Why are folks so anti-capitalist?

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I’m really not trying to be a dick, but uhh… Look around? The world is literally on fire and efforts to put it out or even to stop pouring more gas on it are put down at every turn by capitalists in the never ending pursuit of more money for it’s own sake.

Let’s start here: are you a capitalist? Do you own any actual capital? I don’t mean your own house or car, that is personal property not private property or anything resembling the means of production.

I ask because many people consider themselves capitalist when really they are just workers who happen to own a bit of personal property, and they make themselves essentially useful pawns for actual capitalists.

And, if you’re not an actual capitalist, why are you so pro capitalism?

I’m really not trying to be a dick, but uhh… Look around? The world is literally on fire and efforts to put it out or even to stop pouring more gas on it are put down at every turn by capitalists in the never ending pursuit of more money for it’s own sake.

Well I mean it’s unclear to me that we’re much worse than previous points in history. I’d rather have the climate crisis over the nuclear one, or either of the world wars, or live under a feudal system where I’m owned by the local lord in his castle.

I sympathize (and agree) with the belief that the current system isn’t serving everyone, much less serving everyone equally. But the world is a complicated thing and we’ve got >7 billion people to feed! I think we should be very careful before deciding “yeah it’s time to tear down the existing systems and hope that there are better systems out there”. It’s easier to make things worse than to make things better.

Let’s start here: are you a capitalist? Do you own any actual capital? I don’t mean your own house or car, that is personal property not private property or anything resembling the means of production.

I guess? I’ve wanted to start my own business a couple of times. I’m a programmer, so I’ve toyed with the idea and done some research into creating a few apps which I believe people would find useful, and might pay my bills. I don’t own a house or a car-- I live in an apartment in a mid-size US city.

I ask because many people consider themselves capitalist when really they are just workers who happen to own a bit of personal property, and they make themselves essentially useful pawns for actual capitalists. And, if you’re not an actual capitalist, why are you so pro capitalism?

I’m guessing you’d consider me a pawn, but I don’t. I fit your description of owning a bit of personal property, and being a worker. I’ve worked for some large companies in the past which are supposedly the “actual capitalists”. But I promise they don’t give two shits about social good (or social bad). They are just desperately trying to make products that people want to buy. In my view, it’s a pretty good system which constrains huge organizations like Apple to making devices, when the alternative is that they could be setting up their own governments.

Apple recently entered banking. So…

Yeah, and if they serve the needs of customers better, then they’ll be given encouragement (money). If they don’t, they’ll be given discouragement (they lose their investments). Seems like a good system, no?

Of course, corruption and regulatory capture subvert this system and are bad for everyone, but those are subversions of capitalism.

Are they really subversions? A pure capitalist society is determined purely by incentives and the rules of economy (supply and demand and such). If it’s in a business’s best interest to do something unethical, they will do it. They will band together to price fix, they’ll collaborate to pay workers the bare minimum, they’ll create monopolys and duopolies to get the most money possible, because in a capitalist society, money is the #1 incentive. Government regulations are anti-capitalist policies to prevent these things from happening - although maybe not as effectively as they should be, given how things are.

Capitalism is defined as a set of rules/regulations that allows people to own the capital that they produce. Regulatory capture is when an organization gains control of the regulations to subvert other people’s ability to own their capital. This is why I say that the more regulatory capture that happens, the less capitalist the system.

And yes! Capitalist systems heavily incentivize caring about money and nothing else. But the system also makes it so that when people act purely selfishly for money, that it results in good outcomes for everyone. That’s why I think it’s a good system.

For example, if organizations price-fix, it heavily encourages a third party to undercut them. If they try to prevent the third party by legal means, then that’s not capitalism.

But the system also makes it so that when people act purely selfishly for money, that it results in good outcomes for everyone.

Why do you think this??

Look at all the constant environmental disasters and harmful products that happened because corporations did the math and determined that paying a few million to lawsuits every once in a while is cheaper than being more careful. “Voting with your wallet” does not work because the big corporations undercut the competition and bombard us with advertising to ensure they will win no matter what.

Hell, most of us are on here because Reddit started doing scummy things in the name of money, and we’re a tiny fraction of their userbase; Reddit is still unfortunately doing pretty much fine. is that the best outcome for everyone?

And don’t forget that there are a lot of regulations passed in the last hundred years that were necessary because corporations were doing stuff like dumping so many chemicals into our waterways that rivers would constantly catch fire. This is what happens with unfettered capitalism.

The Cuyahoga River Caught Fire at Least a Dozen Times, but No One Cared Until 1969

Despite being much smaller than previous fires, the river blaze in Cleveland 50 years ago became a symbol for the nascent environmental movement

Smithsonian Magazine