steve hyde wrote:
I suspect most people on this board who own or operate businesses do so with the expectation of realizing profit and improving their lives to the greatest extent possible, and would be both unwilling and unable to continue their business for long as charity. If one can't gain greater rewards by bringing greater energy and talent and investment to bear, what incentive would one have to excel? Why bother building and bringing a better product to market if you don't stand a chance to reap greater rewards? Why bother trying to compete with similar businesses if your sales and profit are determined by the state?
Now you are trying to compare capitalism to socialism. This is how the conversations always go. Instead of making a focused critique of capitalism we end up talking about communism. Don't you think human beings are capable of comming up with a political economy that isn't communism or capitalism?
Of course the conversation goes that way. Communism, socialism, feudalism are all undeniably both political and economic systems. You argued that capitalism is a political sysetm too. I disagree in the ideal, but concede the point in practical terms. The closest thing we have to capitalism are black markets, and after that, mixed economies like that of the US. And neither of those are really all that close to the ideal.
So if you object to capitalism as a economic and, as you yourself argued, political system, then what would you replace it with economically and politically, and why? It is a fair question.
steve hyde wrote:
While there are flavors and variations, the basic economic systems are fuedalism, capitalism, communism, and socialism. The first one and the latter two are inevitably also political systems because they are command economies in which the state entirely controls the means of production. Capitalism, as it is actually practiced, also has political implications because the governments of the ostensibly free countries of the world can't resist meddling in the economic system. As I said, there are no pure economic systems in existence.
Again, what about post-capitalism? I'm still baffled by your belief that free-market ideology is somehow politics-free. I'm not sure "pure economic systems" is a meanigful term. Are you talking about purely political, purely economic or purely based on the philosophy of some dead political economy professor like Marx or Adams. Economic philosophies are always open to interpretation and therefore a "pure" understanding of one is an ontological impossibility.
Please let's separate the ideal that I described from my question about the practical application of economic and political systems. I don't believe what you say I believe, I think that was pretty clear in my comments that you quoted above, so there's no reason for you to remain baffled.
Go ahead and explain post-capitalism, it's characteristics, and why you prefer it.
steve hyde wrote:
Those of you who oppose capitalism, please tell me which of the other three basic systems, feudalism, socialism, or communism you think superior to capitalism, and why.
I don't think any of these economic systems are superior. Let's dream-up some new rules to the games we play.
I'm game. Do it.
steve hyde wrote:
For my part, I favor capitalism. It's the economic system that gives me the best chance for creating my own rewards, based on my own efforts rather than the beneficence of government (LOL) or the unearned labor of others, and shifting the unequal distribution of wealth a bit more my way.
.....here I can see that you are assuming a level playing field rather than acknowledging the fact that politics infuses capitalism. Take the politics of racism as an example. Our political history (worldwide) is characterized by injustices based on racial differences. Racism is still one of the most divisive issues in the United States. How is it even remotely possible to have a level economic playing field when we still have racism???? It think it is clear that we cannot. My point is that not everyone affords equal life-chances here in the United States. The problems of inequlity are entangled in a sociological web of hegemonic cultural traditions. Capitalism is just the mode of production that insures that those inequalities are held intact.
Look, I think Karl Marx's teleological communist manefesto is full of holes and frankly I think it is one of the least interesting works that he produced. On the other hand, Marx's volumous Das Kapital, which he spent 30 years working on, is still the most interesting and salient critiques of capitalism ever written. What validates Marx's theories of the social problems of capitalist development is a simple survey of the history of economic development over teh past 150 years. Just look at the growing gap between the richest 10% in the United States and the poorest 10% as a sample. That gap is growing out of control. Who bennefits from that? Not the people that have been kicked down over the course of the past few centuries.
Yes, I based my final comment on the ideal conceptualization of capitalism, ignoring the fact that we really have a mixed economy with a lot of government control. Even in a mixed economy, though, it still affords me greater opportunity than the alternatives.
Racism is a problem. Capitalism is not the cause, nor does it particularly sustain it. It is a symptom of a much deeper social problem, and it is people's attitudes that sustain it, regardless of the economic and political system that obtains. I'm all for eradicating racism, as I find it personally and socially repugnant.
I don't agree with the labor theory of value or the immutability of class. Value is based on choice and need, on supply and demand. And government tinkering, regretably. You can say that you think the "gap" is widening all you want, but the general standard of living all over the world is improving too, and that is being fueled by capitalism.