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GePap
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of the Big Apple
Nov 2001 time: 23:28
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quote: Originally posted by MichaeltheGreat
All the "capitalism is evil, there's downtrodden poor people so it can't work" whiner crowd ignore any individual factors that cause some people to fail in the capitalist system. All performance failure has to be attributed to some external injustice inherent to the system, not to any cause within the individual. |
The market does not give a rats ass about any individual, nor how ambitious or hard workind they are. You suceed based on whether what you bring to the table is wanted by the market or not. That is it. Lets take some poor farmer boy in mexico, who works ungodly hours in terrible conditiuon to feed his family. He then decides to risk his life to cross the border and get a job a bit less hazardous picking produce. His likelyhood of beaing wealthy are extremely low, no matter how much he struggles, how much he works, if only becuase he never picked up the skills the market values. If everyone studied fiannce, then finance majors would get paid **** after college.
The point I am tryin to make is that I think that maximizing the creation of capital and maximizing the abilities (or creativity, or excellence, whatever) of man ARE NOT THE SAME. Capitalism is about maximizing wealth production. That is it. It does not teach us any morals, life lessons, nothing, becase that is not what its purpose is. People fail in the capitalist system based on how worthwhile they are to the maximizing of wealth. Someone whos life ambition is to be a great poet might (but most likely won;t) be a great sucess in the capitalist system, but only if what he writes also is popular. If it isn;t, he won;t be a great success, no matter how much he worked. Is that wrong? I don't know. But to say that it is only hard work and personal ambition is wrong. Every system rewards certain actions and punishes others, becuase that is the nature of systems.
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chegitz guevara
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Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000 time: 00:28
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It's very easy to bash capitalism for being "evil," so a lot of socialists and communists fall into that trap. One merely need point to the rather vicious and violent measures to which both legal and illegal capitalists will go to protet their wealth and means of generating that wealth. The most naked examples, are criminal enterprises, such as the mob, drug gangs, etc. On the legal end, we have Coke hiring death squads to murder union activists in Columbia and Guatemala, Nike hiring children for a dollar a day to make $200 a pair shoes, Exxon cutting back on safety equipment and spill containment equipment and overworking their employees than taking the clean up expenses and damages as a tax writeoff, etc.
Injustice isn't inherent to the system, but the powerful are able to get away with it because of their ability to control the means of communication and politics. Sometimes they go to far, do something so egregious to common decency that they must be punished, even if it's only a slap on the wrist. At other times, they threaten the entire system with their greed, and the system must intervene.
Speaking about the injustice of the system as it is fires people'e sense of righteousness and indignity. In other words, it's a hook. This is only part of the reason that socialists and their ilk want to bring the system down, an overdeveloped sense of unfairness.
Marxists, i.e. scientific socialists, however, "oppose" the system for three other reasons. Reason #1 is the inherent instability of the system. It is precisely when the system is at it's most productive that it falls down. When it is producing more than can be consumed, the economy falters, people lose their jobs, their homes, and their lives for being too prodctive. This is the capitalist paradox. Only so long as their is room to grow is it "efficient." Too much production means capital is allocated "inefficiently" and excess capital must be cleared away, generally by a crisis (aka depression, aka recession, aka slowdown).
Reason #2 stems from #1, the magnitude of these "slowdowns" has a tendency to increase, or rather, they did until after the Great Depression. Keynesian economics has mitigated this tendency greatly, at the expense of growth. We don't fall down as far as we used to do, but we do it more frequently (though not in the last twenty years, as Keynesian policies have been dismantled). Sometimes, even a crisis cannot clear away enough capital and labor for the system to become productive again. In these cases, war is necessary to phsycially destroy competitors. Both World Wars were examples of this.
Reason #3 flows from the previous reason. These crises are inefficient. Labor and capital become unproductive, people's livelihoods are destroyed, sometimes even their very lives. The ultimate expression of these crises, war, is even more wasteful. On top of this, much human productivity is wasted in such things as advertizing (necessary from a capitalist standpoint), the military, prison systems, various stock and financial schemes, etc. All of this could be put to better use. Add again unemployment, underemployment, and the waste of many potentially productive human beings because of poor education, crime, etc., and there is a vast army of capital and labor that serves very little productive purpose. It's inefficient. We could use this energy to lower the amount of time we have to work and maximize the amount of time we have to be with friends, family, and increasing our human potential.
To this I could add the problems of human alienation, human spacial organization, racism, heterosexism, agism, pollution, overuse of resources, etc. The world could be managed much more efficiently by direct, democratic oversight, rather than the anarchic "take what you can grab" system we have now.
As much as people claim that corporations have resource management in their best interests, the fishing industry is great example of how this is false. Each individual company knows that the resources need to be better managed. If they wipe out tuna stocks, they can't sell anymore tuna. That's why we don't have Atlantic halibut anymore. Unless they are coerced by an outside force, however, they cannot voluntarily stop, because their competitors won't stop. So fish stocks have collapsed in the oceans around the world . . . with the exception of the Pacific Halibut which is managed very strictly because the government go involved (many, many decades ago, when it was nearly fished out of existence) Today the Pacific Halibut stock is abundent and quotas are strictly managed.
In this case, a democratically managed system of resource allocation has saved the resource, provides jobs, and profit. We Marxists argue that the entire world could be run similarly.
Course, it hasn't ever worked out that way, because every place socialism has appeared it has been under seige from day one. It is amusing that those who are the biggest proponents of the Israelis acting as despotic as necessary to protect themselves from terrorism always claim the opposite when it regards socialist countries. More than thirty thousand Palestinians have been killed since 1948, 1% of their total population today. That's a huge number, more than were killed by the "dictatorships" of Cuba, Nicaragua, etc. But we're the murderous bad guys and they are the set upon heroes.
This isn't to bash Israel. They have to do what they have to do (we can argue about efficacy elsewhere). So did/do the socialist states. Protecting yourself from invasion, terrorism, and subversion causes massive inefficiencies. The USSR was invaded twice, and suffered from terrorism from 1917 to 1991. Cuba was invaded, bombed, and still suffers from terroist attacks. Nicaragua was invaded and terrorism. Vietnam, the same, China got off with just terrorism. Eastern Europe got off with just terrorism. And so on. Peasant countries all, which had to industrialize and defend themselves at the same time. Yeah, it's pretty inefficent, but it's an external inefficiency forced upon them.
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ajbera
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of the Cookieville Minimum Security Orphanarium
Apr 1999 time: 05:28
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An economic system, be it capitalist or socialist, is not meant to teach moral values. Moral instruction is the domain of religion (Christianity, Islam, et al) or moral philosophy (secular humanism, etc.) For the proper functioning of a society, moral instruction will provide a defense against the excesses of the economic system. This is why it's necessary to have a strong moral religion/philosophy in a capitalist State, and for the most part, it works.
One (possible) reason why USSR and other communist States were also atheist, other than the power wielded by the church and the focus on God rather than on Man, was that, with an economic system that (purported) to engender social brother/sisterhood, the need for an external system to encourage such social responsibility was lessened (in theory - it didn't work, probably because the natural human drive to believe in the transcendental was smothered.) Although I'm a capitalist, I would be interested in seeing if a socialist state with a very strong religious component could thrive. Just not the U.S., please - we are better off with "struggle for improvement" system we have.
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GePap
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of the Big Apple
Nov 2001 time: 23:28
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People keep talking here about risk: what risks? What si the most someone risk in investing? loosing that money..wow, given the range of options someone with little or no money has, that is not that huge a risk, comapred to what people took before.
Look at Gengis Khan: he first gains leadership of his tribes (somehting that took political skill and ruthlessness, military daring) and then he engges in some of the most spectacular conquests EVER. In fact, od any of today's "great men" hold eve the most miserable candle to the great achievemets of men like Khan, or Alexander, Napoleon or Ceaser? But the fact that these men ahcieved incredible things mean that if they came to the modern world, they would all of a sudden be able to transmit their skills to achieve in this modern world? They cretainly have ambition: but that is not enough. As I said, each system has winners and loosers, it reenforces a certain set of behaviors most beneficial to it.
And on the question of capitalism and morals: should the tax exemption for charitable donations be ended? I mean, money that goes to some soup kitchen is wasted: it buys some cheap subsidized grain, but then is just given for free to one of the "losers" as Lefty so "accurately" stated. Should good capital that could go into investments, IRA's and other economically worthwhile measures be wasted like that? If a consumer wants to waste his money thus, let them, its their choice, but should the government encourage such a wholesale waste of valuable capita for no economic good at all?
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MichaeltheGreat
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Apolyton Grand Executioner
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mooning the house that Ruth built.
Oct 1999 time: 21:28
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quote: Originally posted by GePap
So I guess the best system of all had to be the Roman system: losers became slaves with no rights (they were really losers, I mean, they could not beat the Romans, so slavery was just what they deserved, the weak and spineless bastards!) while the most ambitious and intelligent men would float to the top and lead, make great conquests, have great arches that stand the test of time built for them! Yeah, that a winner. What the hell did Bill Gates do comapred to Octavan? Lets see any of the puny mamas boys that run Wall street try to win a civl war and then rule and empire! they would fold like that!
ROME! ROME! ROME! ROME! |
Bill Gates would hire Mad Mike Hoare, and a few other types, and do just fine, thank you. Do you think Octavian Rambo'd it with his gladius and left a trail of chopped liver in his path? 
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