a few generations to finally get it out our system but it is starting to happen. The kids will be alright.
I’ve thought a lot about it these past several years and I agree with you. Boomers were so propandized before there were any protections that they had no choice but to be narcissistic and materialistic.
that is slowly no longer being the case
Proceeds to agree with the comment that young people are more left
Did you accidentally a word there? Cuz you agree with the guy you’re responding to.
The comment above indicated that this is the same old story as it always been. It had a reminiscent of the myth that you become more conservative with age. The way i see it, this is not the case, times are changing and in many ways they are already different.
So yes i agree that in effect young people are more left but it has nothing to do with biological age. The next generation after z may have a serious chance of being free from the cycle, being about as left as their parents.
I think a more fair statement then “the young are more Left” would be “postwar propaganda made people anti-left witch became part of intergenerational trauma.” This is evidenced by how the word socialism can already trigger people into becoming upset, that is not normal.
This already has a name: a welfare state or socialism. No need to pull made up terms out of your ass.
Who comes up with these words? Boomers inventing their own propaganda
I’m fully on board with calling it “safety capitalism” or even “jesus reckoning savior economics” if i get what I want. at this point most of America just tunes out “socialism”
current social safety net is broken
To shreds, you say?
This is the stupidest article I’ve ever read.
My brain says this is related to Safety Dance, and I don’t dance.
