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Cake day: June 3rd, 2023

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  • frustbox@lemmy.mltoAsklemmy@lemmy.mlWhy are folks so anti-capitalist?
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    1 year ago

    Capitalism sold us a fairy-tale.

    Companies compete for customers, they improve products so it breeds innovation and they also compete for workers, so it gets better for everyone! Except it doesn’t.

    The reality is quite the opposite. Here’s what happens. They want to maximize profits so that the owners of the company get more money. How do you maximize profits?

    • You can advertise, and attract more customers. Alright, but eventually everyone has a widget. Maybe you can poach some customers from a competitor, but ultimately the market is saturated. Things get replaced as they break there’s a natural equilibrium. How do you increase profits?
    • You can charge more. Raise the price. That only works so far before you lose customers to your cheaper competition, again you reach an equilibrium. How do you increase profits?
    • You can innovate! Oh yes, that’s what capitalism is all about, improve your production, instead of 5 parts that need to be screwed together, now it’s just one part that falls out of a machine. You spend less time making each widget so you make more profit. But eventually there just isn’t any room to innovate any more. How do you increase profits?
    • You can use cheaper materials. But here again, you bump against an equilibrium, the cheaper materials often break more easily - sometimes that is wanted (planned obsolescence) but your customers will notice the drop in quality and eventually they’re not willing to pay as much for your widget any more. How do you increase profits?
    • Well, the last big item on your list: payroll. Do more work with less staff, or in other words pay staff less.

    So what you end up with is low quality products, it’s a race to the bottom of who can make the crappiest product that the customers are still willing to pay for.

    And for the workers? Well, they don’t earn much, we outsourced their work to overseas or replaced them with machines and computers. All the money went into the pockets of the owners and now the workers are poor. They’re desperate to even find work, any work as long as it allows them afford rent and barely not starve. If one of them has concerns about the working conditions, fire them, somebody else is more desperate and willing to accept the conditions.

    So capitalism is destined to make us all poorer. It needs poverty as a “threat” to make you shut up and do your work “you wouldn’t want to be homeless, would you?”

    The problem is not money itself, it’s not stores or being able to buy stuff. That’s an economy you can have an economy without capitalism. The problem is that the capitalists own the means of production and all the profits flow up into the pockets of the owners. And often the owners are shareholders, the stock markets, they don’t care if a company is healthy, or doing well by their employees, all the stock markets care about is “line go up”, and it’s sucking the working class dry.

    Regulation can avoid some of the worst negative effects of capitalism. Lawmakers can set a minimum wage, rules for working hours, paid time off, health and safety, environmental protection etc. Those rules are often written in blood. Literally, because if not forced by law, capitalism has no reason to care about your (worker or customer) life, only profits.

    Oppose that with some ideas of socialism. aka. “The workers own the means of production” This is something some companies practice, Worker cooperatives are great. The workers are the owners, if the company does well, all the workers get to enjoy the profits. The workers actually have a stake in their company doing well. (Technically if you’re self-employed you’re doing a socialism) Well, that’s utopia and probably won’t happen, maybe there’s a middle ground.

    Unions are a good idea. Unions represent many workers and can negotiate working conditions and pay with much more weight than any individual worker can for themself.

    Works councils are also a good idea, those are elected representatives of the employees of a company. They’re smaller than trade unions, but can still negotiate on behalf of the employees of the company. Sometimes they even get a seat on the board of directors so they have a say in how the company is run.

    That’s how you can have capitalism but also avoid the worst effects of treating workers and customers badly. Anyway, unchecked capitalism is not a great idea. The USA would be an example of such unchecked capitalism.

    Especially when you know that money equals power and the wealthy can buy their politicians through the means of “campaign donations” and now the owners of companies control the lawmakers who write the laws these companies have to abide by … From Europe we look at the USA and are mortified, but let’s not make this even more political.



  • Are we really still “both siding” this?

    You have one side stating that the current social and economic systems cause a lot of people to suffer and die in poverty - maybe we could change the those systems so that the world becomes more fair and fewer people suffer.

    While the other side basically says: people we don’t like shouldn’t exist. Let’s make their lives more miserable.

    And you think those two positions are the same?



  • That depends on the password manager.

    There are password managers that work on your computer and the data never leaves your hardware. KeepassXC for example. The database is just a file on your computer - you are in charge of backing it up, synchronizing it to your other devices (i.e. phone) etc. The database file is fully encrypted so you could share it with a cloud provider like google drive or dropbox, or you could use syncthing which synchronizes files between your devices without cloud storage. If you use cloud storage there’s a small risk that the encrypted file gets into the wrong hands (but it is encrypted so it’s most likely worthless to any would be hacker).

    Some other password managers offer a web service where you can log into a website to see your passwords, and they have mobile apps and browser extensions. These do store your passwords in their cloud - the risk that those get breached is considerably higher. But even there it depends on the implementation details. Bitwarden for example kind of does something similar to keepass, where your “vault” is encrypted locally and then stored on their servers. Even if they get breached, the data would be useless. Lastpass had a breach recently and it turned out that they didn’t encrypt everything - so someone with access to the data could determine some details such as which sites a user had accounts on. And apparently some vaults used a weaker encryption so those might be decrypted eventually.

    And a lot of password managers are closed source so there’s no telling what they may do, just “trust me bro”.

    If I had to give a recommendation it would be bitwarden - it’s open source, it’s free although there is a paid plan if you need it and want to support them. It’s really easy to use. If you have extreme paranoia (no judgement) then keepassxc - it’s also open source and free, it’s just a little more effort to set it all up so it doesn’t get my first choice.


  • Several points

    They generate strong passwords - completely random with no scheme or method to guess. They are long and use many different characters. These won’t be easy to memorize, but that’s the point of a password manager, isn’t it? Much stronger than “google-monkey123”, “lemmy-monkey123” etc.

    They generate unique passwords - different passwords for every login. When, inevitably, one website had their database breached and it turns out that they stored the passwords too (you never store the passwords, only a “hash”, a scrambled version of it), that password of yours can’t be used on other websites. Or any scheme be detected “hey that guy just appends ‘monkey123’ to the name of the site!” That password was truly unique and is not a danger to your other online accounts.

    They protect you from phishing - consider this scenario: you get a message with a link, you click on it and the site asks you to log in, so you type in your login and password, but that was a phishing site, it looked like the real website, but really it wasn’t. And now the attacker knows your username and password. A password manager that automatically fills your login details will only do so if the domain name is exactly correct, on a phishing site it will not auto-fill, giving you a moment to stop and think.


  • I like to change the metaphor. We’re not visiting websites. We are inviting them into our homes.

    But when we open the door, our friend brings a group of rowdy drunks with him, they’re rummaging through closets (privacy invasion), they drink the beer (draining batteries and using internet data volume) and maybe they damage things (malware) - so I have a bouncer. If you’re not invited, you’re not getting in.

    As for creatives, I’ll happily tip them, i have no issues with sponsored content (as long as it is declared) - they probably get more from that then the ad-impressions.