An Alternative to Capitalism

Discussion in 'Business & Economics' started by TruthSeeker, Jul 22, 2006.

  1. lixluke Refined Reinvention Valued Senior Member

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    1. This topic has nothing to do with hard workers.
    2. Anybody that thinks they are not a slave can never be free. It is difficult enough as it is to escape a maze. Far more difficult if you are unaware that you are trapped in one. Welcome to the game of capitalist death.
    3. It is about an alternative to a globally destructive economic system that systematically takes the rights of all people on earth for the sake of plutocratic dictators. The system is called: Capitalism.
     
    Last edited: Oct 8, 2006
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  3. mountainhare Banned Banned

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    OOOOH, BURN!

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    I love your analogies.
     
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  5. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    I'm from Brazil.

    I don't think he actually ever killed on of our presidents. But one of them commited suicide to prevent the US from taking over...

    What's that.....?

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  7. lixluke Refined Reinvention Valued Senior Member

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    It is a portugese midget.
     
  8. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    That's a straaaaaange comparison....
     
  9. mountainhare Banned Banned

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    Truthseeker:
    That's because you've never read the fairy tale. If you had, you'd understand. I suggest you google for it.
     
  10. okayillgonow Productive-Industrialist Registered Senior Member

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    We need to change our society due to these problems with Capitalism:

    1. One of the biggest problems with capitalism is that, because control of the means of producing economic goods in a society resides in the hands of those who invest their capital for production, capital (The money or wealth needed to produce goods and services) has to accumulate before a nation becomes prosperous. This process could take years or even decades before capital has accumulated to an extent to where the masses can harness this capital.

    2. Another problematic situation with capitalism: corporations are ruled by individual managers, who take part of the money of the workers, therefore exploiting the workers.

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    You Might say that the manager is working harder than everyone else, but who's producing the products of the masses' everyday consumption? It's the worker, or, more known as, the proletariat.

    3. Since Capitalism is an economic theory which stresses that control of the means of producing economic goods in a society should reside in the hands of those who invest the capital for production, & private ownership, this concentrates the means of production to rich people. What results is a modern form of Feudalism, since the means of production is concentrated to a small segment of society.

    4. This is the worst problem with Capitalism:Since power is concentrated to an individual in a company, The person becomes corrupt.

    In what way does a manager/CEO, become corrupt?

    Lord Acton once said, "Power tends to corrupt, and absolute power corrupts absolutely". This principle not only exists in the political world; it also exists in the economic & social world.

    A manager/CEO is the one who benifits the most out of a company, because, when the people buy a manager/CEO's products, this goes to his/her account. Because of all the money a manager/CEO rakes in, PROFIT BECOMES THE ONLY MOTIVE IN BUSINESS DECISIONS. This leads us as a species to do some very odd things. Here's an example: let's just say that humans developed the technology to totally wipe out the AIDS plague. However, we refuse to use it, because our capitalist mentality insists that every person taking a medication must pay equally for it. It does not matter that the cost would be trivial to produce the medication to wipe out the plague now that the difficult work of developing the drugs has been done. Further, we don't wipe out AIDS because that would be unprofitable. Maximum profit demands keeping the virus around infecting new customers. And finally we don't wipe out AIDS because we don't have a way of allocating costs of projects that benefit every world citizen. We have spent about 4 billion on researching new AIDS treatments but only 0.1 billion on finding a vaccine to prevent new infections.

    Other examples of profit becoming the only motive in business decisions can be the McLibel case (look it up on wikipedia).

    I think that the best way is socialism, because it utilizes workers' councils &, for an economy to become larger, socialism utilizes accumulated labor, not accumulated capital.

    I couldn't agree more; under socialism, all a nation needs to do is accumulate labor, since Socialism stresses that the control of the means of producing economic goods in a society should reside in the hands of those who invest their labor for production.

    Yes; education is extremely important for business, since alot of jobs require knowledge.
     
    Last edited: Mar 4, 2007
  11. Prince_James Plutarch (Mickey's Dog) Registered Senior Member

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    Thou
    Shalt
    Not
    Commiteth
    Thread
    Necromancy!!!
    Thus Sayeth The Prince!!!
     
  12. URI IMU Registered Senior Member

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    A problem with capitalism is money devaluation.

    The next problem is money accumulation.

    The third problem and maybe the biggest problem is the concept of profit. This is especially prevalent in business where a business can not exist unless it makes a profit. An individual on the other hand has no problem with subsistence existence.
     
  13. Mr. G reality.sys Valued Senior Member

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    There's only one problem with Capitalism -- people who have no natural talent to create it, but who possess the natural talent to take it from those who have it.
     
  14. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    The problem with capitalism is that in order to accumulate capital you need to have capital in the first place. It's a big poverty trap!

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    :itold:
     
  15. Baron Max Registered Senior Member

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    No, you don't. Good hard work will do just fine.

    Baron Max
     
  16. EndLightEnd This too shall pass. Registered Senior Member

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    Well if that were true, shouldn't the lower classes be the richest?
    Now I could see hard work + education.
     
  17. Absane Rocket Surgeon Valued Senior Member

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    Work beyond what is required of you.

    The people with money don't work 40 hours a week.. they work more, and not because someone told them to.
     
  18. Sandoz Girl Named Sandoz Registered Senior Member

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    This thread asks the perfect question because, of course, for all its criticts, capitalism has NO alternative.

    It's the only system that makes sense.
     
  19. swivel Sci-Fi Author Valued Senior Member

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    Where are these people that are busting their butts every day, making good life-choices, and foundering under Capitalism? The only people I see failing under our system are the people who are too lazy to contribute to society. I work in the trades, with blue-collar people that put in 40 hours a week, own their own homes, are putting money away for their kid's education, etc... We are the true "lower-class" of a capitalist system, and we are succeeding. The kids of my co-workers are going to have a better life than they had. This is a major victory when you look at world history.

    The people who are failing are the ones who don't like to work. They bounce from an odd job to another odd job. They bitch and moan about the "system", but they aren't even a part of it. They are lazy moochers who rely on the guilt-complex of liberals to give them things they haven't earned.

    Mexican immigrants come into our country illegally. They do not have the benefits of citizenship (minimum wage, social security, driving licenses, etc..), English is their second language. They come only with what they can carry. They have almost ZERO political representation. And yet, with hard work and dedication, they make a living, bring in family, raise kids (who learn English, go to college, move up the economic ladder), they improve their neighborhoods, take pride in the things they accomplish. These people do not have the help that the American poor has. When I think of the poorest Americans I think of Whites in their trailer-parks and Blacks in their slums. Their property is dilapidated. Their homes are broken and full of abuse, both physical and substance. They live off of government programs, and hate/distrust the government. They don't work, and feel that the people who do have an "unfair" advantage. They have an enormous drop-out rate. They treat each other like crap (both youth cultures have a big sub-culture of beating each other up for fun). They treat women like crap. These similarities are not racial, they are linked to motivation. What is striking is number of these comparisons between the two cultures.

    I came from this culture. The White culture of poverty. And then I lived for 5 years in the poor Black cultures of the Caribbean islands. And I have zero pity for anyone who fails in a meritorious system.

    Are there cheats in Capitalism? Yes. But that is a human trait, not an effect of the economic system. The Communist cheats were even more unfair and brutal. As were the feudal cheats, the dictatorial cheats, etc... Such anecdotal evidence is meaningless.
     
  20. EndLightEnd This too shall pass. Registered Senior Member

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    Well these mexicans that come with nothing arent exactly becoming CEOs are they?
    But I see your point.
     
  21. Prince_James Plutarch (Mickey's Dog) Registered Senior Member

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    Sandoz:

    Bingo.
     
  22. Roman Banned Banned

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    What abou the people who work 16 hours a day, 6 days a week?
     
  23. paulfr Registered Senior Member

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    The problem with Anarchy is the existence of evil in men.

    Combined with power and Lord Acton's law that power corrupts and absolute power corrupts absolutely, Anarchy leads to the most human suffering.
    Totalitarian systems and malevolent dictatorships are cruel tyrannies indeed. And many die. But it is centalized and generally inefficient as long as the rulers are happy. But decentalized tyranny, with local tyrants becomes a real nightmare with the rule of law replaced by might makes right.

    Anarchy, like communism is a fatally flawed dream ...... sad to say.
     

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