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cinch
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Edmonton, Alberta, Canada
Jul 2002 time: 22:28
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Cyclo:
quote: Would you like to define "cheap" for me? |
In this instance, I was using 'cheap' to mean 'the lowest possible cost'. It is 'cheaper' to pay an illiterate Cambodian villager to put a shoe together than it is to pay some guy from Des Moines minimum wage.
quote: I think that capitalism does not depend on workers being paid below some arbitrary pay standard. I'm not a libertarian and I don't think that we should have completely unrestricted capitalism. Human rights exploitation is deplorable, but there are plenty of capitalist businesses that do not use such practices. |
Yes, that's true. But the question was: "Does capitalism cause poverty", and it does. Even if some people have good intentions, there are many people and corporations who place currency above human life. They seek profit. Profit is the soul of capitalism. Hence, capitalism breeds poverty.
quote: Sh*t, if the communists get to say that 20th century communism wasn't "true communism," surely I can say that present day imperialism isn't "true capitalism." |
You have a point there. I, too, am an advocate of a regulated free market... maybe, just maybe, with indicative planning (maybe... I don't pretend to have all the answers) . I think the soul of capitalism should revert back to entrepreneurship, and not corporate globalism (and its extreme profits), as is the current situation. When Wal-Marts drive out local businesses, we have to stop applauding and start getting PO'd.
quote: Then the workers don't have to work there, dammit. I sure wouldn't if they greased the wheels with my blood. |
Assuming they have a choice (i.e. not just slaves), what would you rather have them do? They have to at least try to go to the factory and make that few cents... it's better than nothing. Maybe they'll be able to save at least one of their family members. Labourers in 3rd world countries have very few choices, obviously, for the most part: dead end traditional work (agriculture, perhaps), factories (or somehting similar), or crime. Many choose factories or sweatshops. I can't fault them.
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ThePlagueRat
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Insert banana to play...
May 2002 time: 06:28
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quote: Originally posted by cinch
I think the soul of capitalism should revert back to entrepreneurship, and not corporate globalism (and its extreme profits), as is the current situation. When Wal-Marts drive out local businesses, we have to stop applauding and start getting PO'd.
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Interresting thought... I have been thinking about the same,
which brings us back to ideologies...
Closest call: Liberalism.
Historically, this 'entrepreneurship' was described by Adam Smith, a pragmatic and an anti-monopolist. He wrote that it was in the interest of the market to function with many smaller entrepreneurs, or providers, and fair undisturbed conditions between them so the competion went smoothly and the demands were met. A selfgoing machinery in other words.
Monopolism later destroyed Adam Smiths visions. Fine theories, but as many other ideologies they worked out wrong... Thus, regulations were needed to support the market. Many countries did that, and prospered. (eg. democracies in Europe and to some degree America) And that's where politics come into play now...
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