Capitalism is evil

Bob George

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I'm sure most of you have heard about Michael Moore's new film, Capitalism: A Love Story. I haven't seen it. I'm waiting for it to get uploaded on one of the big torrent sites. Moore shouldn't mind me downloading it for free. He's against capitalism so surely it would be hypocritical of him to wish to capitalise on this movie. So I'm saying what I'm about to say without having seen the film, which is a little unfair I know. But I've seen a lot of interviews he's done to promote the film so I basically know what he's on about and what he's trying to tell everyone with this movie.

One of the basic messages he tries to convey in this film is that capitalism is "evil". He's explained this in interviews by saying capitalism is legalised greed. But greed is part of human nature. Moore has even acknowledged that in some of the interviews I've seen. So if you acknowledge greed is a basic human function, then you must acknowledge that it exists outside of the exchange of goods and services and the accumulation of personal wealth. It exists in all functions of life including, and some may say especially government. So even in a democratically run system (which is essentially the same as saying a government run system) greed will still exist and it will corrupt the system. Do politicians not act on self-interest and greed? Self-interest is the driving force in our society. That's the fundamental flaw in these ideologies that promote an economy and a society totally run by a democratically-elected body of representatives. They naively think political self-interest is somehow nobler than economic self interest. Tell me Moore, who are these angels that are going to run our economy and not act on self-interest and greed? As you yourself acknowledge, Mr Moore, these are basic human functions. There's no one that doesn't possess these traits. So there's no one who can effectively run our economy. That's why no one should run our economy. You know? Like a free market system.

From what I've read and heard, Moore finishes the movie by saying we need to replace capitalism with another system. You think he's going to say socialism, but the system he proposes we use is... "democracy". Now that sounds great. Everyone loves democracy. We've been told it's the best political system and we've fought to protect it and spread it around the world. I agree, for electing our representatives in government, democracy is definitely the best system. But for running our economy... I don't think so. I've already explained why no one should run our economy and we should let the spontaneous order of things "run" the economy itself. But I haven't explained how democracy is an undesirable system for doing anything apart from electing governments. Democracy is best explained as two wolves and a sheep voting on what's for dinner. It's 51% deciding what the other 49% should do. I don't want to be told what to do. I want to make my own decisions and live my own life. Don't we all? Democracy is the antithesis of individual freedom.

Democracy is also a very corruptible system. If you want to control democratic decisions, you only need to manipulate 51% of the people. That's not hard for the rich and powerful to do. Money is power in a capitalist system. So if you've got the money you can buy the newspapers, buy the cable networks, control the information that is given to the masses and you control everything. And if that's not enough to control the outcome of an election or something, just pay off whoever does end up winning the election. That may sound like I'm criticising the capitalist system that allows people to become rich enough to do that. I'm not. I'm criticising the democratic system that allows rich people to have any power over the rest of us. If government didn't have as much control, than corporate influences in government would mean nothing. It wouldn't matter if some rich CEO paid off a politician if that politician didn't have the power to control the economy through regulation and taxation can funnel all the money from the middle class to the rich people who pay for his campaigns. Decrease the size of government and you decrease the influence of the rich on all of us.

That's all I have to say. I would really like to hear what some of you think about all this. Do you agree with me? Or do you agree with Moore? I'd really like to hear your thoughts.
 
I'm sure most of you have heard about Michael Moore's new film, Capitalism: A Love Story. I haven't seen it. I'm waiting for it to get uploaded on one of the big torrent sites. Moore shouldn't mind me downloading it for free. He's against capitalism so surely it would be hypocritical of him to wish to capitalise on this movie. So I'm saying what I'm about to say without having seen the film, which is a little unfair I know. But I've seen a lot of interviews he's done to promote the film so I basically know what he's on about and what he's trying to tell everyone with this movie.

One of the basic messages he tries to convey in this film is that capitalism is "evil". He's explained this in interviews by saying capitalism is legalised greed. But greed is part of human nature. Moore has even acknowledged that in some of the interviews I've seen. So if you acknowledge greed is a basic human function, then you must acknowledge that it exists outside of the exchange of goods and services and the accumulation of personal wealth. It exists in all functions of life including, and some may say especially government. So even in a democratically run system (which is essentially the same as saying a government run system) greed will still exist and it will corrupt the system. Do politicians not act on self-interest and greed? Self-interest is the driving force in our society. That's the fundamental flaw in these ideologies that promote an economy and a society totally run by a democratically-elected body of representatives. They naively think political self-interest is somehow nobler than economic self interest. Tell me Moore, who are these angels that are going to run our economy and not act on self-interest and greed? As you yourself acknowledge, Mr Moore, these are basic human functions. There's no one that doesn't possess these traits. So there's no one who can effectively run our economy. That's why no one should run our economy. You know? Like a free market system.

From what I've read and heard, Moore finishes the movie by saying we need to replace capitalism with another system. You think he's going to say socialism, but the system he proposes we use is... "democracy". Now that sounds great. Everyone loves democracy. We've been told it's the best political system and we've fought to protect it and spread it around the world. I agree, for electing our representatives in government, democracy is definitely the best system. But for running our economy... I don't think so. I've already explained why no one should run our economy and we should let the spontaneous order of things "run" the economy itself. But I haven't explained how democracy is an undesirable system for doing anything apart from electing governments. Democracy is best explained as two wolves and a sheep voting on what's for dinner. It's 51% deciding what the other 49% should do. I don't want to be told what to do. I want to make my own decisions and live my own life. Don't we all? Democracy is the antithesis of individual freedom.

Democracy is also a very corruptible system. If you want to control democratic decisions, you only need to manipulate 51% of the people. That's not hard for the rich and powerful to do. Money is power in a capitalist system. So if you've got the money you can buy the newspapers, buy the cable networks, control the information that is given to the masses and you control everything. And if that's not enough to control the outcome of an election or something, just pay off whoever does end up winning the election. That may sound like I'm criticising the capitalist system that allows people to become rich enough to do that. I'm not. I'm criticising the democratic system that allows rich people to have any power over the rest of us. If government didn't have as much control, than corporate influences in government would mean nothing. It wouldn't matter if some rich CEO paid off a politician if that politician didn't have the power to control the economy through regulation and taxation can funnel all the money from the middle class to the rich people who pay for his campaigns. Decrease the size of government and you decrease the influence of the rich on all of us.

That's all I have to say. I would really like to hear what some of you think about all this. Do you agree with me? Or do you agree with Moore? I'd really like to hear your thoughts.

Very interesting, well thought out post.

I mostly agree with what you are saying here. I am all for the free market system, but I do believe it does need LIMITED amounts of oversight to protect people. The horrible situation with Bernie Madoff comes to mind for example.

But then again, would government oversight really do anything to help "the people" in the case of Bernie Madoff's ponzi scheme? I'm not sure. With all the corruption in government I'm really not even sure.

All I know is that capitalism in it's purest form is a good thing. It just sucks when sometimes a few jerks take advantage of it and try to screw people over. What's the answer to prevent this? I'm not totally sure.

Let me think about this some more and if my feeble little brain comes up with anything else even remotely worthy hearing I'll try to post it...lol
 
Very interesting, well thought out post.

I mostly agree with what you are saying here. I am all for the free market system, but I do believe it does need LIMITED amounts of oversight to protect people. The horrible situation with Bernie Madoff comes to mind for example.

But then again, would government oversight really do anything to help "the people" in the case of Bernie Madoff's ponzi scheme? I'm not sure. With all the corruption in government I'm really not even sure.

All I know is that capitalism in it's purest form is a good thing. It just sucks when sometimes a few jerks take advantage of it and try to screw people over. What's the answer to prevent this? I'm not totally sure.

Let me think about this some more and if my feeble little brain comes up with anything else even remotely worthy hearing I'll try to post it...lol

Government oversight sounds like a good thing that protects the people. But what it really does is it gives corrupt politicians the opportunity to control the economy in a way that benefits their corporate buddies. Most regulations imposed by the government seem to benefit big business rather than small business. Regulations serve to protect the status quo so that those on top will stay on top and those who aren't can never get there without jumping through hoops and cutting through government red tape. It's a complete myth that big businesses and corporations love free market principles such as deregulation. A free market forces people to compete to get ahead. So those who are already ahead obviously don't want competition. Big business will support government legislation to stifle competition if it serves their interests.

How you stop people taking advantage of the free market is not through government. Government is just another avenue for corrupt capitalists to abuse the system. So taking away that avenue is one way to prevent people from corrupting the capitalist system. In a truly free market, you rely on consumer watch dogs to protect you. But the more government steps in to "protect" us, the less individuals in our society feel the need to step up to protect each other. Government run social programs that don't work replace private charities that do work. Government regulations to "protect" consumers replace consumer watch dogs that genuinely protect consumers.
 
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