Reply #16: Capitalism is fundimentally flawed

[Odin2005]

The only reason everyone is saying "It's not Capitalism, it's unregulated capitalis" is people in the US are brainwashed from birth to see any alternative to capitalism as being bad.

Capitalism is fundimentally based on the Corporation, people who say Capitalism is free markets and liberty are corporatist ideologues or are brainwashed by them. The sole purpose of the corporation is to maximise profit for it's shareholders, EVERYTHING else be damned. Because of how corporations work the needs of society and of the average worker are subordinated to the needs of a few rich people who own most of the shares in the corporations. The natural end result is Fascism, where the corporate elite rule a quasi-command economy run for thier benefit.

To replace this flawed system we must give control over the economy to the employees. This is where Communism failed, it centralized control over the economy so much that power fell under the control of a small elite that acted like the Fascist corporate elite. Instead we must have a market economy in the hands of co-ops and local communities, what is called Market Socialism.