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Thoughts on Capitalism?

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Jangsoodlor
Capitalism, wheter you like it or not, is the main economic ideaology of the world. And seems to be remained so for the forseeable future.

It introduced many people the opportunities to start a business and earn a living for themselves. Those businesses, by nature and in theory, will compete with each others in their respective markets, wheter by selling stuffs cheaper or by other means. Since customers have a lot of choices to choose, this will create incentive for companies to offer their customers with the most bangs for their bucks, or else they would go bankrupted. It is also regarded as the driving force behind innovations, since it's one way that you can stay ahead of your competitors.

But it is also said that due to the nature of the system, The bigger business will almost always outcompete the smaller ones. Eventually there will be only one or a handful companies doing a certain business left and it will creates monopolies, which is exclusive control by one group of the means of producing or selling a commodity or service. Those who held monopolies can charge as much as they want, because they're the only one left selling them. It's also believed that the rich may rigged the system since they can lobby politicians to pass laws that favored them. Many also criticised capitalism for creating wealth inequalities and labor exploitations.

What are your thoughts on this economic system?
Dementedjet
I mean, you kinda just told everything about it so there's not really much to add

I guess I'm relatively ok with the way the things are now, it's just that it's in our best interests to kinda shift the system where 'rich get richer and poor get poorer' in the other side. Plus, add some limitations to all those giant companies, since they are well on their way to monopolize the industry

It's just that, people are lazy, ok? Even if a person is unhappy with the current state of the market, they'll rarely organize a protest, since there will be retaliation from the government, which in most cases gets a share of company's profits from taxes, plus all the sold product in their country gets them that sweet cash. So, it's in the interests of the government to keep those companies getting richer to maximize their profits too. Also, the support for the new fresh companies in the same market is so puny compared to bigger companies', they usually shut down after, maybe a couple months of being there

I'd say a lot more things here but Imma save those for a debate vc if I would be in one
Patatitta
time to solve the world economical problem in an osu! forum


i'm not qualified at all to talk about the topic, but I feel a lot of the talk about capitalism or whatever is just tainted by the views of american patriotism and whatever, you cant really complain about capitalism on the internet without someone going "oh, at least we're not communist" or whatever.

Capitalism suffers from the same problems a lot of old economical/political system have worked, there are certain people with way too much fucking power and they're doing their best to keep it, this is not surprising at all, and they're using that capital in order to actually print misinformation and propaganda to keep capitalism the way it is.

Are there any better economical system? I do not know, I haven't really digged in, at the end of the day, i'm the world's most laughable centrist. But I think some elements that are currently being disputed like private health care should not exist. I believe that something like universal basic income could be a necessity to society in the future.

iven enough time, we will stumble onto a better economical system, thing is, we will probably fight a few wars before any country really agree to change. Criticism of capitalism must be done by asking very specific questions, rather than opinions on the system itself, as it's hard to criticize capitalist without reinforcing it
UPR
I am okay with capitalism, it is not the best (me being a wagie disillusioned me heavily to that) at the same time though I don't hate it, but I wish it was better. Which is probably the hard part unfortunately, however with enough time I can see things changing, it will just take time
Dementedjet

Patatitta wrote:

you cant really complain about capitalism on the internet without someone going "oh, at least we're not communist" or whatever.
Almost said that in my response

But yeah, we can't really judge the whole system since it's more complicated than just 'man make money man happy'
Patatitta

Dementedjet wrote:

Patatitta wrote:

you cant really complain about capitalism on the internet without someone going "oh, at least we're not communist" or whatever.
Almost said that in my response

But yeah, we can't really judge the whole system since it's more complicated than just 'man make money man happy'
oh no, I'm not saying we can't really judge the whole system becauese it's hard, I mean that capitalism is a beast


Let's say you live in a capitalist society, and you HATE capitalism, you have good arguments on why capitalism is bad and you write the book. You're a writter, writting book is your job, and you need money to live. The only way for you to obtain money is by selling your books.

You finish your book agaisnt capitalism and publish it, selling it for money since you need it to live. The book sells really well, you're now in a higher class, and the act of selling the book under that capitalist system has only reinforced capitalism. Your act of criticism has only caused more capitalism, In order to criticize capitalism, you must take part in capitalism.

Not only that, but you cant just write a paragraph and expect it to sell, you need to market your book, you sometimes may need some higher budget and you rely on capitalist banks, there isn't a space where you can criticize the system without that cricism being activly influenced by the same thing you're criticizing

Now, in top of that, you have people at the very top who are making their best to keep the system as it is, in fact, moving it into more capitalism with shit like neoliberalism and stuff

what is the ethical way to actually criticize capitalism?, the best I know how to do without resorting to violence (which may or may not be a needed option in order to take certain political action...) is just to talk about very specific issues inside the system, like the example of universal vs private healthcare I named, but that itself isn't really tackling the problem by it's root

It's a hard life, and while I don't know what is a better alternative than capitalism and what information is reliable and not pure propaganda (if that even exists), I can see that problem, where capitalism is nearly an untouchable system, people at the top are maintaining it, the middle class are blinded by patriotism and it's really difficult to criticize capitalism without being part of it and for it to make an effect on society

I don't know if this is an issue that only capitalism has either, but I do think it is a very real thing
DM FOR MUTUAL
I wish everyone was just super nice and everyone cared about everyone else instead of themselves and we could all live in a global socialist utopia where all we had to care about is global warming and resource management and not silly things like poverty or whatever

But sadly that is not human nature so we got capitalism for now

As for my opinion on capitalism, it's definitely a lot better than some other things we had in the past, but there's still a lot of bad things about capitalism as it is now, it definitely could be better

Idk if there's something that's better than capitalism because I haven't done any research, and if that better economic/societal system did exist idk if it'd be feasible to implement it somehow with how engrained capitalism is

I'd say that capitalism would be better if we could change it in ways to lessen power imbalances and increase quality of life overall


Patatitta wrote:

Criticism of capitalism must be done by asking very specific questions, rather than opinions on the system itself, as it's hard to criticize capitalist without reinforcing it
I don't really agree with this point though, I'd argue that capitalism is so omnipresent that the impact of the criticism would outweigh/be more important the positive reinforcement capitalism gets from that criticism, and it's definitely better than having no criticism that targets capitalism as a whole because all the critics are afraid of reinforcing capitalism with it
Reyalp51
Money bad
Waifu good
Giving money to waifu
Waifu happy
Me happy
Money good
anaxii

Reyalp51 wrote:

Money bad
Waifu good
Giving money to waifu
Waifu happy
Me happy
Money good
money good
waifu bad
don't give money to waifu
waifu gone
me happy
money still good

you cannot change that
Simon12

Jangsoodlor wrote:

Capitalism, wheter you like it or not, is the main economic ideaology of the world.
I think capitalism is a stateless system, socialism is an egalitarian system and anything inbetween is a mixed economy. Where do you draw the line?
Corne2Plum3
What's causing our end
ChexMix
I think the book Capitalist Realism by Mark Fisher is a book that this thread should read. I haven't read it yet, I'm working on a list of books i have stocked up, but I think it describes why we can only think of capitalism as our only answer for a economic system.

Simon12 wrote:

Jangsoodlor wrote:

Capitalism, wheter you like it or not, is the main economic ideaology of the world.
I think capitalism is a stateless system, socialism is an egalitarian system and anything inbetween is a mixed economy. Where do you draw the line?
How is capitalism stateless?



Patatitta wrote:

Dementedjet wrote:

Patatitta wrote:

you cant really complain about capitalism on the internet without someone going "oh, at least we're not communist" or whatever.
Almost said that in my response

But yeah, we can't really judge the whole system since it's more complicated than just 'man make money man happy'
oh no, I'm not saying we can't really judge the whole system becauese it's hard, I mean that capitalism is a beast


Let's say you live in a capitalist society, and you HATE capitalism, you have good arguments on why capitalism is bad and you write the book. You're a writter, writting book is your job, and you need money to live. The only way for you to obtain money is by selling your books.

You finish your book agaisnt capitalism and publish it, selling it for money since you need it to live. The book sells really well, you're now in a higher class, and the act of selling the book under that capitalist system has only reinforced capitalism. Your act of criticism has only caused more capitalism, In order to criticize capitalism, you must take part in capitalism.

Not only that, but you cant just write a paragraph and expect it to sell, you need to market your book, you sometimes may need some higher budget and you rely on capitalist banks, there isn't a space where you can criticize the system without that cricism being activly influenced by the same thing you're criticizing

Now, in top of that, you have people at the very top who are making their best to keep the system as it is, in fact, moving it into more capitalism with shit like neoliberalism and stuff

what is the ethical way to actually criticize capitalism?, the best I know how to do without resorting to violence (which may or may not be a needed option in order to take certain political action...) is just to talk about very specific issues inside the system, like the example of universal vs private healthcare I named, but that itself isn't really tackling the problem by it's root

It's a hard life, and while I don't know what is a better alternative than capitalism and what information is reliable and not pure propaganda (if that even exists), I can see that problem, where capitalism is nearly an untouchable system, people at the top are maintaining it, the middle class are blinded by patriotism and it's really difficult to criticize capitalism without being part of it and for it to make an effect on society

I don't know if this is an issue that only capitalism has either, but I do think it is a very real thing
i think the solution to this is understanding that you can criticize a society while living under it. If you want to function and live a life in capitalism, you have to participate in it and do things that would make any neckbeard true socialist cry.
anaxii
delete Capitalism please
Simon12

ChexMix wrote:

How is capitalism stateless?
States forcefully redistribute property. Capitalism respects ownership.
B0ii
hot take: any system that is put in place can be and will be exploited in some way. not just capitalism
Simon12

B0ii wrote:

hot take: any system that is put in place can be and will be exploited in some way. not just capitalism
What is exploitation? What is fair?
anaxii

Simon12 wrote:

B0ii wrote:

hot take: any system that is put in place can be and will be exploited in some way. not just capitalism
What is exploitation? What is fair?
Google exists
Neigdoig
It depends on what form exists. When it comes to Free Market Capitalism, where everyone can compete to make better services or products without the fear of being outright bought and controlled, this is the old-school and Messianic way to do it.

Corporatism on the other hand is a different story, and it's bad news. It's not Messianic and is linked to greed, which is then linked to crime, which is linked to all kinds of other nasty surprises people will eventually find about a corporatist.
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