cryptoleft

I like pleasure spiked with blockchain and music is my aeroplane. It's my aeroplane. @pizzadao underboss & /politics contributor. Featured in "Number Go Up"

There's this weird strawman version of capitalism used by Marx that many still cling to, and which seems to have completely ruined any discussions around financial incentives.

For some reason it irritates me a lot when people argue about a word, but they have completely different definitions of the word 😅

"Greed" and "capitalism" are not synonymous. Capitalist mechanisms can (and should!) exist without greed as a primary driver. Marx was absolutely correct in calling out capitalism as being easily co-opted by the greedy, but when the word capitalism is used as a stand-in for the word greed, it really just makes the conversation more confusing and difficult.

The word "capitalism" is now broken and useless and IMO people should stop using it, unless they very explicitly define it first.

Greed, capitalism… whatever it is it must be smashed to prevent mass extinction, and I think a lot of socialist doctrines can offer us alternative production systems while we try not to sprint off a cliff