Why are folks so anti-capitalist?
Why are folks so anti-capitalist?
Because it’s objectively unsustainable? I don’t really get what it even means to be “pro capitalist” at this point. We know, for a fact, that capitalism will lead to disaster if we keep doing what we’re doing. Do you disagree with that? Or do you not care?
What is your general plan for what we should do when we can see that something we currently do and rely on will have to stop in the near future? Not that we will have to choose to stop it, but that it will stop because of something being depleted or no longer possible.
If you imagine that we’re trying to find the best long-term system for humanity, and that the possible solutions exist on a curve on an X/Y plane, and we want to find the lowest point on the function, capitalism is very clearly a local minima. It’s not the lowest point, but it feels like one to the dumbass apes who came up with it. So much so that we’re resistant to doing the work to find the actual minima before this local one kills literally everyone :)
Capitalism itself isn’t really the problem though, a free market economy should work. The issue is that the owners, be they corporate or private, don’t view their workforces the same way.
The greed of those at the top is crippling the very people that are driving the economy.
The greed is baked into capitalism, though, because it’s fundamentally baked into humanity. This is what happens with the unregulated pursuit self interest, and that’s what capitalism encourages.
Because markets inherently aren’t “free”. Real competition is an illusion because capitalism doesn’t account for all the non-capitalist levers (e.g regulatory capture, cronyism, collusion, political lobbying, etc) that businesses will pull to serve their own interests.
Capitalism is an incredibly naive approach to economics because its ability to account for human behavior – the fundamental driver of economic systems – is rudimentary at best. And that’s just one of its problems, really.