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Would it be any different in a non-capitalist world? If we’re being honest, corruption eventually permeates everything given time. IMO the biggest difference between capitalism and socialism is the massive centralization of power in socialist systems. The effects of corruption tend to be much worse the more power is concentrated. These systems of finite resource distribution are ultimately just hacks to mitigate the real problem: people or individual nodes tend to seek the optimal outcome for themselves even if it’s at the expense of the system as a whole

Everyone tends to forget that sociopaths adapt



I think that there's a lot of truth in criticisms of both capitalism and socialism. Running the org nameservers seems like a job best done by a non-profit organization, using some minimal funds from domain renewals. Neither profit-making enterprise or government body seems like an ideal match.

I suppose non-profit organizations can still go bad, so transparency in operations, and some kind of oversight mechanism that can replace the directors if necessary, would be needed.


Capitalism is a system created by and for sociopaths. It doesn't get much worse than that.


How so for both? HN isn’t reddit


How do you compare the centralization of a socialist government against the centralization of power among FAANG? Genuine question.


In a purely socialist system, all power lies in the government itself. All decisions for resource distribution lies with the government itself.

In a capitalist system, power is more distributed between the government and private organizations. The government alone doesn’t get to decide who gets what resources. while these private organizations will collaborate with the gov and vice versa at times, there will always be some tension between the groups since they are constantly competing for power, which results in an adhoc system of checks and balances vs a system of near absolute power

IMO we’ve already tried that experiment. It doesn’t work. Pure socialism and pure capitalism only work in ivory towers




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