this post was submitted on 29 Feb 2024
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[–] [email protected] 163 points 1 year ago (1 children)

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.

[–] [email protected] 4 points 1 year ago

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.

[–] [email protected] 149 points 1 year ago (2 children)

No they don’t. They want socialism. Or democratic socialism.

[–] [email protected] 42 points 1 year ago (1 children)

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.

[–] [email protected] 24 points 1 year ago (8 children)

Social democracy isn't sexy enough of a word I suppose. It would be capitalism but with a safety net

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[–] [email protected] 38 points 1 year ago (1 children)

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.

[–] [email protected] 23 points 1 year ago

So, socialism.

[–] [email protected] 78 points 1 year ago (2 children)

"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.

[–] [email protected] 12 points 1 year ago

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.

[–] [email protected] 10 points 1 year ago

They could not possibly have more regressive framing - gross. What a sad attempt at sleight of hand.

[–] [email protected] 64 points 1 year ago (1 children)

The lack of safety net is a feature of late-stage capitalism, not a flaw.

[–] [email protected] 34 points 1 year ago (1 children)

It was also a feature of early stage capitalism. But instead of analysing features, it's better to orginize and fight for political change

[–] [email protected] 15 points 1 year ago (1 children)

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.

[–] [email protected] 9 points 1 year ago (1 children)

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.

[–] [email protected] 52 points 1 year ago (1 children)

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

[–] [email protected] 5 points 1 year ago (1 children)

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...

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[–] [email protected] 51 points 1 year ago* (last edited 1 year ago) (5 children)

Ain't no one getting excited about any kind of capitalism any more 🤮🤢

[–] [email protected] 14 points 1 year ago (1 children)

Except those that profit by it ... and that group will shrink as the middle class is torn apart.

[–] [email protected] 16 points 1 year ago (4 children)

The middle class is gone friend. For 99% of America two educated working full-time adults don't earn the same purchasing power as one of their grandfather's.

Anyone who insists that there's a middle class is delusional

Any home owner is delusional if they think their home ownership would survive a single cancer diagnosis.

The system is designed to ensure that you'll lose everything by the end, no matter what. The only peaceful resistance we have left is to refuse to breed, denying them more chattal.

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[–] [email protected] 10 points 1 year ago (2 children)

We dont have capitalism, we have some corporate-government oligarchy where we keep giving them more power for some reason. They let us yell about a couple little things while they keep circulating the power by taking our rights.

[–] [email protected] 9 points 1 year ago (2 children)

Well, what you describe as not capitalism actually is capitalism...

[–] [email protected] 6 points 1 year ago

Theoretically, in the sort of free-market capitalism conservatives claim to espouse, the endless handouts and tax breaks to corporations would not happen.

Part of the issue is that people like them think that the government is a business and should compete like any other business, but that is not part of a free-market capitalist system as they supposedly envision.

Not that I agree with any of it, I'm a socialist. But, unlike them, not a socialist for corporations.

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[–] [email protected] 7 points 1 year ago (21 children)
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[–] [email protected] 8 points 1 year ago

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.

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[–] [email protected] 44 points 1 year ago (3 children)

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

[–] [email protected] 18 points 1 year ago* (last edited 1 year ago)

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

[–] [email protected] 12 points 1 year ago

those other words have been coopted by the right so i get it

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[–] [email protected] 43 points 1 year ago (1 children)

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.

[–] [email protected] 54 points 1 year ago (2 children)
[–] [email protected] 17 points 1 year ago (1 children)

Workers rights were earned in blood. Not a lot of people know that.

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[–] [email protected] 37 points 1 year ago (1 children)

The latest iteration of the same "younger people more left wing" article newspapers have been writing for 60 years.

[–] [email protected] 35 points 1 year ago (3 children)

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.

[–] [email protected] 15 points 1 year ago

The old will be dragged kicking and screaming into progress, as usual.

[–] [email protected] 13 points 1 year ago

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.

[–] [email protected] 5 points 1 year ago (1 children)

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.

[–] [email protected] 10 points 1 year ago* (last edited 1 year ago)

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.

cycle

[–] [email protected] 30 points 1 year ago

This already has a name: a welfare state or socialism. No need to pull made up terms out of your ass.

[–] [email protected] 27 points 1 year ago

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"

[–] [email protected] 27 points 1 year ago* (last edited 1 year ago)

Who comes up with these words? Boomers inventing their own propaganda

[–] [email protected] 15 points 1 year ago

current social safety net is broken

To shreds, you say?

[–] [email protected] 11 points 1 year ago

This is the stupidest article I've ever read.

[–] [email protected] 7 points 1 year ago (1 children)

My brain says this is related to Safety Dance, and I don't dance.

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (3 children)

I'm here to let you know that you can dance if you want to.

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