The Mudcat Café TM
Thread #119265   Message #2587288
Posted By: Amos
12-Mar-09 - 01:31 PM
Thread Name: BS: Capitalism has outlived its usefullness
Subject: RE: BS: Capitalism has outlived its usefullness
Ake:

I will say again that your observation that "capitalism cannot sustain itself" is inaccurate. The problems of large corporations, a culture of obsessive consumerism, and a money-motivation untempered by ethical principle are all issues of culture, and individual, codes of right conduct, and are not built in to capitalism per se, as Carol's Bimboese post makes clear.

IF you want to solve a problem you have to name the right problem, which means differentiating between what's wrong and what ain't. If you are using the word capitalism to mean "the system that allows large immoral corporations to take advantage of individuals" then you are redefining the word, which will make it hard for folks to understand what you are actually saying.

It is not private ownership of the means of production that is at fault in the offenses you describe, and that is the core concept that drives capitalistic systems. PRivate ownership of the means of production is a reasonable reward for bringing the means of production into existence from nothing and creating a game for people to play.


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