Thread: Capitalism Doesn't Work

Results 1 to 20 of 92

  1. #1
    Join Date May 2008
    Location Regno de Granda Fenviko
    Posts 2,336
    Rep Power 0

    Default Capitalism Doesn't Work

    Michael Parenti here argues simply that in a global capitalist system more than half the world's population subsists on less than $2 a day. Surely this is evidence that capitalism doesn't work for the majority of us working class people. Would you argue along these lines?
    Eppur si muove -- Galileo Galilei


    [FONT=Tahoma]
    [/FONT]
  2. #2
    Join Date Oct 2007
    Posts 11,673
    Organisation
    IWW
    Rep Power 276

    Default

    Yeah that's a line of argument I commonly use. "Most of the world is capitalist, and most of the world is poor".
    I'm on some sickle-hammer shit
    Collective Bruce Banner shit

    FKA: #FF0000, AKA Mistake Not My Current State Of Joshing Gentle Peevishness For The Awesome And Terrible Majesty Of The Towering Seas Of Ire That Are Themselves The Milquetoast Shallows Fringing My Vast Oceans Of Wrath

  3. #3
    Join Date Apr 2010
    Posts 1,505
    Rep Power 0

    Default

    Yeah that's a line of argument I commonly use. "Most of the world is capitalist, and most of the world is poor".
    Most people in a hospital are sick. Doesn't mean hospitals are institutions to avoid when sick.
  4. #4
    Join Date Apr 2002
    Location Northern Europe
    Posts 11,176
    Organisation
    NTL
    Rep Power 0

    Default

    Baseball thats a terrible terrible terrible analogy, people ONLY go to hospitals when they are sick, everyone lives in Capitalism, also more people sick in hispitals get out better than those who do not, the vast vast majority of people in Capitalism are failed by it.

    I don't know how you could make an argument like that and not be embarrased.
  5. The Following 12 Users Say Thank You to RGacky3 For This Useful Post:


  6. #5
    Join Date Oct 2007
    Location Western Mass, Afghanistan
    Posts 3,563
    Organisation
    Exsulatus
    Rep Power 0

    Default

    Most people in a hospital are sick. Doesn't mean hospitals are institutions to avoid when sick.
    You should avoid hospital when sick, unless you need treatment or else risk infecting people with compromised immune systems.
  7. The Following User Says Thank You to ellipsis For This Useful Post:


  8. #6
    Join Date Apr 2010
    Posts 1,505
    Rep Power 0

    Default

    The analogy was more along the lines of saying because people in a hospital are sick, therefore being in a hospital is what caused them to be sick.
  9. #7
    Join Date Apr 2002
    Location Northern Europe
    Posts 11,176
    Organisation
    NTL
    Rep Power 0

    Default

    I understand that, but thats a shitty analogy, and it was explained why it was.
  10. The Following User Says Thank You to RGacky3 For This Useful Post:


  11. #8
    Join Date Jun 2009
    Location Chicago
    Posts 1,024
    Rep Power 22

    Default

    I think capitalism works perfectly as it is intended to work. It financially enslaves the working class while consolidating the capitalist's power. That's how it is intended to work. Capitalism as a system aims to benefit the capitalists, not the working classes.
    sing me to sleep then leave me alone
  12. The Following 8 Users Say Thank You to Misanthrope For This Useful Post:


  13. #9
    Join Date Apr 2008
    Posts 2,227
    Rep Power 51

    Default

    I think capitalism works perfectly as it is intended to work. It financially enslaves the working class while consolidating the capitalist's power. That's how it is intended to work. Capitalism as a system aims to benefit the capitalists, not the working classes.
    Thanks you for this. I get sick of people saying capitalism doesn't work, because they approach it from a moral standpoint instead of looking at the issue from a materialist viewpoint. We wouldn't have capitalism if it didn't work for someone, now would we?

    So yes, capitalism does work. The question then isn't whether it works, but who it works for.
    YOU KNOW WHAT IT IS
  14. The Following 7 Users Say Thank You to GPDP For This Useful Post:


  15. #10
    Join Date Aug 2009
    Location UK
    Posts 1,209
    Rep Power 22

    Default

    But it doesn't work perfectly anymore, not even for the bourgeoisie. Capitalism as a global system is rotten to its very core. It's why we see so much talk of bubbles and fictitious capital and whatnot these days, because these are sort of temporary fixes to keep the system going, artificially. I like to think of credit and such as steroids and hormones that an aged bodybuilder uses to keep himself going, even though he knows his time has passed long ago.
    Both for the production on a mass scale of this communist consciousness, and for the success of the cause itself, the alteration of men on a mass scale is, necessary, an alteration which can only take place in a practical movement, a revolution; this revolution is necessary, therefore, not only because the ruling class cannot be overthrown in any other way, but also because the class overthrowing it can only in a revolution succeed in ridding itself of all the muck of ages and become fitted to found society anew
  16. The Following 5 Users Say Thank You to Lyev For This Useful Post:


  17. #11
    Join Date Dec 2009
    Posts 6
    Rep Power 0

    Default

    How do you reconcile with the fact millions more people are pulled out of poverty every year? How do you explain the fact that basic necessities are cheaper now than any point in history? How do you explain that the amount of work required to buy a weeks worth of groceries has decreased 80% since 1970?

    Capitalism is alive and kicking and those who are fortunate to live in a country that has some form of capitalism are enjoying the fruits of it. Vietnam has been liberalizing their economy and it is now the fastest growing country in south east asia. Millions of Chinese citizens are moving into the middle class year after year.

    Specialization and trade create wealth which everyone enjoys. You communists act like working for someone else is some sort of slavery. The labor market is a competition just like any other market. Companies must provide good working conditions, salaries and benefits in order to attract the best workers. It's almost like you say nature oppresses you because it requires you to consume food to live. How dare you have to work to live? At the end of the day, it is envy that inspires these crazy ideas you all have. In a free society, the only reason why someone would have more money than you is because they contribute more to society than you do...

    Free market capitalism is a naturally occurring phenomenon when two people trade for their mutual benefit. Communism requires a centralized, totalitarian government to get between people trading with each other.

    As for why there are a ton of countries that are still poor: To have a successful society you must have private property rights and a strong rule of law. These are the key to success. People who work must be able to keep the fruits of their labor without it being stolen from their through force or fraud and everyone must be equal under the law, meaning you cannot treat one group or person different than another. There are many countries in Africa, Asia and South America that have a political class that steal from the poor and are treated differently under the law than everyone else.

    The natural state of humanity is abject poverty. These institutions must be in place to create a wealthy and prosperous society.

    I don't know how you guys form your opinions. Communism has been tried, killed millions and failed miserably. You cannot just say, "they didn't do it right." The USSR did everything that was required when creating a communist utopian society.

    Look around, we live longer, richer lives than any point in history. And yet you keep complaining about the oppression of all these rich people that are creating technologies that make our lives easier. Boo Hoo!

    -Freedom Fighter
  18. #12
    Join Date Oct 2007
    Posts 11,673
    Organisation
    IWW
    Rep Power 276

    Default

    Look around, we live longer, richer lives than any point in history
    Well, if you read a page of any sort of leftist theory, you'd see that we acknowledge this. We simply think we can do much, much, much better.

    The USSR did everything that was required when creating a communist utopian society.
    Well, apparently not since it's been criticized for a million reasons and even for being an effectively "capitalist" society by contemporaries.
    I'm on some sickle-hammer shit
    Collective Bruce Banner shit

    FKA: #FF0000, AKA Mistake Not My Current State Of Joshing Gentle Peevishness For The Awesome And Terrible Majesty Of The Towering Seas Of Ire That Are Themselves The Milquetoast Shallows Fringing My Vast Oceans Of Wrath

  19. #13
    Join Date Jun 2010
    Location Indianapolis, USA
    Posts 1,054
    Organisation
    Marijuana
    Rep Power 32

    Default

    Look around, we live longer, richer lives than any point in history. And yet you keep complaining about the oppression of all these rich people that are creating technologies that make our lives easier. Boo Hoo!

    -Freedom Fighter
    The conditions for every class of society has increased over time. The problem is the economic disparity between classes and exploitative nature of capitalistic markets.

    The question you have to ask is "Who produces in society and do the producers in society deserve to reap the benefits of their work?"

    You'll find that many people on these boards aren't illusioned into thinking that the route taken by the USSR would actually lead strongly to a society beneficial to all, or even a society beneficial to the majority for that matter.
    Education is the passport to the future, for tomorrow belongs to those who prepare for it today. -Malcolm X
  20. #14
    Join Date Aug 2005
    Posts 10,392
    Rep Power 188

    Default

    How do you reconcile with the fact millions more people are pulled out of poverty every year? How do you explain the fact that basic necessities are cheaper now than any point in history? How do you explain that the amount of work required to buy a weeks worth of groceries has decreased 80% since 1970?
    don't read the news much, eh?

    those who are fortunate to live in a country that has some form of capitalism are enjoying the fruits of it.
    yes like the ever increasing number of americans relying on food stamps and unemployment benefits to survive

    Companies must provide good working conditions, salaries and benefits in order to attract the best workers.
    which is surely why companies with enough clout (money) to do are trying to lower safety standards, wages, etc

    Free market capitalism is a naturally occurring phenomenon
    that does not and has never existed

    There are many countries in Africa, Asia and South America that have a political class that steal from the poor and are treated differently under the law than everyone else.
    but certainly not in the united states

    The natural state of humanity is abject poverty.
    lol wut

    I don't know how you guys form your opinions. Communism has been tried, killed millions and failed miserably.
    um... so has capitalism

    Look around, we live longer, richer lives than any point in history.
    yes, "we" do, that is to say a tiny minority
    'heavens above, how awful it is to live outside the law - one is always expecting what one rightly deserves.'
    petronius, the satyricon
  21. The Following User Says Thank You to bcbm For This Useful Post:


  22. #15
    Join Date Oct 2007
    Posts 11,673
    Organisation
    IWW
    Rep Power 276

    Default

    I also want to point out that we live in a world where one of the most brutal wars ever has been raging for ten years over a mineral that is literally used for nothing but playstations and cell phones.
    I'm on some sickle-hammer shit
    Collective Bruce Banner shit

    FKA: #FF0000, AKA Mistake Not My Current State Of Joshing Gentle Peevishness For The Awesome And Terrible Majesty Of The Towering Seas Of Ire That Are Themselves The Milquetoast Shallows Fringing My Vast Oceans Of Wrath

  23. The Following User Says Thank You to #FF0000 For This Useful Post:


  24. #16
    Join Date Mar 2008
    Location traveling (U.S.)
    Posts 15,319
    Rep Power 65

    Default


    How do you reconcile with the fact millions more people are pulled out of poverty every year? How do you explain the fact that basic necessities are cheaper now than any point in history? How do you explain that the amount of work required to buy a weeks worth of groceries has decreased 80% since 1970?

    Yes, but why did a single person have to perish for it? And why is this productive mechanism still left on "autopilot"? Why not put it all under the workers' control?



    Capitalism is alive and kicking and those who are fortunate to live in a country that has some form of capitalism are enjoying the fruits of it.

    Vietnam has been liberalizing their economy and it is now the fastest growing country in south east asia. Millions of Chinese citizens are moving into the middle class year after year.

    So instead of the fortune of monarchs to have born into their royal position, it's now been democratized to the fortune of whoever happens to be born into a First World industrialized country. It's still "autopilot" at best.



    Specialization and trade create wealth which everyone enjoys. You communists act like working for someone else is some sort of slavery.

    No, only those who can *afford* to be consumers are the ones who get to enjoy society's fruits. Many people have access to luxury goods not through actual work, but rather by financial manipulations, or pre-existing ownership of wealth, basically.

    And, considering that the products of workers' work are sold off for more than the workers receive from the sale, workers *are* being invariably cheated at every hour of work -- some call it 'wage slavery'. (See visual aid, attached below.)



    The labor market is a competition just like any other market. Companies must provide good working conditions, salaries and benefits in order to attract the best workers.

    This is an oversimplification -- there are several factors involved, both on the worker's side of things, and also on the employer's side. Need to pay bills, job fit, and commuting time are significant factors for the worker. (If there is only one large factory as an area's main employer that greatly limits job choices for people in the area.)



    It's almost like you say nature oppresses you because it requires you to consume food to live. How dare you have to work to live?

    This is a political slur -- insults are just that, and any underlying point of yours is tarnished because of it.

    Consider that nature -- far from being "oppressive" -- actually *provides* nutritious kinds of foods *for free*, as a natural result of the sun's energy. Work is strictly a *social* construction, and could take many forms of administration / management -- it could actually be *leveraged*, like plumbing, to *automate* the supply of things from nature, and subsequent manufacturing processes on them, if any....



    At the end of the day, it is envy that inspires these crazy ideas you all have.

    No, it's simply knowing that the society thing could be done better, especially so that no one has to die or suffer in the process of getting stuff from nature.



    In a free society, the only reason why someone would have more money than you is because they contribute more to society than you do...

    Or because they've inherited it, (etc.)




    Free market capitalism is a naturally occurring phenomenon when two people trade for their mutual benefit.

    To have a successful society you must have private property rights and a strong rule of law.

    (Note that these statements are not compatible -- is trade "naturally occurring" or does it require the institution of private property rights and a strong rule of law?)



    Communism requires a centralized, totalitarian government to get between people trading with each other.

    By 'Communism' you mean Stalinism, to be precise. And, on the point, so does capitalism -- it's technically called 'colonialism' and/or 'imperialism' -- note that each country's military forces have a centralized, totalitarian-like structure of authority.



    As for why there are a ton of countries that are still poor: To have a successful society you must have private property rights and a strong rule of law. These are the key to success. People who work must be able to keep the fruits of their labor without it being stolen from their through force or fraud and everyone must be equal under the law, meaning you cannot treat one group or person different than another.

    You're ignoring that the *social* basis for upholding this-or-that person's *own* sovereignty of private property is hardly stable -- there has to be agreement on where the competition stops or else the competitiveness will overrun any tentative limits and revert back to "the law of the jungle". Colonialism is a very good example of this, where industrialized countries simply looted Africa, Asia, and Latin America despite any formal agreements made.



    There are many countries in Africa, Asia and South America that have a political class that steal from the poor and are treated differently under the law than everyone else.

    Yes, and the advanced, industrialized Western powers allow it to continue even though they have the means to put a stop to it.



    The natural state of humanity is abject poverty.

    This is far from being an acceptable statement. You would have to provide some reasoning here.



    These institutions must be in place to create a wealthy and prosperous society.

    I'll agree that advanced forms of *social organization* are required, such as to industrialize, but the form doesn't *have* to be based on the institution of private property -- it could be the collectivization of the means of mass production under workers' control.



    I don't know how you guys form your opinions. Communism has been tried, killed millions and failed miserably. You cannot just say, "they didn't do it right."

    Yes, we *can* say "they didn't do it right". None of us were there during the rise of Stalin so the point is moot. Also, conditions are different today.



    The USSR did everything that was required when creating a communist utopian society.

    Hardly. (And there's another slur, coming from you: "utopian".)



    Look around, we live longer, richer lives than any point in history.

    No, there's still plenty of needless death in undeveloped and underdeveloped areas in the world.



    And yet you keep complaining about the oppression of all these rich people that are creating technologies that make our lives easier. Boo Hoo!

    Okay, but why can't it be done *consistently*, for *every* person on the planet?!


    [11] Labor & Capital, Wages & Dividends

    http://postimage.org/image/1bygthl38/
  25. #17
    Join Date Jan 2011
    Location Brooklyn, NY
    Posts 74
    Rep Power 0

    Default

    capitalism built the internet the internet you are using. If you have a job, it's because of capitalism in the end, and not because of some communistic system of shared wealth or whatever.
  26. #18
    Join Date Apr 2002
    Location Northern Europe
    Posts 11,176
    Organisation
    NTL
    Rep Power 0

    Default

    capitalism built the internet the internet you are using. If you have a job, it's because of capitalism in the end, and not because of some communistic system of shared wealth or whatever.
    Acually the internet was built by a state institution that handed it over to Capitalism.

    If we have a job, thats because we live in Capitalism and thats our only choice .... so thats a idiotic response.
  27. The Following 3 Users Say Thank You to RGacky3 For This Useful Post:


  28. #19
    Join Date Jan 2005
    Location The Upside Down
    Posts 11,499
    Rep Power 196

    Default

    capitalism built the internet the internet you are using. If you have a job, it's because of capitalism in the end, and not because of some communistic system of shared wealth or whatever.
    A lot of, if not all, systems will yield some benefit however small or great, short lived or long lasting. The questions 'is it sustainable' and 'what is the fallout' need to be answered.
    "whatever they might make would never be the same as that world of dark streets and bright dreams"

    http://youtu.be/g-PwIDYbDqI
  29. #20
    Join Date Jan 2011
    Location Brooklyn, NY
    Posts 74
    Rep Power 0

    Default

    I think in the end capitalism has no fallout, or problems of sustainability for in the end nobody has to think about it, to be part of the system for in the end it just happens.

Similar Threads

  1. Capitalism at work
    By t_wolves_fan in forum Opposing Ideologies
    Replies: 55
    Last Post: 2nd October 2006, 15:20
  2. Capitalism dosn't work!!!
    By Dynatos in forum Opposing Ideologies
    Replies: 37
    Last Post: 11th August 2002, 23:55
  3. Why Capitalism doesn't work
    By Moskitto in forum News & Ongoing Struggles
    Replies: 11
    Last Post: 3rd May 2002, 21:37
  4. DOES CAPITALISM WORK ?
    By Hayduke in forum Opposing Ideologies
    Replies: 14
    Last Post: 2nd March 2002, 03:24
  5. Capitalism doesn't work!
    By aek in forum Opposing Ideologies
    Replies: 11
    Last Post: 6th February 2002, 09:49

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Tags for this Thread