Is capitalism a bad thing

TL15

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So the only thing that can motivate someone to be a productive member of society is the fear of starvation?
Socialism is about providing equal opportunity not equal outcome. And Jeff Bezos profits from the exploitation of labour, most of his workers can hardly afford to live on just an Amazon job
There's no reason why the minimum wage shouldn't be enough to survive on

I agree entirely with the bolded. But that isn't Jeff Besos or Amazon's fault...it's the government's fault. It's exploitation in banking and lending. It's scarcity in the housing market driving up cost and or exploitation as well.

re: "so the only thing that can motivate..."

Well that's a great question.

I don't know what motivates people as a whole. But I know that competition is one aspect that can motivate people. Removing competition from a market could lead to terrible results.

To keep the discussion going... In a "melting pot" like America (tons of different languages, races, ideologies, income levels, etc.) how would you expect a socialist economy to work. I think "true" socialism would require some other type of homegeny or homogeneity. We all can't even agree to treat "Americans" fairly (we all see how the cops and courts already treat us :stopitslime:) why would we expect that sharing in the economy would work here?
 

AlainLocke

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To keep the discussion going... In a "melting pot" like America (tons of different languages, races, ideologies, income levels, etc.) how would you expect a socialist economy to work. I think "true" socialism would require some other type of homegeny or homogeneity. We all can't even agree to treat "Americans" fairly (we all see how the cops and courts already treat us :stopitslime:) why would we expect that sharing in the economy would work here?

Socialism is simply workers owning capital instead of capitalists...it's not about sharing anything...it's about workers getting their proper due.

There are socialist enterprises throughout the world where workers own and control capital...

People mistake socialism for publicly funded "free" stuff...

Public education isn't socialism

Universal Healthcare isn't socialism...

That's just common sense modern day shyt...

Socialism is about ultimately about workers owning capital, owning the product of their labor and capitalists being non-existent...

At the end of the day...who the fukk wants to have a boss and get paid scrapes...
 
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AJaRuleStan

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First, I wouldn't think of anything in terms of a binary good or bad equation, instead, I view it in terms of trade-offs, and what works as opposed to what doesn't in terms of real world results. In point, there are no catch-all solution to serious social problems, just trade-offs. Therefore when you want to draw a conclusion on the results of capitalism, you don't think about it in a vacuum or how its lives up to your imaginary ideal standards. Its better to ask which real world system that has been tested and has data of its results has produce a better society than societies classified as competitive, free-market capitalism.
 

damn_ese

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The concept is good. The execution is bad.

The biggest issue is that 99% of people are not "go-getters" and those same people are complainers with all of the answers. :manny:

its luck also, otherwise every hardworking entrepreneur would be successful
 

AlainLocke

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It is important to note that socialism can exist within an organization...

Let's use Amazon for an example...

Say Jeff Bezos was a good person and he made Amazon 100 percent worker owned when he started it and assembled his team to run it...

That means all his employees would own a piece of Amazon...and they will share that wealth collectively....so the stock goes up...everybody gets rich...not just Jeff Bezos

Each full time employee...after a trial period would become an owner of Amazon...

Amazon wouldn't have a board of directors, they would have a board of workers that would be elected to represent and look out for the best interests of the company...

Each workers would be self directed...

You wouldn't have a boss per se...

You would have teams of workers with tasks and you set your own hours and etc...so when your job is done you go home...

Workers together would set their own work week...

Workers together would set their own wages...

And when automation comes...instead of just firing each other...you just work less...

So if you was a warehouse worker and you got a new robot...you would just use the robot to make your job easier and subtract your wages from the hours you would've work and go home earlier or you can go do a different job within your company after you do your warehouse job.

And it would be okay because you get a fukking fat ass dividend check since you own part of Amazon.

In this scenario....there are no capitalists...and yet you still operate in a market...and you still get the shyt you want.

This is what socialism actually looks like...
 

damn_ese

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my main problem with capitalism is the people on top are free to do all sorts of fukkery

but

the elite makes it hard for more people to join their ranks, think about it this way . . . . . we are moving towards de-regulating almost every industry, at the same time there are more and more regulations for everyday people:dahell:
 

Henri Christophe

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its luck also, otherwise every hardworking entrepreneur would be successful

Not luck

Some people are very hard workers but they're not entrepreneurs at heart... which may sound harsh, but not everyone is meant to be a boss.

Most of us are meant to follow instruction and take orders

Basically, some people claim to be "entrepreneurs" but they suck...

That's like me claiming to be a basketball player but I have no jump shot or I'm not athletic.... doesn't matter how much I work hard... I'll never be LeBron or Jordan or Kobe.

People gotta stay in their lane.

Nothing wrong with being #2 or #3 or #463

Everyone wants to be #1... THATS why they fail.
 

damn_ese

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Not luck

Some people are very hard workers but they're not entrepreneurs at heart... which may sound harsh, but not everyone is meant to be a boss.

Most of us are meant to follow instruction and take orders

Basically, some people claim to be "entrepreneurs" but they suck...

That's like me claiming to be a basketball player but I have no jump shot or I'm not athletic.... doesn't matter how much I work hard... I'll never be LeBron or Jordan or Kobe.

People gotta stay in their lane.

Nothing wrong with being #2 or #3 or #463

Everyone wants to be #1...
THATS why they fail.

luck most definitely plays a part, dig deep enough into any successful individual's history and you'll find there was luck involved alongside their hard work.

there is no shame in saying you got lucky
 

NotaPAWG

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capitalism is inherently oppressive. white supremacy & capitalism feed one another.

some of the greatest revolutionaries were pro-communism or started to condemn capitalism

IE: Malcolm X, Frederick Douglas, MLK, The Black Panthers etc

“When everyone is to cultivate himself into man, condemning a man to machine-like labour amounts to the same thing as slavery . . . Every labour is to have the intent that the man be satisfied. Therefore he must become a master in it too, be able to perform it as a totality. He who in a pin-factory only puts on heads, only draws the wire, works, as it were mechanically, like amachine; he remains half-trained, does notbecome a master: his labour cannot satisfy him, it can only fatigue him. His labour is nothing by itself, has no object in itself, is nothing complete in itself; he labours only into another's hands, and is used (exploited) by this other".- Stirner
 
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Benefited

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