Fabio Manganiello on Nostr: Vyram Kraven capitalism doesn’t necessarily have to get to the extremes where all ...

Vyram Kraven (npub1k06…zyu9) capitalism doesn’t necessarily have to get to the extremes where all basic necessities are privatized and prices free to fluctuate up to a point where basic needs become a luxury for increasingly large segments of the population.

I mean, sure that’s the natural outcome when you let capitalism free of mutating until it devours everything around it, but it doesn’t have to be like that. And I’d argue that it wasn’t like that in Europe until the past decade or so.

In the Netherlands at least it’s been since Rutte and his ultraliberal gang that checks and balances, public participation in the economy and safety nets have been gradually eroded to a point where I see late capitalism issues here (public infrastructure falling apart, rampant homelessness, families that can’t afford to pay for public transport, food, healthcare or childcare etc.) that were completely alien to me as a European until a few years ago, and I had only seen in the States before.