Is Capitalism Evil? [The Rise of Reason I]



  • Trust me, you'll be surprised by my answer. Keep on reading if you want to get an entirely new view of the world as you know it.

    So what is capitalism? According to common understanding, capitalism is the use of money to make more money. First let's look at the things that are supposedly good about capitalism

    • it seems fair, that people who do more should have more
    • it seems fair, that people who take more responsibility should get a greater reward
    • it seems fair, that risking what you have should result in a reward for you

    but supposedly capitalism has very bad consequences too

    • the "loosers" of the system, they end up with having nothing
    • the "winners" of the system, tend to end up with more and more and more
    • the majority of the participants tend to end up with less and less and less

    In other words, 10% of the people have 90% of the wealth.

    "So why do you call everything only supposedly good or supposedly bad", you might ask? This is where the actual journey begins. Those 6 points, the good and the bad, which are of course only the most important points about the system, they appear in places you would not expect them to appear.

    The oldest known human city is Jericho, and its history goes back 12.000 years. In those 12.000 years many cities were built. And only 3000 years ago, we begin to see actual money (cowry shells, shekel, and the like) being used widely. And yet... in every excavated city around the globe, each and everyone that is older than 3000 years, we find the following:

    There are 10% who have 90% of the wealth, while 90% of the people have 10% of wealth. And by riches of course we mean houses, cows, jewelry, and every other kind of things that people value, as well as influence and power.

    Or let's look at every communist state: if you look close enough, you will find, that 10% of the people have 90% of the power. And they use all kinds of propaganda tools to keep that power, which more often than not results in them staying in their position of power for life. This is actually not common case in the countries that the communists call "capitalist", just as a sidenote.

    And let's look at another horrible example of capitalism: in germany there are regulations, and there is exactly one product from one "capitalist" that is allowed to be used for a certain task in plumbing. Horrible right? Killing the competition... Let's look at the communist state: there is exactly one kind of product for one purpose being sold, and those at the top reap the fruits. It's exactly the same. Except it's not called capitalism there.

    So, how come, that the bad consequences of "capitalism" are everywhere and in every time, before even the invention of money?

    The surprising answer is the following: capitalism is not actually a thing. Or at least not that thing, that those who fight it, think it is. Instead, what we see here is an instance of human nature. It is not simply greed, that makes people be more successful. No, it is a pattern of nature, that some are more successful than others. This is nature. Not capitalism.

    Hence, those who fight "capitalism" end up making things worse. Because they become blind to the actual problem. And this is the reason, why communist states are incapable of getting rid of the people who have taken power after the revolution. If you are blind against the actual problem you have no mechanism to counter what's really going on.

    And this is why I am writing this, because the west is increasingly turning blind to what's actually going on, and fighting against windmills, while thinking they are giants. We will destroy those windmills (which are sustaining all of us), if this blindness isn't healed. And there is one way only, to heal it: show to people that what they fight are windmills. Show them, what the actual problem is. And... come up with actual solutions.

    So... you might say: okay, I can see why you call this thing nature and why you call capitalism merely an instance of it. But, is it now good or evil?

    Neither of course, or rather both. Human nature has good sides and bad sides. Every pattern in nature has good effects on us, and bad ones. And, yes, you are certainly right, we need to counter those bad effects. We need to implement something, to keep the 10% from getting richer while at the same time keeping the 90% from getting poor. But what could be the answer? If it isn't communism, then what might be the answer?

    Well... I do have some ideas. And I will tell you... This here is the beginning of a few articles on my political thoughts. Maybe you do have some ideas as well. Don't hesitate to share them.


  • One Woman Army

    @pe7erpark3r
    i think that capitalism is a good servant, but a lousy master.

    in theory, it's a wonderful invention. capitalism is very efficient and self-sustaining. it rewards people who are willing to work hard & smart and punishes those who aren't. greed is in human nature indeed, and capitalism is a great way to harness it & make it work for the betterment of all.

    however, nowadays it seems like capitalism isn't functioning the way it's supposed to. money is being concentrated at the top, which is bad news for us ordinary people. i agree, communism is certainly not the solution, but something drastic must definitely be done to augment & repair capitalism.

    i do think that some degree of socialism and/or state intervention is required to spread wealth more equally. billionaires should be taxed more deliberately, and companies must be held accountable for the well-being of their workers. UBI, profit sharing & responsible growth should be the key words.

    equality of outcome is impossible to achieve, but equality of opportunity for everyone is something we should all strive for. no one should be left behind 🙂



  • @pe7erpark3r "Controlled capitalism" is probably the best. I mean entrepreneurs should be able to make enough profit but a limit of making profit should also be legally fixed which will stop them from making too much profit.
    These limits of profit can be extended under certain conditions. For example, if an entrepreneur has reached his first limit of profit then the limit will be extended as a reward after 5 years under the condition that he will have to financially help 100 poor families to become financially established. And in this way, the limit of profit can be continuously extended.

    Also people who are not poor could be legally made to spend a small percentage of their income completely for the poor. Rate of bank interest can be gradually reduced as well.

    Inequality of income is okay but it also needs to be made sure that nobody is poor enough.



  • @pe7erpark3r Clarity of thought and information. An economic system should never have a deep divide between the rich and poor, and hopefully onward to build an upgraded form of human centered capitalism where we insist that the markets serve human interests for all of us, not just generate wealth for some. It seems that most people, on both sides, are too narrow to understand that humans function with both cooperation and competition.. But, that's how politics works! Money on the other hand is just about social hierarchy.



  • @Masih said in Is Capitalism Evil?:

    @pe7erpark3r "Controlled capitalism" is probably the best.

    The keyword is social markets.

    I mean entrepreneurs should be able to make enough profit but a limit of making profit should also be legally fixed which will stop them from making too much profit.
    These limits of profit can be extended under certain conditions. For example, if an entrepreneur has reached his first limit of profit then the limit will be extended as a reward after 5 years under the condition that he will have to financially help 100 poor families to become financially established. And in this way, the limit of profit can be continuously extended.

    However the regulation has to be done in a very sophisticated way. E.g. the system must be build from the ground up, to balance out the negative effects of capitalism, while still allowing for the good ones at every level.

    By which I mean, the rules should not be complicated or arbitrary. A fixed limit of profit is something politicians would do indeed. But I think the limit should not be fixed. The system should simply be designed such, that the higher you rise, the greater is the power that withstands your further rise. With every step. And the more wealth you generate, the more wealth is distributed. I'll explain my idea in great detail in another post.

    Also people who are not poor could be legally made to spend a small percentage of their income completely for the poor.

    This is actually what the tax system does in western states. The state does help the poor.

    Rate of bank interest can be gradually reduced as well.

    These days in europe banks even pay you, to take their credit. Seriously. I wonder when this thing collapses...

    Inequality of income is okay but it also needs to be made sure that nobody is poor enough.

    Yeah, that is one of the natural effects of the distripution of wealth, that people are thrown out of the game. Indeed we should make sure, that nobody is thrown out, or left alone.



  • @sarah_the_magpie said in Is Capitalism Evil?:

    @pe7erpark3r
    i think that capitalism is a good servant, but a lousy master.

    that's a good way to put it.

    in theory, it's a wonderful invention. capitalism is very efficient and self-sustaining. it rewards people who are willing to work hard & smart and punishes those who aren't. greed is in human nature indeed, and capitalism is a great way to harness it & make it work for the betterment of all.

    still, this is a natural phenomenon, not an invention.

    however, nowadays it seems like capitalism isn't functioning the way it's supposed to. money is being concentrated at the top, which is bad news for us ordinary people.

    This is how this part of our nature always works. It has always been like this, wealth was always concentrating at the top, and that was always bad news.

    i agree, communism is certainly not the solution, but something drastic must definitely be done to augment & repair capitalism.
    i do think that some degree of socialism and/or state intervention is required to spread wealth more equally.

    My thoughts also lean this way. In fact, and I will write about this soon, I think that here we have this force of nature, gainst whose bad sides we must throw another weight. In fact I think, that the state's task is actually this, to lean against the weight of this nature, and work in the opposite direction, pushing wealth and power down again. Balance it out.

    billionaires should be taxed more deliberately, and companies must be held accountable for the well-being of their workers. UBI, profit sharing & responsible growth should be the key words.

    equality of outcome is impossible to achieve,

    nor is it necessary or good, except when it naturally happens, but that's another big topic.

    but equality of opportunity for everyone is something we should all strive for. no one should be left behind 🙂

    Yes.



  • @kaia_ said in Is Capitalism Evil?:

    @pe7erpark3r Clarity of thought and information. An economic system should never have a deep divide between the rich and poor, and hopefully onward to build an upgraded form of human centered capitalism where we insist that the markets serve human interests for all of us, not just generate wealth for some.

    Let's design a system, that balances out nature. Totally my idea as well 😋

    It seems that most people, on both sides, are too narrow to understand that humans function with both cooperation and competition..

    Oh so true.

    But, that's how politics works!

    Yes and no. 20 years ago, politicians were still able to talk and think without being "ripped apart". Today everything is turned into a scandal by the media, the ideological divide is greater than ever...



  • @pe7erpark3r So we can say that it is good as long as we avoid manipulations at any level and by any group. Market forces will helpful if the rules are properly followed, then we need to change our consumer behaviour, and teach the children right.



  • @kaia_ said in Is Capitalism Evil?:

    @pe7erpark3r So we can say that it is good as long as we avoid manipulations at any level and by any group. Market forces will helpful if the rules are properly followed, then we need to change our consumer behaviour, and teach the children right.

    We won't avoid manipulations. I'm a realist, not a dreamer. People will manipulate. However this is an important topic indeed: virtue. And I will write something about that too, because it actually does play a big role in politics too. Because no matter how good the system is, the more people do evil in society, the more definite it becomes that the system breaks. You cannot mitigate immorality except by fighting immorality itself in the place where it sits: the individual!

    We can't avoid manipulations, but we can and should put mechanisms in place, that minimize the effects of a single manipulation. We also need mechanisms that favor transparency, however not forgetting that secret meeting too are an essential part of making politics.

    You mentioned another important issue: groups. People form lobbies. They push their own interests. This is also natural and has both good and bad effects on society. We will talk about this too in one of the upcoming articles...

    Changing consumer behaviour is an important task indeed. We do need morals, and we need to give our children a framework in which they can safely work their way as they grow, deal with things one at a time.








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