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Capitalism is a great idea on paper, but completely ignores the realities of human behavior. It will never work, because people are not mindless drones. Why wou
by Robin_Message 17y ago
Capitalism is a great idea on paper, but completely ignores the realities of human behavior. It will never work, because people are not mindless drones. Why would anyone chose to receive "money" in exchange for their hard work? Why would anyone accept that people who prepare food and care for children should receive far less of what society creates (by being paid less "money") than people who organise other people into meeting other people who then build a rival to twitter?
Worker's cooperatives are a sensible system for organising labour. Notable in the UK are John Lewis (not quite a co-operative I think, but owned by its workers) which is doing surprisingly well ATM and the co-operative bank which survived the credit crunch with nary a whimper.
The pressure to sell out will always be there though, and given the essential fact that capital is winning, it seems unlikely labour can ever overtake. It is also hindered by the totally discredited communist movement and the fact it is deeply counter-cultural, e.g. against the protestant work ethic.
Also, the article you linked makes a fairly typical mistake of equating regulation, provision of public goods, and provision of merit goods with socialism, when really governments can do all of the above and still be deeply capitalist.
Also, in reply to "Only one system of government and economic theory has come close to delivering on the promise Socialism makes: the Republic and Free Market Capitalism found in the USA." Hey from Europe!
- viggity 17y agoWhy would child care takers make less money than people who build companies? It is called the laws of supply and demand. Child care workers are in abundant supply, require few skills to do properly. However, people who build extremely large businesses are far fewer in number and require a lot more specialized skills. Plus, there are plenty of people who try to build a company and fail and don't make anything. If your services/products aren't good enough for people to voluntarily exchange money for them, then the business fails.