• Cowbee [he/they]@lemmy.ml
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    5 days ago

    Capitalism cannot work even if its regulated and people taxed higher, it cannot outpace the tendency for the rate of profit to fall, and this tendency forces companies to raise absolute profits through centralization and international hyper-exploitation, both of which have limits. Furthermore, that’s still Capitalism, as Capital is still superior to Humanity, rather than the reverse.