06-16-2011, 11:14 AM
(06-15-2011, 03:47 PM)shoju Wrote:Quote:You have a better chance at finding a cure for cancer than you do convincing me that capitalism is an ideal, fair and just system.
Capitalism, in theory, is the most absolute fair and ideal system ever.
- private ownership of the means of production, creation of goods or services for profit in a market, and prices and wages
- production is carried out to generate profit and is governed subject to the laws of capital accumulation, regardless of legal ownership titles
- Private ownership in capitalism implies the right to control property, including the determination of how it is used, who uses it, whether to sell or rent it, and the right to the revenue generated by the property.
Basically, If I can find a way to make money that is legal within the laws of the lands, I'm more than welcome to do so.
That to me sounds like Rising and falling based on the merits of ones actions. Free Will and what not. I like that idea.
As I wrote before there are some issues here. You make a kind of generalisation of what you think is fair but omit some very important things.
Capitalism needs population growth.
Capitalism needs increasing consumption.
Capitalism needs 'free' raw materials to be sustainable, and even then will only be sustainable in part of the world.
If capitalism didnot need economic growth I would agree with you.
Capitalism can make it work but it will need to change. One important thing is introducing a cost for use of things like, land, oil, water that refelcts the damage that is done obtaining that land, oil or water, only then capitalism will become sustainable.
Capitalism as it is now, will intrinsicly lead to overpopulation, financial, and food crises.