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Depends on your definition of success.If one is Thinking of the long-term viability of the human race then capitalism can only be seen as a disaster if you look

Depends on your definition of success.If one is Thinking of the long-term viability of the human race then capitalism can only be seen as a disaster if you look at it from a ecological perspective.

emteycz 5y ago
Capitalism doesn't happen without state and it is defined by the state, so it's a failure of state regulation, not capitalism itself. States must set different regulation and/or incentives. It's perfectly possible to have 100% ecological capitalism.
- pydry 5y ago
  Capitalism is the engine behind the pay-to-play nature of the political processes and the supporting propaganda that triggers those failures. You cant separate capitalism from, for example, the decades of amplified Koch propaganda attacking environmental regulatory prudence and buying up politicians. The Kochs respond to incentives just like everybody else. >It's perfectly possible to have 100% ecological capitalism. Only with a shallow and one dimensional view of what capitalism really is and how a state actually functions.
  - FredPret 5y ago
    Pay-to-play happens in every single society. The bigger the government, the more benefit there is in engaging in this behaviour.
    - pydry 5y ago
      Corruption of some form usually exists in every society but this form is something a bit special. r > g means that the power accumulates at a geometric rate without countervailing forces. What this means is that capitalism requires an exceptionally tight leash to not spin out of control. The mere presence of voting isnt enough.
      - robertlagrant 5y ago
        It's hard to know what you're saying here. What is "spin out of control" and why do you think it isn't addressed by competition and regulation?
        pydry 5y ago
        I'm saying that when it comes to regulation the sausage is mostly shaped by the same monopolists you naively assume it would protect us from. And capital has a tendency to kill off competition you assume will just appear and magically take over.
        emteycz 5y ago
        It's not assumed, that's the objective of state: To create a sustainable and consumer-oriented market through regulation and incentives.
        pydry 5y ago
        This is again, a feelings-based assumption. States do not behave according to this goal.
        emteycz 5y ago
        It's not a feelings based assumption, it's the role of liberal democratic states determined by the basic principles of democracy. That the states do not fulfill their role is their own fault.
        robertlagrant 5y ago
        > This is again, a feelings-based assumption What feelings are you talking about?
  - robertlagrant 5y ago
    > Capitalism is the engine behind the pay-to-play nature of the political processes and the supporting propaganda that triggers those failures. No it's not. Greed is. Corruption happens everywhere, and as ever, a Communist state where government is far more powerful will be more corruptible.

Depends on your definition of success.If one is Thinking of the long-term viability of the human race then capitalism can only be seen as a disaster if you look at it from a ecological perspective.

emteycz 5y ago

Capitalism doesn't happen without state and it is defined by the state, so it's a failure of state regulation, not capitalism itself. States must set different regulation and/or incentives. It's perfectly possible to have 100% ecological capitalism.

pydry 5y ago
Capitalism is the engine behind the pay-to-play nature of the political processes and the supporting propaganda that triggers those failures. You cant separate capitalism from, for example, the decades of amplified Koch propaganda attacking environmental regulatory prudence and buying up politicians. The Kochs respond to incentives just like everybody else. >It's perfectly possible to have 100% ecological capitalism. Only with a shallow and one dimensional view of what capitalism really is and how a state actually functions.
- FredPret 5y ago
  Pay-to-play happens in every single society. The bigger the government, the more benefit there is in engaging in this behaviour.
  - pydry 5y ago
    Corruption of some form usually exists in every society but this form is something a bit special. r > g means that the power accumulates at a geometric rate without countervailing forces. What this means is that capitalism requires an exceptionally tight leash to not spin out of control. The mere presence of voting isnt enough.
    - robertlagrant 5y ago
      It's hard to know what you're saying here. What is "spin out of control" and why do you think it isn't addressed by competition and regulation?
      - pydry 5y ago
        I'm saying that when it comes to regulation the sausage is mostly shaped by the same monopolists you naively assume it would protect us from. And capital has a tendency to kill off competition you assume will just appear and magically take over.
        emteycz 5y ago
        It's not assumed, that's the objective of state: To create a sustainable and consumer-oriented market through regulation and incentives.
        pydry 5y ago
        This is again, a feelings-based assumption. States do not behave according to this goal.
        emteycz 5y ago
        It's not a feelings based assumption, it's the role of liberal democratic states determined by the basic principles of democracy. That the states do not fulfill their role is their own fault.
        robertlagrant 5y ago
        > This is again, a feelings-based assumption What feelings are you talking about?
- robertlagrant 5y ago
  > Capitalism is the engine behind the pay-to-play nature of the political processes and the supporting propaganda that triggers those failures. No it's not. Greed is. Corruption happens everywhere, and as ever, a Communist state where government is far more powerful will be more corruptible.