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Capitalism is the problem
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CombatDiet Offline
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Posts: 72
Joined: Dec 2012
Post: #51
RE: Capitalism is the problem
@ Aurini

Your post made lots of sense until your last paragraph.

"Capitalism - or, free markets - are not a value system, they're a method. Stop conflating the two - that's what Marxists do."

Capitalism IS a value system (though maybe you meant a moral value system), it always values what leads to more capital accumulation.

But it is far more complicated.

Capital: "a type of good that can be consumed now, but if consumption is deferred an increased supply of consumable goods is likely to be available later. Adam Smith defines capital as 'That part of a man's stock which he expects to afford him revenue is called his capital.'"

You can see that this definition is not specific to any "good," including money. This is why capital's form is ever changing. Think 200 years ago when that nasty black shit seeped out of the ground and ruined part of a farmer's crop. Fast forward and suddenly the farmer was sitting on an ocean of "black gold." On the opposite end, think about a carriage maker in the 1920's. Suddenly his factory, molds, and other capital goods became nearly worthless.

Or more important to this topic, consider television programming. How would "Leave It To Beaver" do today? How would "The Kardashians" fare in 1960?

What humans value defines what capital is (at least for now). That is probably why Adam Smith wrote extensively on what you call "God, Family, Country." The modern Capitalist cheerleader Ayn Rand also wrote extensively on morality and says someone who follows her morality would naturally choose laissezz-faire capitalism. But what about those men who don't follow her morality or have any sense of "God, Family, Country."

More specifically, what about those who have no moral value.

"You want a better world? Then you want more Capitalism."

Without those aforementioned "morals," many necessarily default to "value what leads to more capital accumulation?" Sure, Capital may not "impose" this judgment as any moral value; but it does reinforce it. This may not be such a big deal if the rest of the market does have those "morals," but if none of them do? Or if Capital discovers it can actually accumulate more by undermining those "morals?"

Additionally; consider someone who really doesn't have any marketable skills and lives in a ruined State, lets say an artist. After years of destitute frustration, the man discovers a certain group within his country has been cutting deals with the enemy and is generally responsible for the country's state of affairs. He has no Capital, but he devises a way to get power beyond his imagination. He organizes a political party, creates violent protests, agitates for removal of the traitorous group, and after years his party finally wins a few seats. Through wonderfully executed intimidation, propaganda, and electioneering he is even named to the highest office a few years later and begins to consolidate all of the country under his power. His party controls everything under the auspices of the "Fatherland." From broke artist to controlling a major States entire economy; Capitalism: A Love Story?

Is that the "better world" you envision capitalism creating?

Or does this story not qualify? Are you still hung up on the "free" market part? Capital does not value "free" markets, it values whatever leads to more capital. Or was capital somewhere weeping over slave-labor cotton, waiting with bated breath for the day when it would be picked by free men?
01-05-2016 02:15 AM
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Messages In This Thread
Capitalism is the problem - Wrathchild - 12-31-2015, 05:00 PM
RE: Capitalism is the problem - Wrathchild - 12-31-2015, 05:15 PM
RE: Capitalism is the problem - germanico - 12-31-2015, 05:16 PM
RE: Capitalism is the problem - 2Wycked - 12-31-2015, 05:32 PM
RE: Capitalism is the problem - Wrathchild - 12-31-2015, 05:35 PM
RE: Capitalism is the problem - ColSpanker - 12-31-2015, 06:05 PM
RE: Capitalism is the problem - LINUX - 12-31-2015, 07:40 PM
RE: Capitalism is the problem - tanner - 12-31-2015, 08:02 PM
RE: Capitalism is the problem - The Beast1 - 01-01-2016, 09:35 AM
RE: Capitalism is the problem - Saweeep - 12-31-2015, 10:59 PM
RE: Capitalism is the problem - puckerman - 12-31-2015, 10:59 PM
RE: Capitalism is the problem - Deepdiver - 01-03-2016, 04:24 PM
RE: Capitalism is the problem - CombatDiet - 01-03-2016, 04:34 PM
RE: Capitalism is the problem - Deepdiver - 01-03-2016, 04:48 PM
RE: Capitalism is the problem - CombatDiet - 01-03-2016, 04:59 PM
RE: Capitalism is the problem - the high - 12-31-2015, 11:24 PM
RE: Capitalism is the problem - Wrathchild - 01-01-2016, 12:42 PM
RE: Capitalism is the problem - Durango - 01-01-2016, 02:48 PM
RE: Capitalism is the problem - Wrathchild - 01-01-2016, 08:47 PM
RE: Capitalism is the problem - Wrathchild - 01-01-2016, 08:50 PM
RE: Capitalism is the problem - Nowak - 01-03-2016, 05:06 PM
RE: Capitalism is the problem - Wrathchild - 01-01-2016, 09:44 PM
RE: Capitalism is the problem - Wrathchild - 01-03-2016, 05:00 PM
RE: Capitalism is the problem - TonySandos - 01-02-2016, 11:33 AM
RE: Capitalism is the problem - Phoenix - 01-03-2016, 01:29 AM
RE: Capitalism is the problem - Irenicus - 01-03-2016, 02:02 PM
RE: Capitalism is the problem - CombatDiet - 01-03-2016, 04:05 PM
RE: Capitalism is the problem - TonySandos - 01-03-2016, 03:07 PM
RE: Capitalism is the problem - CombatDiet - 01-03-2016, 03:57 PM
RE: Capitalism is the problem - Nowak - 01-03-2016, 05:01 PM
RE: Capitalism is the problem - Aurini - 01-04-2016, 09:52 PM
RE: Capitalism is the problem - BadgerHut - 01-04-2016, 11:00 PM
RE: Capitalism is the problem - TonySandos - 01-04-2016, 11:52 PM
RE: Capitalism is the problem - CombatDiet - 01-05-2016 02:15 AM
RE: Capitalism is the problem - CombatDiet - 01-05-2016, 02:45 AM
RE: Capitalism is the problem - GlobalMan - 01-05-2016, 06:10 AM
RE: Capitalism is the problem - CombatDiet - 01-05-2016, 11:52 AM
RE: Capitalism is the problem - Phoenix - 01-05-2016, 12:13 PM
RE: Capitalism is the problem - CombatDiet - 01-05-2016, 01:05 PM
RE: Capitalism is the problem - Phoenix - 01-06-2016, 10:36 AM
RE: Capitalism is the problem - H1N1 - 01-06-2016, 11:52 AM
RE: Capitalism is the problem - CombatDiet - 01-06-2016, 01:34 PM
RE: Capitalism is the problem - Wrathchild - 01-07-2016, 10:32 AM
RE: Capitalism is the problem - PhDre - 01-07-2016, 12:24 PM
RE: Capitalism is the problem - Saga - 01-07-2016, 09:00 PM

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