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Topic: Is Capitalism Flawed? - page 2. (Read 3126 times)

legendary
Activity: 2562
Merit: 1441
August 12, 2017, 05:27:25 AM
#95
In a capitalist country with 2 million people, all 2 million have the freedom to start a business, innovate, build better things.

In a socialist country with 2 million, only a small fraction will have the freedom to start a business, innovate, build a better product.

Capitalism although not perfect is a superior system for innovation and advancement. This is why russia and china have been forced to adopt free markets of capitalism over time. Its also the reason why venezuela a country rich in oil has suffered by attempting to nationalize toyota and making constant attacks on the private sector under a pro socialist banner which have reduced standard of living to a dramatic degree.

The thing socialism is best for is keeping people from having electricity and modern plumbing the way socialist north korea forces its people to live in an era before electricity was discovered. Socialism is only good for restricting innovation and progress and keeping people enslaved.
sr. member
Activity: 420
Merit: 266
August 12, 2017, 04:26:30 AM
#94
Capitalism has a lot of problems. But it seems to me that he is invincible. I recommend reading the books and small articles of the Slovenian political philosopher Slavoj Zizek. You can find it on the Internet. He wrote a lot about the problems of capitalism from the standpoint of modern Marxism. He opens our eyes to modernity.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 12, 2017, 01:48:09 AM
#93
But the real tragedy is: what is the better system?

I like the idea of an open source society of sorts, kinda like what Jaque Fresco described (Resource Based Economy). But I don't see it in practice. While im willing to give up on dreams of ridiculous opulence if it helps making an RBE viable, it doesn't matter, because in practice there will always be someone that gets a monopoly of power and subjects others. It would take maybe a couple thousand years for the species to get anywhere close to that. Until then, you better be getting some money because otherwise you are fucked

This holds true in any circumstance

As they say, it is better to cry in a Mercedes than on a bus. That said, I don't really think we need a few thousand dollars years to see changes (any changes, for that matter). Could someone imagine today's world (I refer to Internet obviously) some 50 years ago? I suspect no one could. In this manner, we can't really say what we we are to expect and likely see with our own eyes (as well as feel with our skins) what the world will be in another 50 years. More specifically, the core change might be the destruction of power monopoly. Till cryptos came about, there had always been a state monopoly on money (even when gold was money), but this is no longer the case. And if something like that happens to power monopoly, the effect would be even more dramatic and profound
sr. member
Activity: 464
Merit: 260
August 11, 2017, 08:26:08 PM
#92
capitalism is the best model out there.  To me the only caveat is that people still need to have compassion and help those in need.  Capitalism affords people to make that choice.  Hopefully, their moral code helps to make sure they do the right thing.
hero member
Activity: 1400
Merit: 536
August 11, 2017, 08:21:10 PM
#91
I agree that in capitalism it has all this, but it is still the best system

The Best system? @_@

Capitalism is an economic form of slavery...in one case, you buy a man and take advantage of his work. In the other case, one buys the conditions of possibility of work, and therefore, under ordinary conditions, the survival of a man, and one takes advantage of his work.
The aim is thus the same: to take advantage of the work of others (which is the own of capitalism, since its purpose is to increase the capital by making the right investments).
I don’t really believe a rich man works more hours than an average man.
Rich men employs the average and poor to work in their favour. So I think an average and poor man works much more, while the rich man eats the bigger cake.

On the basis of this is the inheritance system, I do not think that if I get rich a day, I will not leave my children inherited, because I will start the process to donate the inheritance system to human beings.
legendary
Activity: 1358
Merit: 1014
August 11, 2017, 08:03:05 PM
#90
I agree that in capitalism it has all this, but it is still the best system

The Best system? @_@

Capitalism is an economic form of slavery...in one case, you buy a man and take advantage of his work. In the other case, one buys the conditions of possibility of work, and therefore, under ordinary conditions, the survival of a man, and one takes advantage of his work.
The aim is thus the same: to take advantage of the work of others (which is the own of capitalism, since its purpose is to increase the capital by making the right investments).




I agree with your basic description of capitalism, it is really slavery, specially when you consider the fact that most of you earnings go to tax, shelter, food, transportation to and from work, healthcare, 10 different insurances you need to have because you cant afford to not have them, and at the end of the day youre working for fuck all, most factory workers have no savings at all and literally live from paycheck to paycheck and are to scared to leave their job due to the fact they cannot afford to be unemployed for a week because they have a family to feed. This is, for want of a better word, slavery. Just prepackaged in bullshit to make it seem attractive to the average human being.

But the real tragedy is: what is the better system?

I like the idea of an open source society of sorts, kinda like what Jaque Fresco described (Resource Based Economy). But I don't see it in practice. While im willing to give up on dreams of ridiculous opulence if it helps making an RBE viable, it doesn't matter, because in practice there will always be someone that gets a monopoly of power and subjects others. It would take maybe a couple thousand years for the species to get anywhere close to that. Until then, you better be getting some money because otherwise you are fucked.
hero member
Activity: 2828
Merit: 611
August 07, 2017, 06:38:30 PM
#89
I agree that in capitalism it has all this, but it is still the best system

The Best system? @_@

Capitalism is an economic form of slavery...in one case, you buy a man and take advantage of his work. In the other case, one buys the conditions of possibility of work, and therefore, under ordinary conditions, the survival of a man, and one takes advantage of his work.
The aim is thus the same: to take advantage of the work of others (which is the own of capitalism, since its purpose is to increase the capital by making the right investments).
I don’t really believe a rich man works more hours than an average man.
Rich men employs the average and poor to work in their favour. So I think an average and poor man works much more, while the rich man eats the bigger cake.
hero member
Activity: 560
Merit: 500
August 06, 2017, 11:02:21 AM
#88

This is what people typically say

They innocently assume that all this automation appears out of thin air like banks are creating money. But industrial production is not banking. All these robots have to be first designed and then manufactured somewhere, and I promise you that somewhere deep down the line there will always be quite a lot of human labor involved. To get an idea, look at the history of automotive industry. It seems like it destroyed quite a few jobs in some sectors but it created many more jobs in other sectors as well as created entirely new ones. It's the same with automation and robotics, they just move human labor to other fields, and since they are more complex technologies, this necessarily means that more human labor is required in other fields. In other words, you can't escape the complexity loop

But average people cant take complex jobs.

Not everyone can be an AI programmer, a mechanical engineer or a mathematician.

Most people are bartenders, supermarket clerks or similar king of jobs.

Here is the news for you, they are already phased out:

* https://www.theverge.com/2016/12/5/13842592/amazon-go-new-cashier-less-convenience-store


The simple jobs get phased out as fast as lightning. The complex jobs remain for the latest, but they will be phased out too. After all an AI is probably a better engineer than humans.

There is no solution to this than to just abandon this flawed system.



Its wrong to assume, that capitalism had ever worked. The USA capitalistic success is a myth most of the time. USA had developed rapidly thanks to world wars and the decline in europe economy.

Usa was mainly a country that had a stunning inefficiency and corruption never else seen in the world. It still has and still will have. That would be seen by everyone how inefficient USA is, if not OPEC and oil based dollars would save its economy.

Its all fraud - there is no good capitalism. If not electricity, and combustive engine there would be no place for growth, no matter what economic system we would live in.

The only real wealth is technology - not economic systems. We should not fear using the technology, and learn about the new ones. Thats the only way for more wealth.

We should abandon the rigid school system that makes people stupid and make new ways of teaching and learning. Talking about economical system is basicly a talk who takes from whom - thats a theft. We need to focus on wealth creation not its distribution.
sr. member
Activity: 392
Merit: 250
August 05, 2017, 10:18:32 AM
#87
Equity is always better than equality. We can't snatch someone's income just because he is earning more than others as his earnings are owed to his skills, talent, experience etc. However mere capitalism should not be implemented, it should be mix with element of equity comprising just, fair treatment to everyone. So mixed economy is best alternative.  
sr. member
Activity: 406
Merit: 255
August 05, 2017, 10:14:36 AM
#86
Capitalism is not flawed. I do think that all economic systems have a right to exist. Vicious only those who receive the right to realize the idea of development of the country. They always put their own interests above those of the state and is able to ruin any good idea.
legendary
Activity: 2562
Merit: 1441
August 05, 2017, 10:06:07 AM
#85
The Best system? @_@

Capitalism is an economic form of slavery...in one case, you buy a man and take advantage of his work. In the other case, one buys the conditions of possibility of work, and therefore, under ordinary conditions, the survival of a man, and one takes advantage of his work.
The aim is thus the same: to take advantage of the work of others (which is the own of capitalism, since its purpose is to increase the capital by making the right investments).

Under capitalism, everyone has the freedom and the right to own property, start a business, own the ideas or inventions they patent. There are many benefits to capitalism which celebrities, schools and media ignore due to them all having pro-socialist/anti-capitalist bias. Many immigrants from foreign lands move to a capitalist country, start a business which they use to buy a house & put their children through college.

Under socialism, people do not have the freedom or right to own property, patent their ideas or inventions or even start a business. The state owns and controls everything. These limitations restrict progress, development and innovation in civilization. The united states being a hotbed of inventions and R&D is due to it being a capitalist society.

As bad as capitalism can be in some instances, socialism is always worse.

sr. member
Activity: 560
Merit: 257
August 05, 2017, 08:21:23 AM
#84
Like everything in human history and life is flowed, capitalism is flowed too. It have its good things and also it have its bad things. I agree with what you wrote, and i do not deny that. I think that in order for us to evolve we need to go true some certain things, capitalism maybe is one of those. I believe that in future there will be arrangement that will be better.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 05, 2017, 08:17:20 AM
#83
And while you may have some substance behind your claim that the majority of population don't have enough brains (though this is debatable), the technology may be specifically intended to address this issue. In fact, even simple calculators do exactly that, though on a rather primitive level, of course


After all, any technology hinges on making human life better and easier in some way or other

Transhumanism? I havent considered that possibility

But you certainly should have

Though I wouldn't call that transhumanism or any other such scary word. In fact, we are moving in that direction all human history. Even a simple and rough stone axe can be considered as a tool augmenting human capabilities. Any working vaccine heavily tampers with human immune system (since otherwise it wouldn't work), so we are effectively already there (and for many years at that), whether you like it or not. In other words, it is a matter of degree, not of kind. Regarding experiences, what do you feel when you calculate some fancy numbers using a calculator? I don't think it would feel particularly different if you had a sort of "calculator" built directly into your brain (this is indeed an oversimplification of matters but it outlines the whole picture nevertheless). If anything, humans will remain the same humans in respect to their self-recognition and self-awareness
sr. member
Activity: 531
Merit: 258
August 05, 2017, 08:13:42 AM
#82
I agree that in capitalism it has all this, but it is still the best system

The Best system? @_@

Capitalism is an economic form of slavery...in one case, you buy a man and take advantage of his work. In the other case, one buys the conditions of possibility of work, and therefore, under ordinary conditions, the survival of a man, and one takes advantage of his work.
The aim is thus the same: to take advantage of the work of others (which is the own of capitalism, since its purpose is to increase the capital by making the right investments).

hero member
Activity: 854
Merit: 1009
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August 05, 2017, 07:54:24 AM
#81
And while you may have some substance behind your claim that the majority of population don't have enough brains (though this is debatable), the technology may be specifically intended to address this issue. In fact, even simple calculators do exactly that, though on a rather primitive level, of course


After all, any technology hinges on making human life better and easier in some way or other

Transhumanism? I havent considered that possibility.

Although I am not sure people will like this idea, that is by definition the extinction of humanity as we know it now and being replaced by cyborg, half sentient robots.

We dont even know if robots can have consciousness, so I am not sure humans would welcome the idea of being "augumented", we have no idea what that experience will be like and we  are familiar with what we know already.
legendary
Activity: 3486
Merit: 1280
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August 05, 2017, 06:43:04 AM
#80

A few hundred years ago people were completely illiterate

They still are...

That largely depends on your point of view

Regarding your other points, they didn't go very far from someone claiming some 50 years ago that now when calculators could calculate faster and with higher accuracy than any human would, the end of humanity was near. Now calculators can calculate orders of magnitude faster and with even higher accuracy and precision than ever before, but did the end become nearer? Further, we basically don't know what being a sentient being means, so all such assumptions and ideas about the Terminator style future are mostly speculations. And while you may have some substance behind your claim that the majority of population don't have enough brains (though this is debatable), the technology may be specifically intended to address this issue. In fact, even simple calculators do exactly that, though on a rather primitive level, of course



After all, any technology hinges on making human life better and easier in some way or other
hero member
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August 05, 2017, 04:14:04 AM
#79
With all the social economic systems in the world, capitalism is still the supreme because several others have failed but capitalism is still standing despite it's flaws across the globe and even countries that have embraced other forms of economic systems have to realize that capitalism breeds individual quest to achieve development because there is a sense that you get to eat from your personal effort or profit compared to doing it for the state or even the community as other economic systems have professed to be the best.

It is better than what we had before, but it still has obvious, major flaws.

So it seems like something better could exist out there that doesnt have these flaws.
sr. member
Activity: 476
Merit: 254
August 05, 2017, 04:06:19 AM
#78
With all the social economic systems in the world, capitalism is still the supreme because several others have failed but capitalism is still standing despite it's flaws across the globe and even countries that have embraced other forms of economic systems have to realize that capitalism breeds individual quest to achieve development because there is a sense that you get to eat from your personal effort or profit compared to doing it for the state or even the community as other economic systems have professed to be the best.
hero member
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August 05, 2017, 03:22:34 AM
#77

A few hundred years ago people were completely illiterate

They still are...



They couldn't even read (let alone write), and so what? Complex jobs can be simplified to the point when your average Joe can do them (this is what division of labor basically means). Indeed, the jobs that can be automated will be automated, but the great divide remains unshaken, i.e. some jobs can't be done by robots, as simple as that. Apart from that, what AI are you talking about? This field has been stagnating for over fifty years already. All the recent "advances" have been entirely due to quantitative improvements only (more memory, more processing power, more specialized chips, etc). There is no true artificial intelligence as of yet and may never be (in the sense we think of it), it still essentially comes down to an incredibly complex set of conditions (if-else)

No you can't dumb down complex engineering jobs, it doesnt work like that ,you need brains there which a large part of the population simply doesnt have.

And it's not a question of whether that job an be automated, its a question of time when they will be. Even the engineering jobs can be automated.

Meet engineerbot2.0, I bet he will do calculations much better and with much more precision and care than your average engineer.

It will be like from the movie Terminator, the robot will design a better robot and that will design a better robot.

There will not be much use left for humans, I hope it doesnt end like in the movie but if we want to make use of the robots then we can let them work and we should live off their production.
full member
Activity: 924
Merit: 148
August 01, 2017, 12:30:47 PM
#76

Not everyone can be an AI programmer, a mechanical engineer or a mathematician.

In IT world the general situation is mostly similar to irl jobs. You might not have eniugh abilities to become a software developer but it requires quite a few skills to become a tester. The solution for lower qualified employees will always be found in the market. Getting a job in capitalistic country nowadays is easy as never before.
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