Because it’s unsustainable and actively degenerates everything in its environment in pursuit of an insatiable need for capital growth.
Saying capitalism isn’t that bad is like saying early stage cancer isn’t that bad. It doesn’t change the nature of the cancer and what it will become unabated.
Going with the cancer metaphor, what does “late-stage” capitalism look like? How do we know that it will happen? Are there any other possible timelines that has something resembling capitalism but is not terrible? Capitalism is a pretty broad term that can describe all types of economies from the american gilded age to modern social democracies, and while I would certainly consider various forms of extreme capitalism to be cancerous to a functioning society, are they truly representative of all types of capitalist systems?
Anti-capitalism is centered around removing power from holding capital. By tying power to capital, there is an incentive to accumulate capital in disproportionate exchange.
Anti-capitalism is NOT anti-market. Markets are an economic tool used in all economies. Socialism is offered as an alternative to shift power to collective agreement through direct vote (direct democracy) or reprentative agreement (republic). By not granting economic goverance to a democratic government, there is a limitation on the ability to keep commodities responsibly sourced and consumed.
Capitalism means that we vote with our dollar and when those with capital have more votes and those without, they control policy generation and governance.
Based on your definition of what it means to be “anti-capitalist” vs “anti-market” I think there may be a difference between the definitions of capitalism we are working under. Could you give me your definition of capitalism?
While I do understand that non democratically accountable forms of economic activity may harmful or explotative in many situations, I do also see the argument for private ownership of “the means of production”, in so far as it can be beneficial to the overall effectiveness and efficiency of production and innovation. I don’t think anyone can scientifically or even philosophically completely justify one economic system over the other, and that so far, a mix of the two has been what most countries have settled on.
Capitalism means that we vote with our dollar and when those with capital have more votes and those without, they control policy generation and governance.
One last thing I’d like to point out, while in capitalism, the collective choices of those with money decide what products are made and services provided, this decision power doesn’t (and shouldn’t!) in well-functioning democracies extend to the government. I do understand the concern of large accumulations of wealth causing large imbalances of power which then affects government policy, and I believe this is a major problem (especially generational wealth). But I do not believe it is one that cannot be prevented and protected against, nor do I believe it is a defining property of “capitalism”.
I like capitalism. It is cool sometimes.
(Comment gets downvoted to oblivion)
Edit: would someone care to explain why there are no cases in which capitalism is cool?
Because it’s unsustainable and actively degenerates everything in its environment in pursuit of an insatiable need for capital growth.
Saying capitalism isn’t that bad is like saying early stage cancer isn’t that bad. It doesn’t change the nature of the cancer and what it will become unabated.
Going with the cancer metaphor, what does “late-stage” capitalism look like? How do we know that it will happen? Are there any other possible timelines that has something resembling capitalism but is not terrible? Capitalism is a pretty broad term that can describe all types of economies from the american gilded age to modern social democracies, and while I would certainly consider various forms of extreme capitalism to be cancerous to a functioning society, are they truly representative of all types of capitalist systems?
Edit: spelling
Anti-capitalism is centered around removing power from holding capital. By tying power to capital, there is an incentive to accumulate capital in disproportionate exchange.
Anti-capitalism is NOT anti-market. Markets are an economic tool used in all economies. Socialism is offered as an alternative to shift power to collective agreement through direct vote (direct democracy) or reprentative agreement (republic). By not granting economic goverance to a democratic government, there is a limitation on the ability to keep commodities responsibly sourced and consumed.
Capitalism means that we vote with our dollar and when those with capital have more votes and those without, they control policy generation and governance.
Based on your definition of what it means to be “anti-capitalist” vs “anti-market” I think there may be a difference between the definitions of capitalism we are working under. Could you give me your definition of capitalism?
While I do understand that non democratically accountable forms of economic activity may harmful or explotative in many situations, I do also see the argument for private ownership of “the means of production”, in so far as it can be beneficial to the overall effectiveness and efficiency of production and innovation. I don’t think anyone can scientifically or even philosophically completely justify one economic system over the other, and that so far, a mix of the two has been what most countries have settled on.
One last thing I’d like to point out, while in capitalism, the collective choices of those with money decide what products are made and services provided, this decision power doesn’t (and shouldn’t!) in well-functioning democracies extend to the government. I do understand the concern of large accumulations of wealth causing large imbalances of power which then affects government policy, and I believe this is a major problem (especially generational wealth). But I do not believe it is one that cannot be prevented and protected against, nor do I believe it is a defining property of “capitalism”.
Careful this sub is full of people who are actual communists.
I like communism too, it can be cool sometimes as well.