At 5/22/12 03:36 PM, bismuthfeldspar wrote: All those evil corporations wouldn't make any money if no one was paying for their goods and services, which is more than can be said for the state which can simply reach into your pocket and take your money.
I know corporations create stuff. I'm not dumb. However, in the wake of Dodge v. Ford close to 100 years ago, the financial sector's recent "short term profits above all" mantra, as well as the urge for those in monopolistic power to hold back innovation until their monopoly runs out of money-making fuel, I very much have grounds to be cynnical as to whether leaving the People's best interest in the hands of entities that hold profit well over people is a good thing.
What have you done to help increase corporate America's profits recently? Not much I expect.
Nothing. But I helped protect children from their abusive, drug addict, metnally ill parents, whilst aiding the parents in getting and using the tools necessary to rehabilitate and become a safe place for their children. Doubt most people can say they do so much for their fellow Countrymen and women.
Well, actually, by keeping my wife sane, I help provide my area with an extremely competant corporate and individual tax accountant who is able to go to work instead of cracking under the pressure of life. (I keep my wife sane by being an immovable anchor for her to attach onto when she's feeling bad)
Oh, and I buy stuff.
At 5/22/12 07:13 AM, Camarohusky wrote:Now now, we all know resources are limited which means we will at least need some kind of price mechanism to determine how resources are distributed, it's basic applied mathematics, you need to quantify value, capitalism is just entwined into the very nature of the universe like the laws of physics and you'll have to accept that. Anyway, when left to their own devices free from scarcity people would inevitably lean towards more free markets and liberty and create a more unfettered capitalist system, it's just the natural choice when there is no longer a need to regulate anything, so even if this utopia of yours' becomes a reality capitalism will still be around.
Capitalism requires circulation of money and value. If we no longer work, our value as people has diminished. With no value there is no income. With no income there is no money. With no money there is no buyer. With no buyer there is no seller. With no buyers and sellers you camnnot have capitalism.
Either our system of value will need to change from productive value to some other form, or the system that requires value (capitalism) will need to be changed to a system that can exist where the vast majority of people don't do anything productive.