Simple question: Do you think capitalism should be abolished? Please explain why not if your answer is "no."
Poll
Voting ended 15 Dec 2024 at 12:25.
Simple question: Do you think capitalism should be abolished? Please explain why not if your answer is "no." Anonymous poll
Poll
Yes
589
93.5%
No
630 people voted. 41
6.5%
Voting ended 15 Dec 2024 at 12:25. 289 comments
@Radical_EgoCom Another question might be "CAN it be abolished, without going full-on France in 1792 et al" (which might not be a bad thing, but consequences might be extreme these days.) Logic and history dictate that violence will likely be necessary to abolish capitalism. Logically, the capitalist ruling class will use violence of all kinds to prevent capitalisms abolition, which would require the revolutionary class seeking abolition to use violence as well, and historically, the vast majority of revolutions in human history have been violent in some capacity. Whether it'll be as violent as the French Revolution of 1792 is up for debate, but regardless, the abolition of capitalism will likely be violent. @Radical_EgoCom @bytebro one thing people fail to understand is how violent it is to maintain capitalism. @bytebro @Radical_EgoCom @bytebro @Radical_EgoCom @Radical_EgoCom and if yes explain how an alternative system would work. I haven't ever heard of a system that isn't worse than capitalism. Socialism (the collective ownership of the means of production by society), an alternative system to capitalism (the private ownership of the means of production by individuals or corporations) is better than capitalism in that it allows everyone in society, regardless of social status, to have access to the basic necessities of life (housing, food, healthcare, etc). Depends on what you mean by "worse than capitalism". Capitalism makes luxury goods common; socialism makes common goods into luxuries. If you value economic equality above all else, and don't care if everyone is equally destitute and desperate, socialism is the system for you. @Homempovo @FisherPeter @Radical_EgoCom "but people are desperate and common goods are luxury to the majority of people under capitalism." Perhaps you could provide a specific example of a common good that is a luxury under capitalism. @AlexanderKingsbury @FisherPeter @Radical_EgoCom I did mention housing, but examples are plentiful. Food is another obvious one. In the USA, the most paradigmatic capitalist country in the world, 13,5% of the people face hunger, which is worse than the global average (9%), but even the majority of people who have access to food would consider it a luxury to purchase organic non-industrialised food. @Homempovo @FisherPeter @Radical_EgoCom Well, first, let's be clear; there US is FAR from being a totally capitalist system. We have massive amounts of regulation on many sectors; including, relevantly, housing, and food. Both sectors are heavily regulated. I do notice you compare your (unsourced) numbers to a global average, not to an average of non-capitalist nations. @Homempovo @FisherPeter @Radical_EgoCom "Look, capitalism is certainly the best system to extract wealth from the resources available, I give you that." I never asked for that, nor did I make that claim. @Homempovo @FisherPeter @Radical_EgoCom "Regulations were introduced to save capitalism after the crash of 1929" That implies regulations did not significantly exist beforehand. Is that an assertion you make? "The same thing happened in 2008." Why didn't the regulations already in place suffice? @Homempovo @FisherPeter @Radical_EgoCom Capitalism is an economic system, not a god. Asking for it to "end misery" is pointless, as it would be to ask ANY economic system to "end misery". @Homempovo @FisherPeter @Radical_EgoCom That's not the point. Capitalism simply says that taking a certain approach optimizes the distribution of scarce resources. WE decide what "optimum" means. And one of the great things is that we can come to different answers but still work together to achieve those disparate goals. @AlexanderKingsbury @FisherPeter @Radical_EgoCom but that's not how capitalism work. Resources are not scarce, they are already taken when we're born, and the owners and their heirs are the only ones to decide what to do with it. We only get to decide, through our representatives in government, how much tax to charge and what to do with the taxes collected. Simple as that. @Homempovo @FisherPeter @Radical_EgoCom Of course resources are scarce. That's an entering premise of an economy even existing. If resources were not scarce, we would need no mechanism by which to allocate them; we would need no economy. @AlexanderKingsbury @FisherPeter @Radical_EgoCom A flawed system can always be built over flawed premises. "There are currently 28 vacant homes for every one person experiencing homelessness in the U.S." โ https://unitedwaynca.org/blog/vacant-homes-vs-homelessness-by-city/ @Homempovo @FisherPeter @Radical_EgoCom Look, I'm sorry, but this isn't just ECON 101 stuff. This is first day of ECON 101 stuff. Heck, this is basic common sense stuff. Just because you can point to A resource that you regard as plentiful (in a specific area) does not change that resources are scarce. People all have about as much air as they want to breath; that doesn't mean that there is enough of everything for everyone to have as much as they want. @AlexanderKingsbury @FisherPeter @Radical_EgoCom well if by scarce you mean finite, ok, you can't always get what you want, but by not scarce I mean everyone could get what they need, and excuse me if I just quoted The Rolling Stones right now ๐ @Homempovo @FisherPeter @Radical_EgoCom No, by scare I do not mean finite. By scarce I mean scarce. @Homempovo @FisherPeter @Radical_EgoCom Look, I'm sorry, but you just don't seem to be grasping the basic idea here. Maybe a specific example will work. Do you understand that titanium is a resource? @AlexanderKingsbury @FisherPeter @Radical_EgoCom yeah, and a finite resource on Earth for that matter @AlexanderKingsbury @FisherPeter @Radical_EgoCom That's an excellent example, thank you. Can we all decide to prioritize the medical use of titanium so that treatments are more affordable, or is it up to the owners of the mines and that's why we get titanium watches and cellphones instead? @FisherPeter @Radical_EgoCom there it is! As soon as I saw Cat's simple binary question, I just knew your wholly incorrect take would surface in response. Congratulations for falling for the trap lol @mrpieceofwork @Radical_EgoCom plesse explain your reply, i habe no idea what you are taliking about. @Radical_EgoCom@mastodon.social Abolis, dรฉmantelรฉ et dรฉtruit autour d'un grand feu prolรฉtaire. @Radical_EgoCom No, because "capitalism" is too vaguely defined. The question would be more meaningful and easier to answer if it would be more specific, such as "should personal wealth be limited" or "should production assets be publicly owned" or "should work not be taxed" or "should there be no private possession at all" or "should article 14 paragraph 2 of the German constitution be applied more consequently" etc.. "Capitalism" is just a buzzword and "abolish capitalism" is a buzzphrase. DEFINITION OF CAPITALISM: "Capitalism is an economic system characterized by private ownership of the means of production, free markets, and the pursuit of profit, where supply and demand determine prices and production levels." There is your definition. Do you care to answer the question now? @Radical_EgoCom Capitalism is evil and should be abolished by any and all means necessary. There can be no equity with capitalism. It kills, enslaves, and destroys the earth for the profit of a few. @Radical_EgoCom Non, aucun pays n'est rรฉellement capitaliste tous ceux qui se disent capitalistes ont en rรฉalitรฉ de trรจs nombreuses loi de la protection de leur รฉconomie ce qui est en opposition avec le concept de capitalisme. D'autres concepts sont ร abolir : la monnaie, les actions, le droit de possรฉder plus de deux bien immobiliers, les brevets. "Truly capitalist" isn't a thing. There are many different versions of capitalism: Laissez-faire Capitalism, Welfare Capitalism, State Capitalism, Corporate Capitalism, Global Capitalism, Social Market Capitalism, Crypto Capitalism, Green Capitalism. A capitalist country having laws to protect their economy doesn't make it not capitalist. That's nonsense. 1/3 The concept of capitalism is an economic system in which the means of production are privately owned and operated for profit, characterized by free markets, competition, and limited government intervention. There are many forms this concept can take, so saying that a country isn't capitalist because it has "numerous laws to protect their economy" and claiming that that goes against the concept of capitalism is ridiculous. 2/3 Also, abolishing just currency, shares, the right to own more than two properties, and patents won't eliminate capitalist exploitation. Capitalist exploitation is caused by the private ownership of the means of production and the extraction of surplus value from workers. If those two things are retained, capitalist exploitation will remain, so abolishing the things you listed aren't sufficient enough. 3/3 I'm a communist. One of my ultimate goals for humanity is the abolition of money. Capitalism is an economic system that is heavily centered around money. If the goal of the abolition of money is to be achieved, capitalism will also have to be abolished with it down the line. I don't want to take away small-scale artisan tools or personal farms from people. All I want is the collectivization of large enterprises and the redistribution of wealth on a broad scale. @Radical_EgoCom Si on partage librement les brevets et les idรฉes. Est-ce que les entreprises de grande taille sont vraiment une nรฉcessitรฉ ? Ce sont les empires qui aiment bien centraliser : pour plus facilement exercer leurs contrรดles. Paix, entraide et prospรฉritรฉ camarade. I think that you should just read "State and Revolution" by Vladimir Lenin to better understand why a centeralized socialist government is necessary. The website here is in English, but it can translate to French: https://www.marxists.org/archive/lenin/works/1917/staterev/ @Radical_EgoCom Abolition of Capitalism is an absurd concept. Regulations and standards to protect innocent participants from bad actors would make more sense, but there will always be some form of Capitalism in any society. People will always find ways to trade or sell goods and services to one another no matter the type of government is in effect. You don't seem to understand what capitalism is if you think it's just people buying and selling things to people. Capitalism is an economic system in which the means of production are privately owned and operated for profit and is characterized by free markets, competition, and limited government intervention. Capitalism, the private ownership of the means of production, can absolutely be abolished. @Radical_EgoCom I am well aware what Capitalism is. I know what Communism and Socialism are too. They are each concepts of โpureโ economies and do not exist anywhere in the world. There will always be black markets, cottage industries, flea markets, and underground economies. Abolition has never solved anything. The U.S. still has legal slavery more than 150 years after it was abolished. Capitalism is not a "pure economy." There are many different versions of capitalism, from laissez-faire capitalism to state capitalism to corporate capitalism, etc. It can have practically any form as long as it has private ownership of the means of production, free markets, competition, and limited government intervention. 1/2 There likely will remain such things as black markets, cottage industries, flea markets, and underground economies, but that doesn't mean that society shouldn't try to abolish the private ownership of the means of production just because these outliers may exist. 2/2 @Radical_EgoCom Do you think that since the first sedentary society until today any other mode of production has been applied? @Radical_EgoCom Capitalism has reached the end of its life span. We will either disappear or move on to the next stage. @Radical_EgoCom Yes, but this must be done gradually. But the proletarian revolution must happen as soon as possible, because the planet will not wait until then. @Radical_EgoCom capitalism is not the problem, mom and pop shops like the old days when they lived upstairs, that is good capitalism. Corporatism is what ruins it, making money is what's important, not quality products and services. Even in a system with communes, it's individual communes trading, that keeps them going. You always need something you can't produce or a service you can't provide, so in a way it's capitalism. Also socialism or communism is not bad, it's the leaders who ruin it. @Radical_EgoCom Capitalism will end unless it can survive into the post human era because we either abolish it or it abolishes us. @Radical_EgoCom It's largely immaterial if it made some iPhones and spaceships along the way since the end goal gets rid of all that and turns into direct transfer of wealth from poor to rich. Boiled down to the barest minimum, a "perfect" Capitalist society is an army of slaves mining gold to deposit directly into owners' coffers. Any creature comforts along the way are wasteful side effects to be optimized out. Capitalism is really good at what it does, the trick is seeing that honestly. @Radical_EgoCom @Radical_EgoCom @Radical_EgoCom @Radical_EgoCom yes because freedom is limited for those who have money and people become submissive toward the market and stop doing what they like to do just to adapt to what the market wants, and all that matters is what sells doesn't take in consideration if this is a benign thing. @Radical_EgoCom es ist schwierig diesen gรคnzlich zu stoppen. @Radical_EgoCom I would LIKE to see capitalism abolished, but I don't think humanity is sufficiently advanced to adopt any other system of distributing goods. The only way we could currently make a non-capitalist society work would be to impose a brutal form of communism that would be abused by those in power. @Radical_EgoCom it is not necessary to eliminate capitalism, but to reshape profit so that it is redistributed to weaker groups of individuals. attention must also be paid to resources to avoid waste due to overproduction caused by the search for maximum profit. @Radical_EgoCom No, because capitalism is the most powerful tool for economic development at our disposal. And because communism has failed every single time it's been tried. @Radical_EgoCom I voted no; because there will always be some people who wish to "make their own way". That said, I think there must be constraints on the amount of assets an individual can hold. This is one of several reasons why I am a supporter of the #DoughnutEconomy theory, which holds that there should be upper and lower limits for personal income in the interests of global equality. (There are other beneficial too!) @Radical_EgoCom @Radical_EgoCom Capitalism as currently practiced is all about the few getting more wealth by denying everyone else a chance at any. We are all far better off when all of us are better off, than when only a few of us are better off. Thus requires the wealth hoarders get along and not be selfish bleepers bleeping @Radical_EgoCom By Capitalism I assume we mean profit driven wage based economies that rely on resource exploitation and that result in surplus which is hoarded/released according to market conditions. It is a system defined by private ownership of large scale business concerns that often dominate, and a state apparatus that is concerned with maintaining this system via a monopoly on violence and not with benefiting the majority of the population based on need. @Radical_EgoCom I have a qualified no. I think food, water, housing, health care, and other necessities for life should be socialized. Elective consumer goods and luxury items could still be sold in a highly regulated open market. @Radical_EgoCom Capitalism is a societyโs answer to five basic questions (See Robert Reichโs book on capitalism.) The questions are valid, but the way we answered them sucks. We need to answer the questions better. |
@Radical_EgoCom It should be abolished because it Is not sustainable.