Why Capitalism IS Wrong!

[hellas1]

Hey all,

It's been some time since I posted here but nevertheless...........

I've been thinking about Capitalism and how it promotes global problems, now that a firmer and more expansive global economic interaction between countries (people) is taking place at a very fast pace:

1. Capitalism makes earning(s) unequal.
Ex. There are certain jobs that are disgusting, rote, and/or robotic in nature, ie. Factory worker, or down right deadly.
Smart people realize that they DO NOT want to work in these positions.
Why should those who must do them "pay" for it? Notice the word "must."

2. Capitalism fosters and promotes egotism.

3. Capitalism has created, fostered and promoted the Corporation which has murdered virtually all local or "small" transactions of business in a hamlet, town, and city.

In the U.S., where I live, 80% of businesses used to be small businesses with the other 20% being Corporations. Now, in 2008, Corporations control most business markets from Health Care to Retail and beyond.

4. Capitalism pits one individual against another in order to have one's career be "furthered" more than one others' career along with a host of other stupidity. (This point leads a person to the obvious concept "Capitalism pits me against you, not me cooperating with you and for you.")

What is my solution? A human Socialism where democratic modus operandi's are in place = call it Socialicy or Democratism.

In lieu of my being rebutted by thread posters:
A. To those who live in the EU or Canada, Please don't quote what is occurring in there. Think out loud by writing.
B. To those not living in the U.S., or who DO live in the EU or Canada: Talk to me about how you see Capitalism.
C. No theories please folks.

Comments, Y'all?
hellas1

[Thompson45cal.]

4. Capitalism pits one individual against another in order to have one's career be "furthered" more than one others' career along with a host of other stupidity. (This point is summarized in the concept "Capitalism pits me against you, not me cooperating with you and for you.")

I have to agree with you on this point. It seems to promote a survival of the fittest mentality...... seems a bit neanderthal to me.

Thompson45cal.

[roy34543]

Socialism would work if human beings didnt try to advance themselevs even when capitalism is gone.

[Kiljan Arslan]

1. Capitalism makes earning(s) unequal.
Ex. There are certain jobs that are disgusting, rote, and/or robotic in nature, ie. Factory worker, or down right deadly.
Smart people realize that they DO NOT want to work in these positions.
Why should those who must do them "pay" for it? Notice the word "must."

more guilded age capitalism/

2. Capitalism fosters and promotes egotism.

Now there is a tendency of that to happen but I also blame materialism.

4. Capitalism pits one individual against another in order to have one's career be "furthered" more than one others' career along with a host of other stupidity. (This point leads a person to the obvious concept "Capitalism pits me against you, not me cooperating with you and for you.")

Have to agree there plus it goes against several tenets that I fallow.

What is my solution? A human Socialism where democratic modus operandi's are in place = call it Socialicy or Democratism.

Yeah great on paper but sucks in practice.

[Miraj]

Wtf is wrong with furthering you're career and improving your position in your field over time? Especially if you work hard for it?

This all sounds like genuine hippie nonsense. If I'm better than you.. I'm better than you. I deserve the byaches and gold since I worked for it dammit.

[Thompson45cal.]

Wtf is wrong with furthering you're career and improving your position in your field over time? Especially if you work hard for it?

This all sounds like genuine hippie nonsense. If I'm better than you.. I'm better than you. I deserve the byaches and gold since I worked for it dammit.

I can understand your point, but my feeling is this.... we're all human, we're all flesh and blood, and suffer from all the same things in this life. Life is hard, doesn't matter who you are or what you have, it's hard..... Why not be a help to our fellow man, in this difficult life we all have to live through. Seems instead, we'll choose to step on his head to boost ourselves up.

I have yet to meet a single human being that actually likes a "dog eat dog" world. But liking it or not is irellevent, life is a rate race, it is dog-eat-dog. You better get used to it and get with the program if you want to live in a respected and dignified way - because we all have to fight and work hard for that.

Your idea and my idea of a respected and dignified way is worlds apart.

[Miraj]

I can understand your point, but my feeling is this.... we're all human, we're all flesh and blood, and suffer from all the same things in this life. Life is hard, doesn't matter who you are or what you have, it's hard..... Why not be a help to our fellow man, in this difficult life we all have to live through. Seems instead, we'll choose to step on his head to boost ourselves up.

Well, I never said anything to the contrary. Most of us are not trying to better ourselves by pooping on others heads. But sometimes you have to at least step on someone else's toes to give yourself an advantage. And as long as you don't do it to the point of being morally reprehensible then I see no problem with vigorous competition.

[Thompson45cal.]

I figure, much like sin......... a little sin, is still a sin. I don't like having my toes stepped on, and try my utmost to avoid stepping on others.

[Mighty Sultan]

I deserve the byaches and gold since I worked for it dammit.

yes that's it!

[Kiljan Arslan]

I just don't like the dog eat dog mentality. Just really can get you down. Not saying that we need to get rid of advancement or anything.

[HansDuet]

Damnit I dislike socialism...

Equality blahblahblah...

[Miraj]

I have yet to meet a single human being that actually likes a "dog eat dog" world. But liking it or not is irellevent, life is a rate race, it is dog-eat-dog. You better get used to it and get with the program if you want to live in a respected and dignified way - because we all have to fight and work hard for that.

And it doesn't matter diddly squat if a society is socialist or communist or capitalist or taliban or shite hole. Competition finds its way to every corner and crevice of our lives. Even on this simple forum.

[Axeman]

PURE capitalism is wrong , regulated capitalism isn't.

[Miraj]

PURE capitalism is wrong , regulated capitalism isn't.

And there is pretty much no country on earth that runs on pure capitalism.. aside from maybe the Congo and Haiti.

[SARMATIAN LEADER]

PURE capitalism is wrong , regulated capitalism isn't.

[Salazar]

That's true, but there seem to be people who like to call any limits on the free market, socialism or even communism.

[Rhio]

That's true, but there seem to be people who like to call any limits on the free market, socialism or even communism.

There's a word for those people. It's called ignorant.

Capitalism is in no way equal to laissez-faire. Laissez-faire creates an economic deathmatch which, in most cases, will lead to a monopoly situation. The actual deathmatch is beneficial to society. Businesses fighting for their very survival, without resulting to criminal offenses, are a great source of innovation as keeping costs low and providing a superior product are the only way to keep ones head above water.

Yet, after a string of bankcrupties, hostile takeovers and mergers, a victor will arise. A victor in the form of either one company or a cartel of several dominant ones. Either way, the victor will have attained a monopoly position, able to set its own price and output, virtually untouched by market forces. This is an incredibly beneficial position for the monopolist because he can maximize his profits, which in turn creates vast financial reserves allowing the monopolist to muscle any newcomer out of the market with relative ease untill after a while, the monopolist position will be so solid, others will simply stop trying to enter the market.

This creates a simmilar situation to what I have described for socialism. Lack of competition, creating inefficiency and a slowdown or even halt of innovation, and an amount of goods not fit to the market's demand at high prices.

Capitalism however holds competition above all else. This means regulation is allowed, but only if it is aimed at improving competition. Hence many capitalist nations have competition authorities whose goal it is to improve the workings of the market by keeping corporations from forming monopolies, using unfair business methods and falsifying competition. To use my methaphor from before, instead of a deathmatch, capitalism wants a boxing match. You're allowed to exchange punches, even knock eachother out, but there's still a referee who makes sure everything goes fairly. That way, there will always be others to challenge the champion.

[Kiljan Arslan]

not saying it dosn't however I feel the government should have the right to regulate.

[Viking Prince]

Capitalism has two parts -- commonly a private ownership componant, but also a belief that capital investment will create productivity improvements in the means of production. The necessary need for the private ownership is that governments are really terrible at picking winners and losers, allocating a fixed budget, and in being innovative/risk taking. And they do this so poorly primarily because it is not their own capital at risk.

Despite all the faults -- unequal distribution is not a fault -- I cannot see any system which has out performed capitalism.

Socialism is simply a fancy way to make redistribution of wealth less transparant. There is nothing wrong with a transparant system where the people helping know what they are paying and the people receiving help know how much they have been helped. And everyone sees the cut government gets to make it happen. Thats why most Americans give generously to charity and grudingly to the government. Hopefully, most people will be on the paying/helping side most of time.

[Da Skinna]

Capitalism is but a tool. One can gain from it. One can lose from it. And one can especially exploit others with it.