Ignorant nonsense. The laws of supply and demand, which are the basic element of capitalism, have always existed. The farmer who sells his wheat in Mesopotamia for more than it cost him to produce it uses the surplus to invest in a new crop. If the demand is high enough, he buys or rents more land to grow more wheat to make more money, or capital, which he then reinvests in his business in order to improve his economic situation. As his land holdings grow, he can no longer do all the work himself, so he hires workers to assist him. He pays them as little as possible so that he can make a bigger profit and continue to improve his economic situation, and the workers ask for as much as possible, so that they can improve theirs. In the end, the workers agree to a wage that represents their fair market value for their labor, no more, no less. If they demand too much, the farmer will not hire them because it will eliminate his profit. If he pays them too little, they will refuse to work for him and he will lose his profit because he cannot do the work alone, and his crop will rot in the field. It's a perfect dynamic balance created by the law of supply and demand for labor in precisely the same way that the law of supply and demand for wheat determines the price of a bushel..Morticia. wrote:FBM wrote:If you're against capitalism altogether, please explain what you think is wrong with it and why. How can people co-exist in society without producing, buying and selling goods? What's so unnatural or unhealthy about it? What's a superior alternative, and why?
Please be aware that I'm no fan of any 'ism'; I'm open-minded about workable alternatives.
For others, what's wrong with (what needs to be improved about) the version of capitalism - or whatever economic system there is - where you live?
Capitalism is not the same as trade, ie, producing, buying and selling.
Capitalism doesn't even rely on trade, Capitalism is about making a profit on what workers produce as well as destroying competition so you can exploit trade.
There was trade millenia before Capitalism, but people didn't invest their surplus in increasing manufacturing output, they invested it in farming, real estate or cultural activities.
Your description of capitalism is Marxist disinformation and nothing more, and has no element of truth to it.
That's more Marxist drivel. Capitalism is a description of the natural economic processes of human trade and interaction. It's NOT a social model or theory. It says nothing whatever about the "needs of society," whatever that may mean, nor does it engage in philosophical speculation about the moral or ethical value of the life goals of the members of society. It simply describes how economics and trade function best. Social issues fall entirely outside of capitalism, as does ethical philosophy.
The problem with Capitalism is that it doesn't provide for the needs of society and fosters empty materialistic life goals.
Complete horseshit. Marxism prescribes a precise system and structure for society, and the progression of society from capitalism, to socialism, to the ultimate goal of communism. You would know this if you'd ever actually read Marx.most marxists won't even prescribe a system for society ( the ones that do are politicians , grrrrr )
Okay, I apologize, you cannot actually be a Marxist because you are utterly ignorant of the fundamental precepts of Marxism, and it's clear that you've never read anything Marx has ever written. Unless you're a shill who is attempting to obfuscate Marxism deliberately.they know that society grows and develops and that when a time comes for change people will do it on a micro not a macro level.
IOW, people will create their own alternative. There will be no revolution.
What you said is idiocy insofar as having even the slightest connection to actual Marxism. I don't know what political ideology you are expounding but it absolutely is NOT Marxism.