9 points against capitalism

  1. Darwinism of the Unethical

Capitalism by its very nature facilitates that the most unethical people in society take the positions of the most power. It is by the process of what some call social darwinism (although I think the term itself is somewhat of a misnomer): The people who are most effective at making money rise to the top (CEO, for example). The problem is that those people are the very people who have the least conscience. Why? Conscience, practically speaking, is not an ability or power to attain a goal–it’s what tells you not to do something you would otherwise do to gain something (for example, money). The fewer blocks to achieving such selfish ends you have, the more effective you will be at that goal. In fact, because of competition, executives (and voting shareholders alike) need every edge they can get to be on top, which means someone with a conscience would likely be filtered out of that level of power.

I’m not saying there is no aspect of a win/win situation in a company offering a product/service for money, I am only saying that those with the most power are must usually be those with the least conscience. That’s why companies do things like rape the environment, sell us things that are harmful to us that we crave (like nicotine, sugar and fat), undermine workers’ unions (sometimes by killing people), use manipulative advertizing tactics and strong-armed tactics, sell things that break in one year, etc. The law makes as many accomodations for this evil as possible (and politically acceptable) by micromanaging - passing laws for every little thing a company can do - but that can only go so far. You can’t absolutely legislate morality. It is only by an entourage of these checks that the inherent evil of the most successful corporations is kept in (some level of) check.

If you wanted to make as much capital as quickly as possible and that was your sole concern and you didn’t have to worry about law, would you do it via a win/win situation? No, you would mug, or better, con someone. The law can only acts as a buffer between those in economical power and us so that they can’t so directly or acutely slight us as individuals, as nations, and as a planet. (It is true that the law is not strictly a buffer in that it is the matrix by which capitalism and even anarcho-capitalism are even possible, but the metaphor suits the above purpose.)

It doesn’t help that we have the mentality of excusing corporations for having only one bottom line, the dollar, by viewing them as economical machines. They are, ultimately, made up of people, directed by human decisions, and powered by human actions. But as single agents, the most successful companies’ behaviors can best be characterized as ‘sociopathic.’

  1. The Call to Consmerism

One of the major avenues corporations have to making money is to foster a consumerist mentality. This isn’t so hard, as our lives are already made unfulfilling by a fundamental disconnection between humans and enslavement to the industrial machine. This fostering is the result of the various means by which corporations push products on us – copious advertizing, machinations in advertizing, the construction of malls and stores, etc.

Perhaps the worst outcome of consumerism is not its direct psychological effects or the tax on our time, but its effects on environment. It would be impossible for the whole world to live with the same luxuries as the United States, and it is impossible for the current levels of consumption to sustain themselves forever with their tolls on the environment, which include the extinction of 2,400 species daily (1,000 to 1,0000 greater than it would ‘naturally’ be), the deforestation of way over 150,000 km² a year, and millions of metric tons of pollution per year.

The fact that part of getting as much money from your pocket as possible is making products that don’t last nearly as long as they could greatly exacerbates the problem of environmental pillage and pollution.

  1. The Reinforcement of Selfism

Capitalism is demonically effective at producing materially productive win/win situations amongst groups of selfish people. It’s analogous to very strong Nash equilibrium. The source of selfism is a subject of its own, but the fact is that capitalism reinforces it by placing people into a context greater than they are where altruism is completely unnecessary for making a living and all cooperation is mere contract. Furthermore, success itself is defined by the dollar. There is little room for, let alone demand for, growth in the dimension of real cooperation, and aligning oneself to the values of one’s culture (or the perceived values, per the economical model, which thusly become the actual values) automatically becomes aligning oneself to selfism.

  1. Lobbying

It’s not that the economical rulers don’t already have more than enough power, but they unethically extend their power to legislation by hiring people to fake honest opinions on how things should be run for the good of society in order to mislead good-willed politicians toward their favor. Lobbying is a dispicable act and should by all means be made illegal. It is a mild form of treason. It’s hard enough for congressmen to do the Right Thing without being inundated per opinion whoring.

  1. Abuse of the Mind

Advertizing agencies do everything in their power to manipulate your mind using rules of psychology to get you to buy their product. Much of it you’re not even aware of; we are largely unconscious of our own mental processes, and so it’s naive to think we act as autonomously intelligent agents who are aware that a commercial is just a commercial and can thus make a well-balanced decision based on it. They wouldn’t use manipulative tactics if they didn’t work. You’re protected from the most devious of these tactics by law, but that doesn’t mean that what’s left is ethical or even acceptable. You wouldn’t tolerate psychological manipulation or button pushing from a sociopath, and you shouldn’t accept it from your friendly corporation. (Granted it’s not all that bad. Much of advertizing is innocuous enough, although all of it is a waste of effort and attention. Generally, if you really wanted/needed something, you could find out about it yourself if the information is put into an appropriate directory for reference.)

  1. Media Control

Media is 99% privately owned. 99% privately controlled. People with enough money to own, for example, a television network, or a newspaper, want one thing: more money. People with lots of money favor certain politicians (republicans for example), and the content of their media may reflect it. Are people generally dumb enough to vote for politicians based on what they hear on television? Yes.

  1. Exploitation

Just because employment is a consensual contract doesn’t mean that companies don’t exploit and abuse their workers. The fact is that you (virtually) need/to work for a company, and finding a job isn’t even that easy. It’s a buyers’ (corporations’) market, and they are the rule makers. So within legal limits, they can do anything they want with you. (The need for legal limits is evidence that corporations have the power to exploit their workers.) Not everybody can be an entrepreneur, and not everybody can live off the grid, or if they can, if they did there would be no capitalism. The corporations have almost all of the control.

  1. Imbalance of Wealth

A. The richer you are, the easier it is to get richer.
B. Not everyone can be rich; there just aren’t enough man-hours.

The divide between the rich and the poor is therefore always widening.

Also, being filthy rich implies a waste of human effort, because the rich spend their money on extravagances. If the time and effort that could otherwise be put into 20 houses is put into one really big house, is the fulfillment gained by the owner of that house really 20 times greater than a normal homeowner’s? It seems to me there is a principle of diminishing returns here. I know it seems ideal that if you have the money you deserve to be able to buy extravagances, but if you add up all the benefit produced by human effort in a society and divide by all the effort put into it, you get a smaller number when you have more very rich people; thus having lots of riches is a waste.

  1. Homelessness

The fact is that some people helplessly slip through the cracks of the system. You can get laid off, and if you’re unemployed for just a few months you may end up on the street. Bums seem to be in another world from us. We think that could never happen to us. They’re Not Like Us. But homelessness is always right around the corner, and yet we feel justified in looking down at the homeless and not helping them out resulting in their continuing to be homeless. Why do we feel that way? Because of capitalism is believed to be ideal and so if they don’t have a job, they obviously ‘don’t want to work’.

Just you wait and see how many humans come to oppose you. :unamused:

Capitalism = “freedom”, “justice”, “morally-correct”, etc. [For no real reason other than its existence as a form of economic banality.]

I wrote here about how tradition-based groupthink mimetics are the bulk of human values:
//No promoting of other forums on ILP. - Obw
And besides this, the sensation of “freedom” is often connected to irresponsability and power.

[btw I really like your thread here]

How is homeless necessarily connected to capitalism? Homelessness exists all over the world in quantities that far outweigh anything a capitalist nation has offered.

How is capitalist manipulation in itself wrong? Most products come about through demand, meaning that people WANT them, therefore they are only being manipulated into buying things they already want. Gee, I would sure love another high fat sugary food, POOF! One appears on a shelf. You have the choice not to buy that product if you don’t want to.

What about conscience? What am I supposed to be conscience of? If I am gaining a foothold in life at a company should I feel bad about it? Is self infliction your definition of conscience?

You are not referencing the ethical ground that you are using to critique capitalism. You must undoubtly have a specific ethical system in mind and what is that ethical system based upon? Your points are vey well thought through and very true, but with what do you plan to replace such a system?

Your 9 points against capitalism are justified, but in my opinion you have missed the most important point: most people are selfish, they love consuming (including advertisements) and are mostly just looking to satisfy their wants and be entertained. Sinister, power-hungry businessmen wouldn’t be able to run the world unless the people empowered them to do so and enjoyed the fruits of it. Therefore, a critique of capitalism has to be a critique of democracy, which seems to be absent from your 9 points except for a small acknowledgement in point 6.

Capitalism and democracy are of course not bound together by logical necessity, there are many examples of democratic societies which have embodied very different social values. But in today’s western world, it is quite evident that a capitalistic ethos is predominant in society, and democracy is the tool by which it is put into practice. To change this situation, you need to either change the dominant ethos or replace democracy with a better political system.

I guess, then, that it doesnt cause homelessness, in the sense that it would exist anyway. but maybe it does affect people’s views toward the homeless? or maybe without capitalism, generally, people come up with other reasons to dismiss the homeless. although wikipedia does list unemployment as a common critique of capitalism…

i think what you said about people getting the items they want is largely true, but its not exactly that simple. Wants can be more-or-less manufactured. People are impressionable. Theyre molded by their environment. that’s why we have advertisements, everywhere, all the time. like people aren’t already generally aware of the things they need? and the advertisements do a lot more than simply informing you of the facts of a product and its actual features. Why would they do that…? (not only more, but less – they dont really tell you that much about a product, even in the store you don’t get that much information, you’re just expected to buy it and find out. and listing a disadvantage of a particular product? unimaginable)
it’s not as simple as choice… if you manipulate the context of someones decision-making process, you manipulate their decision.

i guess you have a point about conscience. i feel guilty about doing everyday things because of their ultimate effect on the environment, and i don’t really have the gumption to change it…

My ethical system is that people should at least pursue their own passions without exploiting or hurting other people in the process, whether obliquely, subtly and trifingly or acutely and overtly – that, barring actual voluntary synergistic cooperation… i guess i can’t change people’s ethics, but i can talk about the economic system that has the power to draw out, sustain or encourage certain aspects of human “nature”, regarding their effects on the quality of life.

i don’t know what to suggest for a replacement to capitalism… I believe our inevitable fate as humans, as an intelligent species, is anarchist communism. I think stopgap systems are necessary, though. I’ve tried to find out about socialism, but it seems hard to find out much about its actual implemented structure, regarding exactly what things are controlled, what bodies control them and how they decide, what theyve decided, what the outcomes of these structures and decisions have been, etc. (I suppose I should buy a book on the Soviet Union one of these days.)
I came up with a brief socialist outline the other day, but I think I should share my idea for a simple modification to capitalism…

some of this i wrote the other day.

Maximum Wage

I know the immediate reaction to the idea of a wage cap is, for some people, a feeling of an affront to freedom itself. You want to believe, even though it will never happen, that it’s theoretically possible for you to live the American dream, to be a millionaire with a manson and a yacht, etc. But what I have to say to this is that money isn’t everything. There are far more important things than money, things that are trampled on by the singular focus of those in economic power on one factor: profit. And having too much money to spend on extravagances is ultimately a squandering of human effort anyway, regardless of what you did or didn’t do to ‘earn’ the money or how much money the doers of this frivolous effort got for it.

A wage cap gives us the best of two worlds. It gives us the advantage of an incentive to work hard, to create a business, to do what one is really passionate about, while reducing the disadvantages of profit-driven agendae: the will to ‘take advantage’ of employees, of patrons, of local small businesses, of the government, and of the environment.

The idea is only to limit personal income, not how much a company can reinvest in itself. So monumental projects and development can still be carried out. It wouldn’t necessarily slow the economy; arguably, it could even help the economy by funnelling more money into reinvestment as opposed to lavish end products.

I don’t know what the optimal wage cap would be, I’m thinking along the lines of US$300,000.

I suppose the obvious strategy to employing a 300K limit is to tax all income above 300K. This may not produce much tax revenue, as corporate owners will exercise their option to reinvest into the company instead. If it does, just imagine the projects the government can carry out for the good of the people.

The incentives to run a business, etc. while working under a wage cap would be: A. pursuing one’s passions (excluding the passion of making insane amounts of money by all means necessary and boiling down the passions that make the Earth turn to innocuous and altruistic passions), and B. ensuring that you can continue to make $300,000 per year for as long as possible. (If you have a multi-billion-dollar enterprise doesn’t that give you a little more security in the line of making $300,000 per year for the rest of your life?)

So this strategy would give one the best of capitalism while, in one sweep, eliminating the entire problem of the bourgeois.