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girlfreddy OP ,
@girlfreddy@lemmy.ca avatar

This is why I’m a critic of capitalism, and why I want to move toward something that could be called socialism (although, not necessarily a Marxist or Marxist-Leninist conception of socialism).

Other nations like Canada, the UK and Australia operate under a social democracy, where the gov’t “seeks to reform capitalism through policies such as progressive taxation, universal healthcare, and workers’ rights, while still maintaining a market economy.” Source

While our issues (in Canada) can sometimes mirror that of America, we have programs like universal healthcare that blunt capitalism’s brute force.

That said we still face the encroachment of neo-liberalist ideologies that have warped our social structure into something more like what America is, ie: far too many former public institutions have been privatized (which happened after Reagan/Thatcher’s trickle down economic force had its way).

Imo we’re gonna need a big bonfire to move the needle back to a social-based structure, if for no other reason than the rich will absolutely stonewall any regulation or limitation on their wealth-hoarding.

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