Jan 18, 2008

What's wrong with Capitalism.

For many years, I have heard almost same answers about my question how Capitalism works.

First few years, I doubt whether they say truth or biased facts. But even after few years later, I still hear almost same story from other people.

Since it has long history and broad spectrum, I cannot experience what's going on in real world, so I need to rely on books, logics, and the other's ideas.

This is how Capitalism works, as long as I have understood.
  • 1. The factory owners, or the rich, act to make their profit high. If they can do everything what they want to do in free market, everything will be fine, because the Invisible hand will make it better as if God has made human society better.
  • 2. Capital has accumulated everywhere. We can see beautiful buildings and wonderful achievements everywhere. But most people cannot have them. Most of Capital has been belong to few people, the rich. The promise, "everything will be fine" is absolute truth for the rich, but it is doubtable truth for the poor.
  • 3. It is also true most people cannot accumulate Capital, and all they can do is sustaining their life and producing next generations only when they work hard. If they don't work, they lose their Right to live as the Serf did in Feudalism.
  • 4. Sometimes depression happen, and people suffer for few years. Some people die by starvation. And it is also generally accepted true that people do war in order to recover economics depression. Some people die by war.
So what's wrong with Capitalism. Why does few people criticize it? Nothing can be perfect. It seems like enough.

It is so much better than Feudalism. And the system still give people chances to be the rich.

As the result, it looks like unfair that only few people has so much money. But it might be fair at the beginning point in history; or it was also not fair even at the beginning point, but who cares? The past is just past.

At least the system lets people alive. Unfortunatly sometimes disaster such as war happen, but it is rare cases. Finally everybody die, no matter how they die. People feed the system their fresh, and they honorably die for the others rather than for nothing.

For few disadvantages, we can excuse and most people concede it is not perfect but our best.

I don't see any problem.


Anonymous said...

The history of human society may be doomed to be biased. The people who write it down can only believe what he or she believed, not what human as a integrity believed. They born as a citizen for one nation. They love or hate its nation with their own reasons. As what you have said, Nothing can be perfect, so are they, so are we.

Logic may be the only solution for us to feel free from bias, but not everything would like to fellow the logic. They can but they don't want to. People behind it don't want to.

Maybe, there is no chance for human to realize the so-called Final Truth. we can only fight for the best in the worst, or fight for ourselves in order to make our lives go on.

As Marx said, Capitalism is an improvement compared to the feudalism, but where are we going to go? It is still an open question, right?

let's strive for Final Turth not only the truth for ourselves.

Black Beauty

Anonymous said...

i don't think capitalism itself is responsible for every problems in our world.

first of all, we need to accept the truth - unfairness is natural thing. someone say like this, "All people are equal, deserving the same rights as each other." but, people could be satisfied only by same rights? i don't think so. most of people want same or better result compared to others. so called equality of result. this means it's about human nature, so even ideal or perfect Capitalism cannot solve it.

even if Capitalism give the same chances and the same enviornment for competition, the results from each person will be different from each other. cause our ability and originality is not equal. (the ability i mentioned include even effort)

i think we have 'selfish gene' like book title by Richard Dawkins. no matter which social system we belong to, we can't accuse it as wrong. there is no right or wrong in Capitalism, Communism, even Feudalism. only conflicts exist. it's not from system defect, but from human nature.


Jay said...

Kevin, Thank you for your comment.

So do you mean we should just give up to make the world better, until we can control our gene?