Why are folks so anti-capitalist?

https://programming.dev/post/808854

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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 :)

Because it’s objectively unsustainable?

I don’t think we know that. Indeed, what we’re currently doing as a species to the environment is unsustainable. But it’s not clear to me how it’s the capitalism that’s the unsustainable part. My understanding is that capitalism is a system which allows us, as a society, to produce things very efficiently, and to distribute resources. It hasn’t failed in that role, has it?

I don’t really get what it even means to be “pro capitalist” at this point.

I believe that, for example, if I wanted to open a bookshop, I should be able to. Or that if I wanted to rent a couple of 3D printers and sell widgets, that I should be able to. Or if I wanted to hire some dude on fiverr to write some music to my screenplay, I should be able to. This is capitalism. Do you disagree? This is what confuses me, and why I asked the question-- on my side of the fence, I don’t really understand what it means to be anti-capitalist. Hence why I asked.

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?

Well no need to be rude! Of course I care! And yes, we’re headed towards disaster in terms of the environment. But I don’t understand, like I said above, how capitalism is causing it and how not-capitalism would solve it. We have 7 billion people on the planet and they all need to be fed. Capitalism is the most efficient system we know of to create and allocate resources. Should we… move to a less efficient system? Wouldn’t that be worse for the environment? How does that solve anything? This is my confusion.

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.

This is an interesting question! I’m parsing it to mean “how can the current problems be solved within a capitalist system?”. It’s a good question, and I don’t have a 100% guaranteed answer. But I don’t see that any capitalism alternative has a good answer either, so still I don’t see how capitalism is the “bad guy”.

In any case, my answer is this: A side effect of all of capitalist driven efficient production is that the environment is harmed. Here, I think the governing bodies have failed in their roles: their role is to define what “capital” means and rules of ownership. They haven’t done that for environmental concerns, which is why capitalism isn’t taking it into account properly. My desired solution is that the government could define a “total amount of carbon emissions” that would be allowed by the country as a whole, and then distribute transferrable carbon credits on the open market. This turns “rights to emit carbon” into a form of capital, and capitalism will do what it do and optimize for it.

In essence, I believe that governments have done a bad job of using the tool of capitalism to solve the problem of pollution.

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

Great analogy! But… have we seen a lower minimum? What’s the rationale behind that system? That’s my question

produce things very efficiently,

Read about externalities.

And the radium girls.

Yes! I’m aware of externalities, and agree that these are a side-effect of capitalism. My belief is that externalities are failures of the governing bodies to correctly define the “rules of ownership”. Once that’s done, the externality is resolved. This is an ongoing effort that’s necessary to properly use capitalism.

In my opinion, saying “capitalism is bad because of externalities” is like saying “I used an electric saw without installing the safties and it had bad side effects”.

Quoting my response (link: programming.dev/comment/1167093) for how I believe that environmental concerns are an externality that can be addressed here:

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.

This is an interesting question! I’m parsing it to mean “how can the current problems be solved within a capitalist system?”. It’s a good question, and I don’t have a 100% guaranteed answer. But I don’t see that any capitalism alternative has a good answer either, so still I don’t see how capitalism is the “bad guy”.

In any case, my answer is this: A side effect of all of capitalist driven efficient production is that the environment is harmed. Here, I think the governing bodies have failed in their roles: their role is to define what “capital” means and rules of ownership. They haven’t done that for environmental concerns, which is why capitalism isn’t taking it into account properly. My desired solution is that the government could define a “total amount of carbon emissions” that would be allowed by the country as a whole, and then distribute transferrable carbon credits on the open market. This turns “rights to emit carbon” into a form of capital, and capitalism will do what it do and optimize for it.

In essence, I believe that governments have done a bad job of using the tool of capitalism to solve the problem of pollution.

Why are folks so anti-capitalist? - programming.dev

Hi all, I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence. If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else. Cheers!

It’s not a side effect, it’s an effect. It’s a feature. If companies could, they would externalize everything they could. Including paying workers as little as they can, or externalizing the health problems with the work (see radium girls).

What you place as failure of the governing body is actually a success of the lobbying industry. You know, businesses.

By the way capitalism wants no governing body. You are putting in a factor (govt) which inherited unfettered capitalism does not want to have and (effectively) actively tries to get rid of. And the fun part is you ascribe the failures of capitalism to the government. Funny how that works, huh.

How would giving complete economic power to the government eliminate special interests? Sure, it lowers their economic power in dollar terms but it does not lower their influence or incentives.

It’s funny that people think it needs to be 100% one way government has “complete economic power”, or 100% the other way unfettered capitalism, absolutely no rules, no regulation, free for all.

The short answer is: we need regulation. Businesses can run, but they shouldn’t decide the rules.

Regulation is still capitalism. People in the western left and right seem to have forgotten this. The means of production are owned by private individuals. That’s just laws. It’s an equal playing field. Government programs are where it starts to get muddied.
I would say you can have capitalism with regulation. But regulation itself is not capitalism. Rules that are not based on market forces are literally outside capital forces.
Sure but it does not change the system from a capitalist one so it is still capitalism regulated by market forces.

You are the one that said “complete economic power to the government” and I am the one that said “The short answer is: we need regulation. Businesses can run, but they shouldn’t decide the rules.” Do you see that? “Businesses can run”.

so it is still capitalism regulated by market forces.

No, it is not regulated only by market forces. We have introduced many, many non-market based regulations and rules. Absolute tons of rules and regulations are not market based. And like I said “Rules that are not based on market forces are literally outside capital forces.”

We have regulated capitalism, not “capitalism regulated by market forces”.

I predict you’re going to keep doing weird attempts to say “but capitalism” and we’re already at the point where I just point out what I’ve already said, so have fun.

If the ownership of the means of production is still held privately, it is still capitalism. That’s the base definition. I’m sorry but you just don’t understand basic definitions.

It’s a very loose term to begin with but that’s it.

www.google.com/search?q=define+capitalism

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