Why are folks so anti-capitalist?locked
Hi all,
I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.
Cheers!
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So capitalism is bad because it's extremely efficient?
Efficient? Thats your takeaway from that?
Yes. The rant was pretty positive of capitalism. The system is efficient, innovative, generates insane amounts of wealth, and most importantly it actually works unlike Marxism which has been an astounding failure at every turn both in theory and practice.
Even if a process is efficient, which in this case it isn't (overproduction is terrible for efficiency), that's not the only thing to consider, the moral aspect is important too. Off the top of my head, in this example, there's the inhumane treatment of the cows, the workers get paid inadequately for what they produce, and the dumped excess produce probably affects the ecosystem.
No it's because wealth is unfairly divided. Workers should benefit from productivity increases.
Also, the example in the original comment describes a dystopian death machine. A torture factory for cows to facilitate overproduction. We don't need to eat that much meat nor consume that much milk. This is why the entire planet is going to shit...
It shouldn't be, the work isn't evenly divided. People get compensated per mutually agreed upon contracts on the value and contributions of their labor.
They do... If you want to argue for stronger worker rights and protections then I'm with you. But to argue that Marxism is some sort alternative is beyond stupid. Marxism is just as bad, if not worse, than Nazism. It's a failed ideology in both theory and practice.
Humans aren't vegan. There's nothing wrong with meat farms.
Capitalism works on the basis of supply and demand. If there's a demand, there will be production. If there isn't, then the businesses in that industry will either slow protection or close. If that isn't happening then that means there isn't enough accountability in the government.
We're quite literally living in the golden age of humanity. The past 80 years human development has advanced so much in so many places to such a degree that it's an anomaly in human history. The world will always face problems, but humans are very adaptable.
Capitalism is bad because it creates incentives for greed to people who do are not contributing. Greed is never good, but it's especially bad when you use real work to justify why people do nothing to give them crazy amounts of money.