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capitalist ideals & "selling out"

ebola! said:


I disagree. Even in the US, those working at or near minimum wage are hard pressed to save enough enter the capitalist class (even as small business owners). There is a reason the average citizen has 8,000 dollars of credit card debt...I doubt this reason is because everyone is stupid. :)

Yes, but consider the many opportunities to improve one's life. An individual may, for example, go to school to learn a trade in order to improve their income. Perhaps they may get a loan to start a business.

The key concept here is that, though there are class differences in free-market capitalism, nobody is held in bondage to those classes. One can move into a higher class if one so desires. In light of the means being available to improve one's life, the question then becomes, do you have the will?

I don't think the fact that the average person has $8,000 of credit card debt implies that individuals are somehow "exploited" or don't earn enough money. I think it's simply rampant consumerism based on emotional desires. Now, whether this is a good thing or a bad thing is perhaps another discussion.

Right, but think about how much wealth she starts with. This captialist is rarely risking starvation. Usually, the worst-case scenario is entry in to the professional-managerial class.

Well, they risk financial ruin. If an individual takes, say, a $75,000 loan only to fall flat on her face, she will be in debt at least $75,000 plus any variable costs incurred.

What this means is that capitalists often don't start with wealth/assets. They oftentimes start with liabilities, such as with my example.

heh...perhaps I am trying to get too much mileage out of rhetorical questions. :) What I am trying to say is that, given factor 3, that much of the development of the era of industrialization was conducted under unjust differentials of power in the labor market, and that the means of production were produced through the social labor of groups of workers, it would only make sense that groups of workers receive the product of that labor. That is, it follows that the means of production should be owned socially.

Ok, I see what you're getting at. ;) As I pointed out above, I actually agree with your premise: private property was often obtained unjustly in the past.

I disagree with your conclusion, though, simply because the means of production are now open to anyone, unlike the past. There's no need to do away with private property because now anyone can own it themselves. Anyone, if they so desire, can own the means of production in one way or another. For example, an individual could start a business or the individual could purchase part of a business, such as through buying shares of stock.

And that's not even considering the other arguments against communitarianism; and there are a-plenty! :)

The socialist/communitarian dream of public ownership has become a reality, only it's become a reality through free-market capitalism. ;)

there is more to the economy than aggregate GDP (shouldn't you be especially aware of this, the austrians having argued against efficiency and aggregate utility outright?). These so-called "eastern" labor centers (many of them in Latin America) still are plagued with a populace of desperately poor workers in spite of "our" investment and growth of a rich capitalist class in those nations.

You're right about GDP. Sometimes I get a little Keynesian because I'm around those nuts a lot. ;)

I agree they're still poor but remember that growth takes time. We didn't become the greatest economy in the world overnight.
 
I disagree with your conclusion, though, simply because the means of production are now open to anyone, unlike the past. There's no need to do away with private property because now anyone can own it themselves. Anyone, if they so desire, can own the means of production in one way or another. For example, an individual could start a business or the individual could purchase part of a business, such as through buying shares of stock.
This is quite an optimistic account of the current opportunities in America :) When you say "anyone can start a business," thats fine and all, but the truth is that not everyone is blessed with the correct personality to be a successful business man. Should we punish or reward people based on how well they adapt to the alien world of modern economics? I don't think so. Some people are truly obsessed with sales, marketing, invention, capital venturing, and so forth. These people get into business early on and eventually take over control of the means of production. These are people going to elite business schools, with prior wealth in the family. Even if you start your own business from scratch, the chances of ever actually owning a significant production operation are tiny, i'd say less of a chance than your average musician becoming a rockstar. Thats the reality of the game. There are a very few prestigious positions in this society....and we operate under this system of capitalism in order to fill those positions with the best people. Key word being *best.* There is strong competition to get to the top, which inevitably leaves lots of people behind along the way. It doesn't matter if you own a little electronics company or something. You still don't own the land on which the oil, coal, or electricity is produced. You don't own the land your factory is on, most likely.

Now on to the problem of buying into system through stock. This is really simple. Corporations are not run by shareholders. Your common investor's control over the means of production extends little further than getting a quarterly report in a fancy folder. The real owners, the people on the board of directors and the CEO and other top level executives, don't really give a rat's ass about shareholders. You want to see a real fight? Watch a group of investors sue "their" corporation and see how dirty it gets.

Shareholder ownership is not "socialism" brought about by capitalism. It is a convenience for the wealthy-elite. It's a way for them to be able to amass more wealth using other people's money. Look at corporations stopping pension fund payments. Look at Enron.

Now what if I don't even care about owning the means of production? What if I want to form a self-sufficient communal living space, where there is no currency and most food is grown locally? Well, all the land is already owned by somebody. You don't have freedom. You have the freedom to either work for a business or start one. Anything else and you're labelled a crazy socialist and cast off as an "abnormality."

At any rate, you haven't really addressed the problem of why workers don't own the things they make. All you said was, "But they can go start a business if they want." Well, that's awesome but, see original question.
 
protovack said:
This is quite an optimistic account of the current opportunities in America :) When you say "anyone can start a business," thats fine and all, but the truth is that not everyone is blessed with the correct personality to be a successful business man.

Well, to be fair, I didn't say that anyone can start a business. I said that anyone can own the means of production in some way.

I completely agree that not everyone can be an entrepreneur.

Should we punish or reward people based on how well they adapt to the alien world of modern economics? I don't think so.

But we don't punish or reward people based on how well they adapt. It's completely up to them what they do in life and how they get there in our system of economics. No bonds hold them in place.

Now, you may argue that we punish or reward people because of the economic system we have put in place. However, consider an alternative of communitarianism that has been discussed in this thread. In that system, it doesn't matter what you want to do and how much money you want to make. You will always make the same amount of money. You will always own the same amount of property. You can never rise above the situation that you are currently in. That is true punishment because your ecomomic actions become meaningless to the very person they should mean the most: yourself. You are lost in a sea of communal ownership.

Some people are truly obsessed with sales, marketing, invention, capital venturing, and so forth. These people get into business early on and eventually take over control of the means of production. These are people going to elite business schools, with prior wealth in the family. Even if you start your own business from scratch, the chances of ever actually owning a significant production operation are tiny, i'd say less of a chance than your average musician becoming a rockstar. Thats the reality of the game. There are a very few prestigious positions in this society....and we operate under this system of capitalism in order to fill those positions with the best people. Key word being *best.* There is strong competition to get to the top, which inevitably leaves lots of people behind along the way. It doesn't matter if you own a little electronics company or something. You still don't own the land on which the oil, coal, or electricity is produced. You don't own the land your factory is on, most likely.

Yes, the wealthy often do have advantages over others. So what, though? Does that stop you from becoming what you want to be? Of course not. What relevance does the fact that Johnny has a lot of money have to you or I in the pursuit of our goals? None. The fact that he has money can't stop us from achieving what we want to in life.

It may or may not be true that there are few "prestigious" positions in society, but not everyone goes for "prestige". Most are not motivated by what other people view as fantastic, they are motivated by their own dreams.

The expansiveness and diversity of our economy makes sure that nobody is left behind. For example, one may be denied employment at Prudential as a market analyst, but the same individual may be hired by Wachovia.

And perhaps a small electonics company doesn't own the land it's on, but that may very well be to the company's benefit. It may be a cost that gives no marginal benefit and they are better off renting. Besides, in this case, the company does own the capital used to produce.

Now on to the problem of buying into system through stock. This is really simple. Corporations are not run by shareholders. Your common investor's control over the means of production extends little further than getting a quarterly report in a fancy folder. The real owners, the people on the board of directors and the CEO and other top level executives, don't really give a rat's ass about shareholders. You want to see a real fight? Watch a group of investors sue "their" corporation and see how dirty it gets.

Shareholder ownership is not "socialism" brought about by capitalism. It is a convenience for the wealthy-elite. It's a way for them to be able to amass more wealth using other people's money. Look at corporations stopping pension fund payments. Look at Enron.

The whole point of financial markets is to allow individuals and business firms to borrow money in order to expand their operations and at the same time, make money for the individuals. The borrowning and spending of money by businesses is called investment, as I'm sure you know, and it is a large part of aggregate spending.

The money of financial markets comes from individual workers in a variety of ways and they exist in a variety of liquidities. 401ks, common stock, and money market accounts are a few examples. The basic agreement here is that banks will loan out individuals' money to business firms for a price, or interest.

The money is then used by business firms to buy additional capital for expansion. Because the money comes from individuals saving their money in banks and financial institutions, it necessarily follows that those who give their money to be loaned out essentially own the capital, or means of production.

It is true that these individuals don't have a say in how the company is run, but that's not really what they're looking for. They're looking for profit. Besides, most don't know anything about running a business and they know this fact, so it's for the better. Since they are the source of a business firm's loan, though, they essentially own the capital and assets, which could be liquified back into money if worse comes to worse.

Financial markets aren't a convenience for the wealthy elite. They're an essential aspect for economic growth and at the same time, they can provide nice rewards for those who give their money. If financial markets didn't exist, we would have no expansion and essentially, no economy. No progress.

Besides, you are assuming, wrongfully I might add, that those business firms who borrow from financial markets are wealthy elite. This is not always the case and is almost never the case for fledgling business firms. In many cases, those who own businesses have liabilities that far outweigh their assets and are not making positive profits.

Now what if I don't even care about owning the means of production? What if I want to form a self-sufficient communal living space, where there is no currency and most food is grown locally? Well, all the land is already owned by somebody. You don't have freedom. You have the freedom to either work for a business or start one. Anything else and you're labelled a crazy socialist and cast off as an "abnormality."

Not true. You can buy land from owners and live in a self-sufficient communal space if that's what you really want.

Just because someone else owns land and you don't does not mean you cannot obtain land.

At any rate, you haven't really addressed the problem of why workers don't own the things they make. All you said was, "But they can go start a business if they want." Well, that's awesome but, see original question.

Well, some workers do own the things they produce. Farmers, for example.

If you're asking why workers who work for someone else don't own the things they produce, it's quite simple: they agree to a work contract which states, among many other things, that what they produce is essentially the property of the owners.

Note that even though they don't own what they produce, they own the services they provide to the company. The company buys the services from the individual for a wage.

So you see, ownership of what one helps to produce is not necessary for success or progress. In fact, it has been repeatedly shown that all of society benefits from this division of labor.

Essentially, you learn a skill and companies contract you to use your skill. You skill is an extension of you and therefore your property. They then pay you for your property with money. This money becomes your private property to do with as you wish.
 
>>Well, to be fair, I didn't say that anyone can start a business. I said that anyone can own the means of production in some way.>>

To be fair, I'll buy your picture when someone making my shoes in Malaysia owns a significant amount of stock in Nike.

>>In that system, it doesn't matter what you want to do and how much money you want to make. You will always make the same amount of money. You will always own the same amount of property.>>

This is not the case. We communitarians advocate equal access to the means of production and free sharing outside the bonds of the system of private property, not necessarily equal and identical material outcomes. And the question of money? The answer for a communitarian system is "not applicable".

>>The expansiveness and diversity of our economy makes sure that nobody is left behind. For example, one may be denied employment at Prudential as a market analyst, but the same individual may be hired by Wachovia.>>

More commonly, though, one may be denied a job at prudential as a market analyst and be granted a job at Wal-mart. I think it revealing that your example is thoroughly professional-managerial.

>>They're an essential aspect for economic growth and at the same time, they can provide nice rewards for those who give their money. If financial markets didn't exist, we would have no expansion and essentially, no economy. No progress.
>>

This is only the case if we take the capitalist system as a given.

>>Not true. You can buy land from owners and live in a self-sufficient communal space if that's what you really want.
>>

No, you don't have this right. Trying to set-up a self-sufficient commune outside of the market economy? Try paying property taxes.

>>If you're asking why workers who work for someone else don't own the things they produce, it's quite simple: they agree to a work contract which states, among many other things, that what they produce is essentially the property of the owners.>>

yes, but we have to ask what sort of preconditions make this agreement rational and seemingly mutually beneficial.

>>What this means is that capitalists often don't start with wealth/assets. They oftentimes start with liabilities, such as with my example.>>

No, the stats I have seen show that capitalists generally start with assets.

>>I agree they're still poor but remember that growth takes time. We didn't become the greatest economy in the world overnight.>>

You're right. It took hundreds of years of pillage.

ebola
 
Yes, the wealthy often do have advantages over others. So what, though? Does that stop you from becoming what you want to be? Of course not. What relevance does the fact that Johnny has a lot of money have to you or I in the pursuit of our goals? None. The fact that he has money can't stop us from achieving what we want to in life.
What if my goal is to set up a square mile of land as a farming-collective in place of a Wal-Mart, and what if it is also my goal to not pay for it, considering the Earth doesn't naturally belong to anyone? What if "what I want to be" doesn't happen to be a wage-slave? Well then, I guess it does matter if the capitalist has advantages over others.

It is true that these individuals [stockholders] don't have a say in how the company is run, but that's not really what they're looking for. They're looking for profit.
LOL. They are looking for profit eh? And where would I find profit if I were looking for it as well? Where does this "profit" come from? Workers....*COUGH*.....workers.

Financial markets aren't a convenience for the wealthy elite. They're an essential aspect for economic growth and at the same time, they can provide nice rewards for those who give their money. If financial markets didn't exist, we would have no expansion and essentially, no economy. No progress.
More meaningless economic rhetoric. If financial markets didn't exist, we couldn't.....invent new machines......or develop better ways of running our society? That's what I think of when I hear the word "progress." Once again, the capitalists are arguing from within their own system. Take a step back and look at what you are claiming. You claim there is some kind of "progress," yet you only define this as an economy that is expanding. What exactly are we trying to expand here? The numbers labelling people's bank accounts? Or the dignity of human beings? Keep on studying those complex GDP graphs, and productivity curves, and aggregate spending equations. They will not bring you closer to any kind of truth about the economic nature of humans. And claiming that our our current exploitive financial system is somehow "necessary" for our society to progress towards a brighter future, sounds just dull and apologist.

Not true. You can buy land from owners and live in a self-sufficient communal space if that's what you really want. Just because someone else owns land and you don't does not mean you cannot obtain land.
Fair enough. I will concede to you that land is scarce and for that reason, takes money to purchase. But why can't I just go grab a couple acres and start my commune? Well, I might have to pay several hundred thousand dollars to do so, especially if it is near any population center. See the problem is, we've filled up our space with so many suburban housing developments, box stores, and highways, that the only land left eventually will be the farm land. And of course I don't think everyone should get a whole bunch of land for nothing. There are too many people for that to work. The problem is what is being done (or not being done) with the land we've got.

If you're asking why workers who work for someone else don't own the things they produce, it's quite simple: they agree to a work contract which states, among many other things, that what they produce is essentially the property of the owners.
Yes I am asking why workers don't own what they produce, and you still aren't answering. You are using the same logic of the power-apologist political philosophers, who supposed that since you are born into slavery, you "kinda" entered a contract, "sort of," but that it still counts. The point is, there aren't any businesses that willingly offer their workers ownership in what they produce. You aren't making a choice and therefore are not entering into a contract. This is the same problem your argument has with scientists. Most times, scientists discoveries aren't owned by them, but their employers. If your logic consists only of saying, "Hey, since you exist, you better sit down and start producing stuff that you won't own," then I hope you are happy signing contracts which exploit you, afterall you don't really have a choice.
Essentially, you learn a skill and companies contract you to use your skill. You skill is an extension of you and therefore your property. They then pay you for your property with money. This money becomes your private property to do with as you wish.
We all know how wage labor works. This argument is about the fact that the wages paid to those workers often doesn't support a family. It is also about how these jobs are mind-numbing and tedious, which both contribute to keeping the people in these positions frozen in time. It would be totally different if most jobs paid living wages like they did in pre-1970's United States. We argue about this stuff, because the system of capitalism is failing in front of us, and this failure is occuring over decades, causing obvious changes in how people live. Many of these changes affect families negatively. Wages going down, forcing both partners to work outside the home, leaving their children sitting in front of telescreens. Single mothers working 2 or 3 jobs. Middle-class households having their pension payments halted. No healthcare being provided by your employer (who cares so much about you right?). THAT'S why we debate this stuff. Which is why when people spew out their economic theories of the "free market," it just rings hollow to most humans.
 
Capitalism will never achieve the ideals it strives for. The fact is that you can never get a pure compeditive environment as industries are heavily monopolised, and insider information does play a role with those in the loop. Furthermore, there is an ongoing movement for goverments to be united with corperations. There is also the added element that we live in a class based culture, and in addition to this there is only a limited amount of resources world wide. The top societies arent about to hand out equal control to these resources to each goverment. Its doing the opposite, as the weaker governments have other countries come in and take their natural resources. The same class system fundementals that is used for people and social groups is also in play for countries. The only goal of the current financial system is to get the money to circulate through the system at a certain place as this shows that people are buying into the system, but should natural resources run out then entire industries and financial markets will collapse. All that wealth isnt just made up by feeding the natural desires of a nation, its mainly done by plundering others.
 
ebola! said:

To be fair, I'll buy your picture when someone making my shoes in Malaysia owns a significant amount of stock in Nike.

First of all, chances are they don't work for Nike. They work for a factory owner in Malaysia who contracts with Nike to sell them shoes.

Second, as I've said before, they would be making pennies instead of $2 if Nike didn't contract the factory to provide employment. Would you like that better? I think not.

Third, as I've said before, wealth takes time to grow. You are expecting economic miracles and as long as that is the case, you will be sorely dissapointed. I want them to be paid more just like you do but that takes time.

This is not the case. We communitarians advocate equal access to the means of production and free sharing outside the bonds of the system of private property, not necessarily equal and identical material outcomes. And the question of money? The answer for a communitarian system is "not applicable".

And we're back to square one. It's fine if you advocate equal access to the means of production and whatnot. Advocate all you want. The only way to ensure that there is equality is to have someone make sure there is equality.

If you don't advocate equal material outcomes, then it necessarily follows from this inequal material outcome that some had more access to the means of production than others. The truth of this proposition can't be denied. This must be the case, otherwise, certain people wouldn't have more material possessions than others. You therefore have unequal access to the means of production.

Again, there must be "regulators" (a government) of some sort to see this doesn't happen. This is because humans are naturally competitive, just like the rest of the animal kingdom.

More commonly, though, one may be denied a job at prudential as a market analyst and be granted a job at Wal-mart. I think it revealing that your example is thoroughly professional-managerial.

Perhaps they may be granted a job at Wal-Mart as a Wal-Mart market analyst. Or perhaps not. Maybe they'd be a cashier. That's doubtful with an education like that, but certainly possible in poor economic conditions.

The point here, though, is that what you do in life is in your hands. You are not held down and lost in a sea of communal ownership, where the truth is, you really own nothing and will never be able to meet your potential.

This is only the case if we take the capitalist system as a given.

Ok, fine, so tell me how new ideas would be put into practice in a truly communitarian system with no money system and no private property. Let's say a guy has a great idea that will revolutionize "X". How is it going to be put into place? Who is going to give up their limited resources, which have been divided out equally, and their time in order to construct and implement the revolutionary "X"?

No, you don't have this right. Trying to set-up a self-sufficient commune outside of the market economy? Try paying property taxes.

There are islands and countries you can go to where there is no such thing as property taxes.

Another option is to vote in candidates who share your beliefs that will repeal property taxes.

yes, but we have to ask what sort of preconditions make this agreement rational and seemingly mutually beneficial.

You're trying to turn this into a circular discussion. We've been through this. Private property makes this agreement rational and mutually beneficial. You may not like what happened in the past to secure some "claims" of private property and I'm right there with you on that. The past cannot be undone, though. The system of free-market capitalism we have now is the best system out there at the moment.

If you really dislike private propety that much, then by all means, give your land back to the Native Americans who originally claimed it and lift that burden from your shoulders. ;)

No, the stats I have seen show that capitalists generally start with assets.

Yes, they start with some assets like capital. They have to, otherwise they couldn't operate. What I'm trying to say is that they almost always don't start off with wealth becaue their liabilities far outweigh their assets.

You're right. It took hundreds of years of pillage.

To obtain some of the land we pillaged, yes. All of it, no.

Besides, simply having land doesn't ensure success. It takes creativity, intelligence, and hard work. Our success as a country has much more to do with that. You can have all the land you want, but if you can't make good use of it, then no progress will be made.

Originally posted by protovack What if my goal is to set up a square mile of land as a farming-collective in place of a Wal-Mart, and what if it is also my goal to not pay for it, considering the Earth doesn't naturally belong to anyone? What if "what I want to be" doesn't happen to be a wage-slave? Well then, I guess it does matter if the capitalist has advantages over others.

I was under the impression that you were talking about the advantages a rich individual has over a non-rich individual. If you're talking about the advantages a capitalist has over a non-capitalist, that's different.

Of course a capitalist is going to have advantages over a non-capitalist in a capitalist society. That's a given! But then that begs the question, why is the society a capitalist one? Because it has been shown over and over again that it provides more efficiency of scarce resources, more intellectual and physical freedom, more wealth, and more technological progress than any other system out there. You can argue with that all you want, but all you have to do to see the truth of it is to look around you.

Before the free-market capitalist system was developed, progress, in all aspects of society, was greatly stunted. Consider how little progress we had made as a species since we first appeared on this planet to the Enlightenment. Then contrast that with the last few hundred years, though, and you'll see a tremendous difference.

The difference was made by a return to reason as a means of "knowing" but also the recognition of what incredible things a man can do with his own property. He can invent things, provide a good or service, and at the same time, provide jobs for other people. It's amazing, really. All this from such a simple concept.

Now, to your specific questions. No, the earth as a whole doesn't belong to anyone, but sections of it do belong to individuals and rightfully so. You're forgetting that land is a scarce resource, there is not enough for everyone to have an unlimited amount. Therefore, it does fetch a price.

If you don't want to be a "wage-slave", then you don't have to. Go to school, learn a trade, contract it out to a company for much better pay, and benefit from a division in labor.

LOL. They are looking for profit eh? And where would I find profit if I were looking for it as well? Where does this "profit" come from? Workers....*COUGH*.....workers.

Profit doesn't just come from workers. Labor is only one factor of production.

More meaningless economic rhetoric. If financial markets didn't exist, we couldn't.....invent new machines......or develop better ways of running our society? That's what I think of when I hear the word "progress." Once again, the capitalists are arguing from within their own system. Take a step back and look at what you are claiming. You claim there is some kind of "progress," yet you only define this as an economy that is expanding. What exactly are we trying to expand here? The numbers labelling people's bank accounts? Or the dignity of human beings? Keep on studying those complex GDP graphs, and productivity curves, and aggregate spending equations. They will not bring you closer to any kind of truth about the economic nature of humans. And claiming that our our current exploitive financial system is somehow "necessary" for our society to progress towards a brighter future, sounds just dull and apologist.

To be honest, I'm not sure what you're getting at here.

No, if we didn't have financial markets, we couldn't develop things that better our lives. Where would companies get money to develop their ideas? Where would individuals get money to develop their ideas and start business fims?

For all your slamming of this horrible, horrible system we have, you forget that it has basically provided you with everything you see around you. Your computer, your car, your TV, everything. That is one of the many beautiful things about our system: it leaves people alone to develop their dreams and ideas. These dreams not only make money for the individual, but they provide jobs for other individuals and they better everyone else's life by providing a good or service that didn't exist before.

I suggest you smash your computer to bits, trash your car, and throw your TV out of a window, because these are all products of the "exploitative financial system" that we have. And if you get dreadfully sick, be sure to refuse medication and treatment, because they too are products of exploitation. Wouldn't want to be a hypocrite, would you?

If you think communitarianism or some other system is better, then please, if you wouldn't mind, explain to me how progress would be made in such a society. See the problem above that I proposed to ebola.

Yes I am asking why workers don't own what they produce, and you still aren't answering. You are using the same logic of the power-apologist political philosophers, who supposed that since you are born into slavery, you "kinda" entered a contract, "sort of," but that it still counts. The point is, there aren't any businesses that willingly offer their workers ownership in what they produce. You aren't making a choice and therefore are not entering into a contract. This is the same problem your argument has with scientists. Most times, scientists discoveries aren't owned by them, but their employers. If your logic consists only of saying, "Hey, since you exist, you better sit down and start producing stuff that you won't own," then I hope you are happy signing contracts which exploit you, afterall you don't really have a choice.

Workers don't own what they helped to produce for a couple of reasons.

1) They only helped produce a small portion of it, due to division of labor. It wouldn't make sense for them to "own" something that they only had a small hand in developing. The reason labor is divided, as I said, is because it's more efficient, both in production and maintenence of scarce resources. Plus, workers get paid more if they highly specialize in a skill.

2) They use the capital owned by the firm's owners. It wouldn't make sense for a worker to "own" something that was partially produced with machinery owned by someone else.

3) As I pointed out above, they voluntarily enter a contract to provide their services for monetary payment. They don't want to own what they produce because that would be meaningless. What the fuck are they doing to do with a pencil that they helped produce, for example? You can't buy things with pencils! They want to be paid in money, not in what they produce.

People aren't paid in the things they produce because we don't have a barter system, we have a monetary system.

As for owning the means of production, I've already been through that with my financial markets example. Workers who save money in banks through a variety of ways do own the capital that business firms used to produce.

We all know how wage labor works. This argument is about the fact that the wages paid to those workers often doesn't support a family. It is also about how these jobs are mind-numbing and tedious, which both contribute to keeping the people in these positions frozen in time. It would be totally different if most jobs paid living wages like they did in pre-1970's United States. We argue about this stuff, because the system of capitalism is failing in front of us, and this failure is occuring over decades, causing obvious changes in how people live. Many of these changes affect families negatively. Wages going down, forcing both partners to work outside the home, leaving their children sitting in front of telescreens. Single mothers working 2 or 3 jobs. Middle-class households having their pension payments halted. No healthcare being provided by your employer (who cares so much about you right?). THAT'S why we debate this stuff. Which is why when people spew out their economic theories of the "free market," it just rings hollow to most humans.

If your wage is not supporting your family, perhaps it's time to consider something else. You have control over your life, nobody else does.

Capitalism isn't failing. It continues to evolve and adapt to the strains that are put on it.

The problems with capitalism are not, 95% of the time, a result of capitalism itself. Rather, the problems are from government meddling.

Want to talk about wages going down? Fine, let's talk about how government manipulation of monetary policy dramatically decreases your purchasing power.

Want to talk about unemployment? Fine, let's talk about how monetary policy tightens up money supply to the point where investment and consumption halt, forcing business firms to release workers because aggregate spending goes way down as a result.

Let's also talk about how the government has a $7 trillion debt, strangling business' ability to expand, provide new jobs, and provide higher pay?

Did you know that the last tax cut that was given was borrowed out of the financial markets because the government is so dead broke and in debt?

Want to talk about healthcare? Fine, let's talk about how government inteference in the market in the 1940s created a dependence of our society on health insurance in the first place.

I'm game. Let's talk about these things. You'll quickly find out, though, that your blame on capitalism for the problems of society quite rightly belong on the government instead.

Originally posted by Void
Capitalism will never achieve the ideals it strives for.

I agree, which is why I advocate free-market capitalism.
 
First and foremost we require real democracy. Economics and markets are directly effected by the morals and human rights that society upholds, not just writes down but actually upholds. Its something else when corperations only care about profts and only answer to their shareholders. Are businesses suppose to add something more to society then jobs, and what is the market suppose to achieve? Economic slavery? sustainable living? To satisfy everyone's basic requirements? -it doesnt even do that. You need democracy, not some fucked up 4yr side show where politicians try to make people relate to them rather then talk to them.
 
>>First of all, chances are they don't work for Nike. They work for a factory owner in Malaysia who contracts with Nike to sell them shoes. >>

I shoulda been more rigorous. :) Hell, I'll buy your picture even when she owns part of that subcontracting firm.

>>Second, as I've said before, they would be making pennies instead of $2 if Nike didn't contract the factory to provide employment.>>

I simply disagree. Without multinational corporate investment and cooperation of corrupt, authoritarian local governments, people in these so-called developing countries would have had greater access to the wealth of their land. This could have lead to either greater ownership in local industry or simply greater self-sufficiency at smaller levels (local farming for one's self).

>>The only way to ensure that there is equality is to have someone make sure there is equality>>

surely, it is a special case when this someone is everyone... ?

>>This is because humans are naturally competitive, just like the rest of the animal kingdom.
>>

*sigh*...I really wish we didn't have to resort to untenable axioms about human nature. In "the world of nature", even on Darwinian terms, cooperation is as valid a species-preserving strategy as inter-individual competition....as is symbiosis. Human beings cooperate. Human beings compete as well. It is within the scope of our powers to choose our strategy. the mutability of that which has been declared human nature over history and cultures has shown us this.

>>Another option is to vote in candidates who share your beliefs that will repeal property taxes.>>

here is a whole 'nother can of worms. Due to the precondition of corporate contributions for "legitimate" canidacy, we find our representatives endebted to the capitalist class and working in their interests rather than those of the populace at large.

>>If you really dislike private propety that much, then by all means, give your land back to the Native Americans who originally claimed it and lift that burden from your shoulders.>>

ummm...I own no land. :)

>>Yes, they start with some assets like capital. They have to, otherwise they couldn't operate. What I'm trying to say is that they almost always don't start off with wealth becaue their liabilities far outweigh their assets.
>>

The stats I have seen have shown that the majority of capitalists start with substantial wealth. It may soon turn negative due to loans taken, but this beginning wealth (along with intra-class social networking) is a precondition for those sorts of loans.

okay...
I think this conversation has run its course. We have found where we disagree empirically.
1. On the level of opportunity offered by capitalism (domestically and abroad). and
2. On the source of poverty and wealth in the third world.

now I could give you a rough sketch of what shape a communitarian anarchist economy could take...or you could check out that FAQ for a more elaborate exposition.

ebola
 
A few quick points...

ebola! said:
I simply disagree. Without multinational corporate investment and cooperation of corrupt, authoritarian local governments, people in these so-called developing countries would have had greater access to the wealth of their land. This could have lead to either greater ownership in local industry or simply greater self-sufficiency at smaller levels (local farming for one's self).

Firstly, I'd like to say I'm completely against corrupt governments of any kind, especially authoritarian. Remember, I'm advocating free-market capitalism.

Secondly, though, the "wealth of their land" as you put it, is, in fact, the labor that they provide to western countries through contracts. Consider the length of time it would take a worker to only provide for themself by growing crops and such. A long-ass time of hard work for something (food), which, BTW, has no store of value and therefore no application towards a better life in the future through better infrastructure in the country.

Consider the same length of time, though, working for a factory. They obtain far more money which can be used to improve their life and the future of their country because it's a store of value.

In other words, their time is much better spent working for the factory.

surely, it is a special case when this someone is everyone... ?

No. That is the inherent logical flaw in communitarianism. In order to have true equality in terms of ownership of production, one must make sure that everyone is indeed equal.

If what you say is true and everyone would be this "someone" (which has many implicit problems within itself), then what you have is one, massive enforcer of the rules of equality; a government which everyone is a member of. It would be a society modeled after the Senate.

*sigh*...I really wish we didn't have to resort to untenable axioms about human nature. In "the world of nature", even on Darwinian terms, cooperation is as valid a species-preserving strategy as inter-individual competition....as is symbiosis. Human beings cooperate. Human beings compete as well. It is within the scope of our powers to choose our strategy. the mutability of that which has been declared human nature over history and cultures has shown us this.

Sure, human beings cooperate. Sometimes they compete, as well. However, there is an underlying principle in humans that is true of all life: they do what is in their best interest. They are selfish.

If it is in a man's best interest to cooperate with another man, then he will do so. Consider the early hunter-gatherer humans. A group of men would cooperate to bring down a woolly mammoth. Why did they cooperate with each other? Because it was in each of their best interest to do so. They would have a much harder time trying to do it by themself and each of them knew this.

In essence, what is happening is each man is voluntarily offering his service to the other men, in exchange for their services. What this is, then, is the beginning of trade.

Humans must eat. Humans must rest. Humans must have shelter. Humans must have clothing. No matter what form of economics one employs, one cannot escape the selfish requirements of life. And it is free-market capitalism that best allows man to pursue his selfish requirements to sustain his life and at the same time provide opportunity for others to better their lives.

ummm...I own no land. :)

Well, then you must be borrowing land. And the land you are borrowing was stolen! Relinquish your grasp of this land and lift the terrible burden of private property from your shoulders! ;)

okay...
I think this conversation has run its course. We have found where we disagree empirically.
1. On the level of opportunity offered by capitalism (domestically and abroad). and
2. On the source of poverty and wealth in the third world.

Well, probably yes on #1, but just to be clear on #2, I would say oppressive governments, most often.

However, I think the disagreement here is more fundamental: the issue of private property.
 
>>Consider the length of time it would take a worker to only provide for themself by growing crops and such. A long-ass time of hard work for something (food), which, BTW, has no store of value and therefore no application towards a better life in the future through better infrastructure in the country.

Consider the same length of time, though, working for a factory. They obtain far more money which can be used to improve their life and the future of their country because it's a store of value.

In other words, their time is much better spent working for the factory.>>

I have, and with the wages they're paid, I disagree.

>>No. That is the inherent logical flaw in communitarianism. In order to have true equality in terms of ownership of production, one must make sure that everyone is indeed equal.

If what you say is true and everyone would be this "someone" (which has many implicit problems within itself), then what you have is one, massive enforcer of the rules of equality; a government which everyone is a member of. It would be a society modeled after the Senate.>>

Hmm...I imagine something much more fluid than a large senate. Also, I think it matters that it is the would-be exploited themselves who prevent their own exploitation. But...whatever...you can call that a govt. if it suits you.

>>In essence, what is happening is each man is voluntarily offering his service to the other men, in exchange for their services. What this is, then, is the beginning of trade.>>

I disagree. Cooperation is built out of mutual orientation towards common ends and mutual aid in the acheivement of those ends. It is only within the system of private property that cooperation is constructed primarily as trading. It is also only within this framework that we begin as atomized, selfish units with an orientation towards competition.

>>Well, then you must be borrowing land. And the land you are borrowing was stolen! Relinquish your grasp of this land and lift the terrible burden of private property from your shoulders! >>

Truth be told...I'm part indigenous. I can grab an apartment with that claim there. :)

>>However, I think the disagreement here is more fundamental: the issue of private property.>>

well, yes, but this is a rather complicated can of worms...dependent on various logical and empirical commitments of ours. I was trying to get at the most clearly empirical issues which divide us.

ebola
 
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