this post was submitted on 08 Dec 2024
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Mildly Interesting

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[–] classic@fedia.io 6 points 2 weeks ago (4 children)

wtf do we call our society, anyhow? Just "capitalist"? Is that still the term?

[–] tinyVoltron@lemmy.world 10 points 2 weeks ago (2 children)
[–] classic@fedia.io 2 points 2 weeks ago (1 children)

You know, I probably agree. We've, at the least, been headed in that direction. And, are likely about to plunge all the way in, a month from now

I looked up oligarchy on Wikipedia out of curiosity. Although it's debated, the U.S. is listed as an example of one

[–] Buffalox@lemmy.world 5 points 2 weeks ago* (last edited 2 weeks ago)

I would have agreed on the "probably" until Musk basically bought his way into max corruption with a seat right next to the president.
Those 40 billion he has practically lost on Xitter, will most likely be gained already within the first year.
There is no doubt IMO that USA is now de-facto an oligarchy.

[–] djsoren19@yiffit.net 1 points 2 weeks ago

We were an oligarchy.

With the new administration, it would be more apt to call the US a plutocracy.

[–] HK65@sopuli.xyz 4 points 2 weeks ago

Corporate dictatorship?

[–] Buffalox@lemmy.world 3 points 2 weeks ago (1 children)

Apart from also being an oligarchy, yes it is capitalist.
But here (Denmark) we would technically call it SUPER capitalist.
Because Denmark is also capitalist, but like the rest of EU, we balance capitalism with general interests of society. Where USA favor capitalism way more.

[–] prole@lemmy.blahaj.zone 3 points 2 weeks ago* (last edited 2 weeks ago)

No, it's not super, it's just capitalism. What you are describing in Denmark is a "mixed economy".