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You're right. The problem isn't the corporations, it's the system that allows them to exist. We need a system that prices items based on actual costs: scarcity
by orthecreedence 7y ago
You're right. The problem isn't the corporations, it's the system that allows them to exist.
We need a system that prices items based on actual costs: scarcity of raw materials, labor, pollution, and difficulty of recycling/reuse.
Currently capitalism only prices in scarcity of raw materials and labor, and even those it does a pretty shitty job of. Whether the state controls industry or not is ancillary to the need for pricing actual costs into things, which capitalism is completely incapable of.
What's really needed is complete transparency in primary production, such that if I buy a TV, I can see all the manufacturers/shippers, all the inputs to production, and all the workers and what they are paid in order to make that TV. Then the individual can decide between the TV that takes a liter of oil to produce or a TV that used solar energy for 60% of its production.
I'm sick of people pretending that capitalism is "democracy through spending." We don't have the information needed to make it democracy through spending. The market pricing system obscures all useful information and aggregates it into a completely useless number.