Capitalism in its western form have some restrictions. Some ways of making profit accounted as crime.
- Killing competitor is a crime.
- Theft is a crime.
- Patent infringement is a crime.
- Insider trading is a crime. And so on.
So, capitalism could have restrictions.
What if there could be another capitalism, with another, slightly different set of restrictions?
Say,
- Killing competitor is a crime.
- Theft is a crime.
- Usury is a crime.
- Profiteering (all that stock games) is a crime.
- Intentional limiting of customer in a bought product usage (all that "planned obsolescence", "usage licenses" and "authorized service only") is a crime. with keeping all other freedoms of private business you could find in western capitalism.
Will it still be a capitalism? Do capitalism you defend should have usury and profiteering as essential part of it?
Just asking for a friend who think that western type of capitalism is doomed and sooner or later will be completely demolished by insane elites. So we will have to build new type of capitalism, that have no vulnerabilites that allow creation and existence of elites. :)
What rules and restrictions such capitalism should have to avoid a core possibility of elite formation?
Take in mind, that under "elite" I mean parasitic bastards, like current ones, not a meritocratic elite, like best engineers or best business organizers.
Please, provide an example of capitalistic society where usury is a crime and it has not worked.
I really in a big doubt that it works. Look around.
And how that press is supposed to maximize its profit staying free and unbiased?
We have them for a long time. But nobody wish to use them. Because "iT iS OnLy FoR NeRdS!!! I don't want to RTFM! Twitter is cutier!"
Why do you think so? One good capitalist make cool cars from stainless steel, with million miles engines, easy repairable and so on. He spend all money on quality and reliability. Cars are good, affordable, could last a century, but not cheap. Other, shitty capitalist make shitty cars from garbage with only quality thing is LCD screen of entertainment system. And spend most money on advertising. Cars are complete shit, but very cheap. So how do you think, how many people will boycott the latter?
So, there is something in capitalism itself that allow existence of corrupt government, crooked media and big tech censorship. It is profitable to corrupt government, crook media and do censorship. There is easy ways and specific capitalism activities that allow to gain a lot of money from nothing to do all that crap.
I mean that usury is prohibited. Just like theft is prohobited in western capitalism. You can't give a loan with interest to make profit. Just like you can't steal to make profit.
There was no pure socialism ever. So we don't know. USSR socialism was some kind of state capitalism, where free trade was allowed only among state enterprises, but not among citizens, and private business was prohibited.
So, capitalism is vulnerable for government actions. What we need to change to remove that vulnerability from capitalism?
Tox, I2P, Jabber, Matrix, ZeroNet, etc. There are even no possibility to control them. One who seek shall find. Other who do nothing shall not.
As you see, that does not work. We have everything for free from censorhip communication for a long time. But that is not only thing we need, obviously.
Who want? I don't know any "they" who want to make usury a crime. Every single "they" I know dreams about making literally everything people use a loan to gain interest and control debtors. I propose a way to completely destroy any way of creation elites grown on ususry. It would be impossible for them to exist if usury will be made equal to theft or murder.