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Topic: 10 Points on Capitalism (Read 1530 times) |
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Winterhaze13
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10 Points on Capitalism
« Thread started on: Apr 29th, 2005, 7:53pm » |
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10 Points on Capitalism
1. Capitalism is elitist in that it creates a new aristocracy based in capital accumulation that makes up the ruling class in a democracy.
2. Capitalism exploits the disadvantaged in society by paying the most needy less, in order to boost profits. As a result, many of the disadvantaged are left behind in society, creating apathy. Inc. Single mothers, immigrants, ext.
3. Capitalism is incompatible with democracy in the sense that capitalism is competitive while democracy should be cooperative.
4. Capitalism creates conflict in society by pinning citizens against one another in the pursuit for capital.
5. Capitalism creates powerful multi-national corporations that often act out of self interest and never out of the common good of society. Corporations don’t support social justice.
6. Corporations have come to influence and even dictate state policy while preventing equality and social justice that conflicts with their economic interests. Capitalism keeps democracy from reaching its full potential.
7. In capitalism the employer pays their workers the lowest possible wage in order to maximize profit. In doing so, they prevent the economic welfare of their workers. Also, they do not promote equal work for equal value.
8. Capitalism creates a discrepancy in wealth. In the United States, the wealthiest 20% possess almost half the wealth, while the poorest 20% possess roughly 5%. Source: World Bank
9. Capitalism does not permit universal education and therefore prevents social equality. It has created a money-driven society where the best education is available only to the wealthy because of inflating tuition costs.
10. Most politicians are wealthy and have business links when going into politics. As a result, this prevents them from acting out of the best interests of their constituents. Instead, they protect business interests in hopes that major corporations will fund their campaign.
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Bamaboy
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Re: 10 Points on Capitalism
« Reply #1 on: Oct 27th, 2007, 11:35pm » |
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I see somebody has been kneeling at the alter of Marx, Lenin and Stalin! It's just too bad that they haven't realized that Communism is dead and all of the remaining "Communist" countries are either adopting a Free Market system (ala Capitalism) or are on life support (ala Cuba).
All of your assumptions are specious on their face, and assume that someone else is supposed to be responsible for you, they're not, it's up to you to take care of you. Democracy is anathema of freedom and equality and has never existed long in it's pure form in the history of mankind (which is why the Founding Fathers eschewed it). Corporations have no responsibility to anyone except their investors, PERIOD.
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