and WHAT is the Problem? Have you considered how it relates back to Capitalism, how money equals power and money can proliferate on its own by using your power?
No.
Capitalism IS the problem.
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and WHAT is the Problem? Have you considered how it relates back to Capitalism, how money equals power and money can proliferate on its own by using your power?
No.
Capitalism IS the problem.
Op... I don't feel like I want to say the same thing as others but you realize capitalism causes monopolies .?
And as a 2nd point Ive not seen mentioned because it's slightly off topic but.
Capitalism encourages unsustainability.
By it's very nature there is no end goal but growth for the sake of growth.
This can't happen forever. You understand that right?
We live on a planet with finite resources. And a breaking point for pollution that many believe has already been met.
Capitalism WILL kill this entire planet and everyone on it.
It's not a theory or a prediction.
It's absolute. Again, by its very nature, the goals of capitalism is to cut corners to keep producing. To constantly expand. To reduce production costs constantly. (Usually in the form of labor).
Which is not sustainable.
This is why billionaires want more babies. To feed the capitalism machine.
But what we really should be doing is celebrating lower birth rates. We don't need more humans to be slaves.
We need less humans. And sustainable economies. Sustainable lifestyles.
Machines have reduced the need for human labor a hundred fold. And increased human production by quite a lot. Yet humans are still paid low wages.
Capitalism will continue to exploit human labor.
The more of us there are, the lower value we have.
You ever have a job where they make it clear how replaceable you are? I have. And there are a lot of jobs like that.
True communism is the only system that will save us. Not Russia fake communism. Not China authoritarian fake communism.
I mean legit actual real communism.
Where the workers own the companies.
Not billionaires.
Why do people believe those men deserve to hoard?
I don't get it. Just watch videos of those losers. They aren't great men. They don't deserve to hoard the wealth.
They are rich from harming others. Exploiting. Funding wars and politicians in other countries and our own that allow them to keep exploiting.
Literally. Not figuratively.
We have allowed the worst of humanity to take control.
This has to stop.
True communism or something like it, is the only sustainable system that will save humanity and the planet.
Lol, you're pointing to a time when regulation was still helping keep shit up, completely discounting the fact that we had these same issues before the regulations were in place. We had these kinds of monopolies before (Ma Bell, Standard oil, etc), there was just a handful of decades where the government was trying to keep them from going full capitalism, which they're now able to do.
Capitalism is the problem, you just don't see the problem because you've seen what it's like when governments reign in corporations. But without something keeping a boot on the neck of the corpos, this is what we get
Thanks Chicago School of Economics you neoliberal bastards, "monopolies are efficient" my ass.
They're efficient at a couple things. None of the things are good things unfortunately.
Generally agreed. Unregulated Capitalism is the real issue here, we used to have, like... within the lifetime of people we know, very regulated capitalism and a market that really worked for us, the average person was rapidly getting richer and we had real quality of life.
That said, a part of me admittedly thinks this may be inevitable though, because once capitalism is unregulated briefly, all hell breaks loose. Once any company has a monopoly and true market dominance, the only way to continue making line go up is to change the rules of the game by lobbying, and once money enters your government and corrupts its ability to regulate, the train never stops.
I suspect it keeps getting worse until things go violently wrong and the system resets. But even then, I think we as a society forget, and "try" deregulating capitalism again in a few hundred years, kicking off another cycle that ends in revolution.
Except that is true with any social or economic system. You unregulate your president, good luck getting that back under control. You unregulate your communist party/planning committee, hello Stallin my old friend.
Humans who accumulate power in any system can corrupt said system. And every system has opportunities to accumulate power.
At least in capitalism it's slower, giving people more time to react. Even now, the state of US capitalism seems easier to reverse than e.g. the dictatorship of Chinese communist party.
Economics, as an intellectual discipline, is closer to theology than physics. Much like religion being arbitrary rules cherry picked from schizophrenic Bronze Age fan fiction, current economic models are built as narratives manufactured to justify the existence, position, and legitimacy of a ruling class. Finance is merely mythology shrouded in enough mathematic formulas to provide the appearance of a natural, universal legitimacy.
Capitalism is absolutely the problem, but I don’t consider replacing it with something else, or eliminating it to be a viable response. My biggest problem with capitalism, and all economic systems, is the lack of consent. Capitalism should be tolerated only when conducted by those who have actively chosen to be exposed to it. Let them play in an air tight bubble where they have to recycle their competitively manufactured farts.
Every example you give is driven by capitalism.
Right‽
"the problem isn't capitalism! It's [the natural consequences of capitalism]!"
Like, I'm sorry, but to me, this isn't the stunning argument OP seems to think it is.
If the goal is to make a profit for private owners, you are going to get this shit eventually. Regulating the fuck out of it might make it feel better but only in comparison.
We could regulate a system where the workers own the means of production too.
But we should be making things that last forever, protect our planet, etc. Profit is antithetical to sustaining life so, advocating for that sounds insane.
Competition, especially free market competition is one of the enemies of capitalism.
Fortunately for capitalists in a liberalised (unregulated) market it's not too hard to build up market power somewhere in the supply chain, and squeeze out, or effectively force the competition into franchise.
Almost unavoidable economies of scale in industries like banking are huge problem, that concentrates critical market power and drives out competition under the guise of plausible investor friendly sounding shit like "risk premia", "international competitiveness", "labour cost efficiency". Directed credit, sectoral and regional should be part of being a bank, the banks have been given responsibility for running the economy, but not made accountable for it. That's why they can get away with investing in real estate bubbles instead of productive industry.
FDR was one of the last USA leaders who seemed to understand the role of banks - sadly that was a long time ago and those ideas seem to be long forgotten.
I want to say while the printer ink stuff has been true for the longest time, there are printers out there which allow you to refill liquids directly. Manufacturers are Brother, Canon, Epson and HP. I have one set of these bottles and I sawed the back off so I use them as a funnel to make the liquid go into the printer.