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!
Has it ever been done right though? A capitalist entity’s mandate is to grow itself and extract maximum profit. It is obliged to become as unfettered as possible to achieve that. This is inheritly unsustainable and in conflict with the interests of society and the environment at large.
Which is where laws and regulations step in. People act like capitalism is some kind of lawless world. The CEOs might want that, but no one is saying we have to give it to them.
Because in practice it is, daily you see news of corporations caught violating the law and as a result being slapped in the hand with a day’s worth of income, which for anyone with half a forehead means a profitable investment.
Again, like almost anything, it’s great if you don’t count the bad part.
There are well over a million companies in the US with 10 employees or more, but yes, by all means focus on the tiny percentage that violate the law to suite your talking-points. Anywhere else, that would be called cherry-picking, but I guess when you are trying to fit your narrative that CaPiTaLiSm BaD then let’s pretend that everyone is a crook.
Let’s say we were talking about Facebook alone, their crimes affect more people than the company has, more people than there are in your country, and even more people than they have active users, do you mean to tell me that’s meaningless because there are thousands of people who registered their t-shirt printing businesses that together will never collect enough money to match what Zuckerberg makes in an hour?
That’s an outlandish way of seeing it, the fact that are people like you who are satisfied with such arguments is part of why these monstrous companies can do whatever the hell they want.
SO GO AFTER FACEBOOK. Holy shit. How is that sooooo difficult to understand?! Someone named Fred murdered someone last week. Does that mean that all people named Fred are murderers?? That’s the kind of ridiculous logic you are trying to apply.
Nah, it means you can’t read because that comparison makes no sense unless you read something different.