this post was submitted on 15 Jul 2023
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Comradeship // Freechat

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It seems obvious to me that there are lots of ways to (ab)use the rules and logic of capitalism to fund a socialist revolution. What are your ideas to make capitalism eat itself?

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[โ€“] Fencer_JP@lemmygrad.ml 6 points 2 years ago (1 children)

Mine is to make a customer co-op insurance company, with better premiums, coverage, etc than traditional ones, because we don't have to make a profit. By trying to compete, the capitalists would have to break their staff, heightening contradictions etc, and removing the profits from the insurance industry. A bit accelerationist, but I want the insurance companies to burn.

A second one is to massively short a company, then burn it to the ground. Then you roll the profits into the next one(s). A bit more direct, that.

[โ€“] redtea@lemmygrad.ml 6 points 2 years ago* (last edited 2 years ago)

If you've got the capital to do either of these, you could do something a lot more positive. If you do this to a company, you'll destroy the livelihoods of all the workers. Maybe I could see the logic with a fossil fuel extraction, but you must have billions to short it and you could build social housing and schools with that money.

Edit: and if you short it, the capital still exists. Other capitalists will eventually get their hands on the machinery and nothing much changes.