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Tag Archives: Capitalist World.

THE BEADY EYE LOOKS AT THE TYRANNY OF GROWTH.

02 Saturday Dec 2017

Posted by bobdillon33@gmail.com in Algorithms., G7., GDP., Happiness., HUMAN INTELLIGENCE, Humanity., Life., Modern day life., Social Media, Sustaniability, Technology, The cloud., The Future, The world to day., Unanswered Questions., United Nations, What Needs to change in the World, Where's the Global Outrage., World Leaders, World Organisations.

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Advertising industry, Algorithms for Profit., Algorithms trade., Algorithms., Artificial Intelligence., Capitalist World., Current world problems, Economic Growth, GDP., Our world problems, Profit at all Costs.

 

( A Twenty minute read)

They say we have free will, but there are many types of tyrannies in our world.

You could describe our hand-held devices which are keeping us connected to anything, anytime, anywhere as one. 

We now use our hand-held devices for almost everything. More importantly, they use us for everything.

The extreme availability of information has not led to a more enlightened population, but to more confusion.

Connectivity is both a blessing and a curse.

It has become the pathway for almost all we do as we have become helpless without technology and the need for immediate data at our fingertips. But this is taking its toll.

The number of times we look at our phones daily would shock you: some studies say 50 times, others as many as 75 to 150 times. Most of our e mails are reactionary.Tyranny of the Should

Information technology is all-pervasive in production and consumption.

Each time we look at the phone, we look away from what we should be or were focused on. Our collective ability to stay focused on anything is destroyed.

How does this connect to Growth.

It is too simplistic to attribute all of our economic problems to government: indeed, that sort of reasoning is counterproductive: it absolves everyone else responsibility.

Although part of the responsibility lies with forces that are outside a government, a significant share rests with the attitudes, preoccupations, we have to Artificial Intelligence that is now analyzing our every movement to the extent that advertising is becoming personalized.

I’m not saying that growth is bad but growth that destroys value just for profit is cancer that is driving inequality with a tendency to cluster around the short-term, issues while ignoring reality is going to bite us all.

I want to begin by touching on a crucial economy-wide factor
in the erosion of our economic strength which fosters short-term
thinking.Résultat de recherche d'images pour "pictures of social media advertising"

Advertising:

 It is a major driver of unnecessary consumption.

This hasn’t always been the problem. Advertising use to inform you of the useful qualities of an object. Now it manipulates your emotions like anxiety and promises to improve social acceptance or class distinction.

It is now with a frenzy of social media advertising attaching its self to saving the world  that is driving consumption to new dizzying heights.

Growth for growth’s sake, is an ugly word with even uglier connotations when it is using social media in the form of algorithms FOR PROFIT, regardless of the cost.

So what is driving it:

In the information age, time is compressed and events are squeezed into ever-decreasing periods.

We have governments encouraging a restless, fleeting mode of being, and a superficial, hurried culture, which is inimical to fundamental values.

They encourage growth programs, the benefits of which are available   immediately, but the costs of which appear only at a later stage. They are less interested in public investments that have to be financed now but do not payoff adequately before the next election.

It’s as if human progress depends on economic progress.

At minimum, the kind of short-term oriented cycle in which we find ourselves behaves as though tomorrow is forever. And, in fact, a series of tomorrows will create a forever — a very predictable one — and not a very desirable or promising one.

Rewards which are heavily focused on short-term results, even if they make some financial sense, often do not deliver the economic promise or the synergy which is anticipated.

Perhaps it is true that the landmarks in human progress — in the arts, science, government, or elsewhere — have rarely been reached in societies in which the economy was unable to free most of its members from a daily obsession with subsistence needs.

On the contrary, wherever the economy is feeble or stagnant for
a prolonged period, where most people see their basic material
needs as unfulfilled and the prospects for improvement as
unlikely, the result is almost invariably either a dull fatalism
or political upheaval, neither of which is likely to be favorable
to liberty and freedom.

However we are now looking at a unremitting focus on economic growth. The drive to achieve growth at practically any cost and to the exclusion of all other measures of prosperity.

This focus on GDP growth as the prime measure of economic success is out of date. It’s not how big it is that counts, it’s what you do with it.

The distance to the future – is no longer the next election, it will be how much you are willing to pay the Cloud for information. The cumulative effects of almost five decades of constantly accelerating reliance on government regulation to address social inequities and problems is coming to an end.Résultat de recherche d'images pour "pictures of social media advertising"

The linkage between ownership and participation is changing.

Social Media is not just eroding the meaning of democracy but effecting our critical thinking skills. Polluted with consumption advertising it is adding to global inequality.

While there are hundreds of different marketing strategies, only one can bring in consistent sales from day one. Social media advertising. This is why global social ad spending doubled from $16 billion in 2014 to $31 billion in 2016 and is projected to increase another 26% in 2017.

One of the fascinating things about social advertising is that there is virtually no limit to your ability to scale.You don’t have to wait for someone to search for your targeted keywords. You don’t have to wait for someone to run your promotion or read your blog.

( For Instance:

With more than 2 billion monthly users, Facebook hosts over a quarter of the world’s population, providing advertisers with an unparalleled opportunity to reach virtually anyone and everyone. It provides free lead magnet like:

  • Whitepapers
  • Ebooks
  • Product coupons
  • Sitewide discounts
  • Limited-time offers
  • Giveaways
  • Free shipping

These leads can then be nurtured with a targeted autoresponder. Offering free products, download-ables and predictable discounts and coupons for her audience. Doing so has earned Facebook more than $1,000,000 in annual sales in just 2 years. Facebook allows more advanced targeting than any other advertising platform on earth. Advertisers can target by location (within a 5-mile radius), job description, interests, past activity, and many other incredibly valuable criteria.

Instagram now boasts more than 500 million monthly active users and commands one of the highest audience engagement rates in social media, 58% higher than Facebook and 2000% higher than Twitter.

Twitter with 328 million monthly active users, it remains one of the most popular social media platforms. Brands don’t need to pay in order to reach their followers, which enhances the platform’s value even when running paid ads.

Pinterest: With 175 million monthly users is highly targeted toward women with an 81% female user base.

LinkedIn : Where you tend to find the highest average disposable income, has an estimated 227 million monthly active users.

Snapchat Advertising:    310 million users.   

All Social advertising is incredibly measurable.)

(You can, in fact, control when you choose to look at your hand-held device.)

In light of this one easy solution to over-consumption would be to ban advertising- at least in pubic places and on Social Media where Profit seeking Algorithms are used.

Much of’ the crippling of our economic systems can find its roots in Algorithms for profit. (see previous posts)

The consequences of elected government’s short-range perspective are not difficult to understand. They are seen as having succeeded in undermining the economy through overbearing regulation, tolerance of inflation, indifference to the cost of environmental and social programs, and a pervasive anti-business attitude.

Government thus diminishes the private sector’s sense of responsibility —
both in economic and ethical terms — for its own conduct and for its own performance.

While I appreciate that degrowth will not happen as quickly as we need it to do and it will take generations to move our collective consciousness on most issue, we don’t have that kind of time any longer.

Technology that ostensibly should help people save time, has instead led to a situation where time is scarcer than ever.

When an exponential growth curve becomes vertical, time has ceased to exist as duration.”life stands still at a tremendous speed”, with serious consequences for culture, intellectual life and the very fabric of society.

What we do not know today is what it will take to send us to
the pumps.

The struggle now concerns the right to be unavailable, the right to live and think more slowly.

Choosing to live according to one’s own self-made conception of reality, human nature, and happiness is a recipe for tyranny.

It is about time that we ask what wireless communications and the Internet are preconditions for. They are problems need to be understood well, in order to be dealt with the political upheaval that is around the corner.

Relying on averages generate by computers is worsening inequality

within countries, and the world as a whole.

So is there anything that can be done legitimately that will have a positive effect.

Becoming more grounded in ones own true feelings and perceptions is a primary indication that one has begun to free himself from the “tyranny of the should.”

Assuring that investment in future profitability is not sacrificed on
the altar of quarterly earnings growth. Refocusing our approach to economic decision-making, to benefit all not the few.

Willingness to pay the price today for the health and vitality of the country tomorrow is the ultimate test of stewardship. To live with a view to the regime should not be supposed to be slavery, but preservation.

Finally, it is as we all know easy to point the finger, however we are the will in any form or symbol and we are identifiable as water.  

However if we are to address any of our world problems and stop the self-perpetuating downward cycle, with all the suction of a whirlpool, from which there will be no escape we cannot and should not rely on technology to bail us out.

There is only one solution. Make Greed pay a World Aid commission of 0.05% ( See previous post)

Technology, if it has not yet become the de fac~o

decision- — . . . maker in the production process, has

certainly become a participant who cannot be

ignored.

All human comments appreciated. All like clicks chucked in the bin.
 

 https://youtu.be/cV_D2hC50Kk

 

 

 

 

 

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THE BEADY EYE SAYS: CAPITALISM HAS IT ASS OVER TIT.

14 Thursday Sep 2017

Posted by bobdillon33@gmail.com in Capitalism, Our Common Values., Post - truth politics., Social Media, Sustaniability, The Future, The Obvious., The world to day., Unanswered Questions., What Needs to change in the World

≈ Comments Off on THE BEADY EYE SAYS: CAPITALISM HAS IT ASS OVER TIT.

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Cap, Capitalism, Capitalism and Greed, Capitalism isn't working, Capitalism vs. the Climate., Capitalist World., Capitalistic Societies, Free market capitalism, Global capitalism, Neoliberal capitalism:

 

( A twelve-minute read.)

What is the problem with capitalism?

A question that has preoccupied its existence.

The answer is that there is nothing in its internal logic to interrupt its momentum – to stop it eating its way through our planet, and ultimately collapsing our global ecosystems.

We all know that capitalism has brought with it historically unprecedented material advances. But today it is more obvious than ever that the imperatives of the market will not allow capital to prosper without depressing the conditions of great multitudes of people and degrading the environment throughout the world.

After years of ill-health, capitalism is now in a critical condition.

Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated.

We have now reached the point where the destructive effects of capitalism are outstripping its material gains.

No ‘developing’ economy setting out on the capitalist road today, for example, is likely to achieve even the contradictory development that England underwent and is now dismantling.

Résultat de recherche d'images pour "pictures of capitalism"

There is a growing disparity between the material capacities created by capitalism and the quality of life it can deliver.

This is visible not only in the growing gap between rich and poor but also, for instance, in the deterioration of public services in the very countries – such as the US and UK – where the principles of the capitalist market are most uninhibited.

Capitalism was born at the very core of human life, in the interaction with
nature on which life itself depends, and the transformation of that interaction by agrarian capitalism revealed the inherently destructive
impulses of a system in which the very fundamentals of existence are subjected to the requirements of profit.

In other words, the origin of capitalism revealed the essential secret of capitalism.

To day Capitalism is incapable of promoting sustainable development,
not because it encourages technological advances that are capable of straining the earth’s resources but because the purpose of capitalist production is exchange value not use value, profit not people. 

Whatever capitalism may do to enable the efficient use of resources, its own imperatives will always drive it further. Without constantly breaching the limits of conservation, without constantly moving forward the boundaries of waste and destruction, there can be no capital accumulation.

There is, in general, a great disparity between the productive capacities of capitalism and the quality of life it delivers.

Why?

Because the ethic of ‘improvement’ in its original sense, in which production is inseparable from profit, is also the ethic of exploitation, poverty, and homelessness.

The world is changing and the only profits matter approach to business is becoming harder to justify and get away with. The old style of the end justifies the means and the purpose of business is profit is dying.

The transparency of social media and the advent of the global economy, driven by Artificial Intelligence is demanding a change to how Capitalism works.

We are on call 24/7 through email and smart phones which is causing the line between money as the great motivator or happiness to blur.

The attempt to achieve material prosperity according to capitalist principles is increasingly likely to bring with it the negative side of the capitalist contradiction, its dispossession and destruction, more than its material
benefits – certainly for the vast majority.

The system’s contradictions have always gone far beyond the vagaries of economic cycles.

The use of wealth to create more wealth is coming to an end and will be hopefully replaced with intrinsic rewards than by pure financial ones. If values are not lived and only decorate the walls they can become a demotivating factor.

Life would indeed be nasty, brutish, and short if it were solitary, fortunately for all of us, in capitalist society it isn’t.

The beautiful thing about capitalism is that it’s ultimately based on
voluntary exchange for mutual benefit.

So why does it not get sufficient credit for the amazing value it has created.

Because the destructive effects of capitalism have constantly reproduced themselves, its positive effects have not been nearly as consistent since the system’s moment of origin.

So where does this leave us?

Unfortunately there will be no escape from exploitation. Increasingly significant numbers are not so much oppressed by capitalism as they are excluded by it.

The market can no longer act as a regulator of the economy as it becomes digitized. To guarantee some rationality, some correspondence between what people want and what is produced we all Technology to be verified in order to ensure it is complying with core human values. (See previous Posts)

While capitalist discipline celebrates consumption, not all of its subjects are rightly called consumers. To the contrary, many who are subject to its discipline do not so much struggle to consume and accumulate as merely survive, which suggests that capitalism works to deform humanity.

Capitalism has so construed the market that humans interact agonistically, competitively.

All of us, winners and losers, consumers and excluded, compete for resources, for market share, for a living wage, for a job, for the time for friendship and family, for inclusion in the market, and so forth.

Capitalism is now in the process of becoming invisible on the surface.

First, it is computerized and robotized, not to lessen everyone’s work time, but instead to raise profits by reducing payrolls.

Second, it exploited low-wage immigrant labor to offset wage increases won by years of labor struggles.

Third, it moved production to lower-wage countries such as China, India, Brazil and others.

Fourth, it divided and weakened the labor unions, political party groups and other organizations that pursued labor’s interests.

Growth for the sake of growth is the ideology of the cancer capitalist cell.

As a result, inside nearly every country of the global capitalist system, the rich-poor divide deepened.

Can anything be done?

Not much.

Capitalism makes a virtue of what an earlier era denounced as a vice, pleonexia or greed – a restless, possessive, acquisitive drive, but which today is celebrated as the aggressive, creative, entrepreneurial energy that distinguishes homo economicus.

Capitalism is bad for those who succeed by its standards as well as for those who fail by them.

In fact, in many countries today, and for much of human history, it has been widely understood that those who are rich are rich because they took from others, and especially because they have access to organized force—in today’s terms, the state.

Such predatory elites use this force to gain monopolies and to confiscate the produce of others through taxes. They feed at the state treasury and they benefit t from state-imposed monopolies and restrictions on competition. It’s only under conditions of capitalism that people commonly become wealthy without being criminals.

It fails not simply on the grounds of what it fails to do but because of what it succeeds in doing: distorting human desire and relations.

It is often unclear what exactly is being condemned when it comes to Capitalism.

The term “capitalism” refers not just to markets for the exchange of goods and services, which have existed since time immemorial, but to the system of innovation, wealth creation, and social change that has brought to billions of people prosperity that was unimaginable to earlier generations of human beings.

The above may be true but it is now being exploited by what I call the fearsome five empty calorie connections” Google, Apple, Microsoft, Amazon, Facebook and Twitter.

Even if they remain in possession, or indeed outright ownership, of the means of production – they are subject to the demands of competition, increasing productivity, capital accumulation, and the intense exploitation of
labor.

In this barren space, they and us are now locked in competition and struggle for scarce resources.

If you have got this far I can hear you saying come to the point.

What might be the alternatives to capitalism look like?

Capitalism is a cultural system and not simply an economic one, it cannot be explained by material factors alone.

It is now obvious, that the value Capitalism created is at a cost, which we are now reaping:  Our environment, (Climate change) our core values, (We all have a core value in the unknown.) our Humanity all of which have been and are being hijacked by Greed/Profit and now technological progress.

Even if capitalism succeeds in reducing poverty, it is still wrong on account of its distortion of human desiring and human relations, rendering them antagonistic, competitive.

Over the last century, capitalism has repeatedly revealed its worst tendencies: instability and inequality. Inequality has proved to be an inherent trend of capitalism. Resting everything on self-interest is relying on a very incomplete theory of human nature.Résultat de recherche d'images pour "pictures of capitalism"

Now that the capital markets are run by Algorithms and the world has an apparent love-hate relationship with the economic social system, capitalism, is it not time to create a new model of Capitalism.

“Conscious Capitalism.” or Social-Capitalism the seeds of which can be seen in countries like Sweden, Norwegian.

The first principle is that business has the potential to have a higher purpose that may include making money, but is not restricted to it.

Truly moving beyond capitalism means breaking from the employer-employee core relationship.

It means no longer assigning a relatively tiny number of people inside each enterprise to the employer position of exclusively making the sorts of decisions.

(In private corporations the employers are the boards of directors selected by the major shareholders. In state or public enterprises of the traditional socialist economies, the employers are state officials.)

Instead of either kind of employer-employee relationship, system change installs a different core relationship inside enterprises. A different group of people — all workers in the factory, office or store — democratically makes those same decisions. The rule is “one worker, one vote,” and in general, the majority decides. The difference between employer and employee dissolves.

Every business has the potential for a higher purpose. And if you think about it, all the other professions in our society are motivated by purpose, beyond a narrow interpretation of purpose as restricted to maximizing profits.

I think that capitalism and business should fully reflect the complexity of
human nature.

Capitalist interaction is highly structured by ethical norms and rules. Indeed, capitalism rests on a rejection of the ethics of loot and grab, the means by which most wealth enjoyed by the wealthy has been acquired in other economic and political systems.

Capitalist contradictions are increasingly escaping all our efforts to control
them. The hope of achieving a humane, truly democratic, and ecologically sustainable capitalism is becoming transparently unrealistic.

In the midst of the descending darkness of capital, the difference this time is that we know what happened last time.

Postmodern society thwarts our innate desire to participate politically. Just voting in an election every few years, marching once in a while, or signing petitions on Avaaz or MoveOn doesn’t count for much.

We need new avenues for passionate participation – not just in elections every few years, but continuously.

A more generous, egalitarian, patient, deliberate, and accountable form of capitalism must begin with incisive and interdisciplinary social inquiry, without which policy change cannot be successful.

All suggestions all comments appreciated, all like clicks chucked in the bin.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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We don’t live in a digital world – the washing machine has changed lives more than the internet.

23 Sunday Nov 2014

Posted by bobdillon33@gmail.com in Uncategorized

≈ Comments Off on We don’t live in a digital world – the washing machine has changed lives more than the internet.

Tags

Capitalism, Capitalism and Greed, Capitalist World., Distribution of wealth, FOUNDATIONS /FORUM THINK TANKS, Globalization, Greed, Inequility

We do however live in a Capitalist World.

Capitalism is woven into nearly every aspect of our lives, yet it’s rarely subject to substantive conversation.

If we’re to move forward as a society, capitalism needs to be up for serious discussion, honest evaluation and, ultimately, systemic change. Capitalism is often discussed—even dismantled—in academia, but not in terms that make sense to non-specialists.

If there is a problem with capitalism, it is with the greedy few who occasionally foul up the system for the rest of us. The 85 richest people in the world hold as much wealth as today’s “other half”—3.5 billion of the world’s 7 billion humans. Who thinks that’s a fair system? How can it be acceptable that anyone, let alone 2.4 billion people, lives on less than $2 a day?

With more free time, we could build a more robust democracy by engaging with the political issues that affect our lives and organizing more participatory structures to make decisions in our communities. If there’s anything threatening to capitalism, it’s that!

It’s convenient for capitalists to have everyone else thinking they don’t work hard enough and that any ill fortune is their own fault.

How well can capitalism be working when so many say it doesn’t? Capitalism can’t work for everyone. If it did, it wouldn’t be capitalism.”why do we settle for a system that fails so many?

So here is a hypothetical question.

If you were asked to explain Capitalism to an individual who had never experienced or heard of Capitalism what would you say it is.

Here are a few Quotes to get you started then have a look below at what I think.

Gustave Flaubert

“As humanity perfects itself, man becomes degraded. When everything is reduced to the mere counter-balancing of economic interests, what room will there be for virtue? When Nature has been so subjugated that she has lost all her original forms, where will that leave the plastic arts? And so on. In the mean time, things are going to get very murky.” ― Gustave Flaubert

Carl Sagan

“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of thebamboozle. We’re no longer interested in finding out the truth. Thebamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.”

Edward Abbey

“Growth for the sake of growth is the ideology of the cancer cell.” ― Edward Abbey, The Journey Home: Some Words in Defense of the American West

Michael Parenti

“The essence of capitalism is to turn nature into commodities and commodities into capital. The live green earth is transformed into dead gold bricks, with luxury items for the few and toxic slag heaps for the many. The glittering mansion overlooks a vast sprawl of shanty towns, wherein a desperate, demoralized humanity is kept in line with drugs, television, and armed force.” ― Michael Parenti,  Against Empire

Napoleon

“The hand that gives is among the hand that takes. Money has no fatherland, financiers are without patriotism and without decency, their sole object is gain.” ― Napoleon

George Carlin

“Capitalism tries for a delicate balance: It attempts to work things out so that everyone gets just enough stuff to keep them from getting violent and trying to take other people’s stuff.” ― George Carlin

Gustave Flaubert

“As humanity perfects itself, man becomes degraded. When everything is reduced to the mere counter-balancing of economic interests, what room will there be for virtue? When Nature has been so subjugated that she has lost all her original forms, where will that leave the plastic arts? And so on. In the mean time, things are going to get very murky.” ― Gustave Flaubert

Philip Slater

“Our economy is based on spending billions to persuade people that happiness is buying things, and then insisting that the only way to have a viable economy is to make things for people to buy so they’ll have jobs and get enough money to buy things.” ― Philip Slater

Russell Brand

“Perhaps if we could popularise through the techniques of branding and consumerism, a different idea, a different narrative, perhaps the world can change. After all it changes constantly and incessantly, it’s just the perceptions that we have are governed by people with self-interest and are not in alignment with the health and safety of us as individuals or as a planet.” ― Russell Brand

Jonathan Sacks

“To whom is an international corporation answerable? Often they do not employ workers. They outsource manufacturing to places far away. If wages rise in one place, they can, almost instantly, transfer production to somewhere else. If a tax regime in one country becomes burdensome, they can relocate to another. To whom, then, are they accountable? By whom are they controllable? For whom are they responsible? To which group of people other than shareholders do they owe loyalty? The extreme mobility, not only of capital but also of manufacturing and servicing, is in danger of creating institutions that have power without responsibility, as well as a social class, the global elite, that has no organic connection with any group except itself.” ― Jonathan Sacks

Daniel Pinchbeck

“The capitalist mind perceives the world purely in terms of material resources to be used for its benefit, to increase productivity and profit without thought of long-term consequence. If there is still a vague and oppressive sense of guilt, of wrongness and imbalance, this gnawing guilt spurs capitalism on to greater acts of consumption, more …  more violent attempts to subjugate nature, more totalizing efforts to create distractions. To the “rational materialist” mind, death is the end of everything; this thought feeds its rage against nature, which has placed it in this position of despair.” ― Daniel Pinchbeck

Barry Unsworth

“Money is sacred as everyone knows… So then must be the hunger for it and the means we use to obtain it. Once a man is in debt he becomes a flesh and blood form of money, a walking investment. You can do what you like with him, you can work him to death or you can sell him. This cannot be called cruelty or greed because we are seeking only to recover our investment and that is a sacred duty.” ― Barry Unsworth, Sacred Hunger

Chris Hedges

“Unfettered capitalism is a revolutionary force that consumes greater and greater numbers of human lives until it finally consumes itself.” ― Chris Hedges, The Death of the Liberal Class


My Thoughts:

In fact, the term capitalist, is a remnant of sloppy, hysterical, anti-commerce, 19th Century thinking that survives to this day.

I guess it all depends on what kind of capitalism we are talking about and the problem with capitalism is that it is rarely practiced in its entirely.

You might say it is a rat race for the worker who must live a life in which there is a real possibility that changes in consumer demand or in technology will eliminate his/her livelihood and in which his/her ability to find a new job is conditioned by his/her “ability to compete”.

There is not a single day that passes that I don’t hear some complaint about the state of capitalism. “What is wrong with capitalism today?” is dependent on who you ask.

Modern market capitalism has shifted recently with the emerging supremacy of money markets and the financial system over the actual trade of goods. The new capitalism” is based on mathematics rather than trade and its currently practiced is simply not sustainable.

We do not have global organizations capable of managing these tension points nor are societies willing to curb growth and consumerism.

Under capitalism insensitivity to human needs has developed. One of the fundamental faults of capitalism is the basic axiom that if everybody tries to accumulate as much property/money as possible the general interest of the people will be served.

For years now I have watched the gradual drift in the minds of the average person from an understanding of our political economic reality and the need for corrective actions.

The reality is fear and greed are part of the human condition and Growth for the sake of growth is the ideology of the cancer cell.

The mass media is becoming more and more an opiate, an aid for living the unexamined life.

The current world tensions are a result of a struggle for spheres of influence and trade—the socialist markets are essential not open to trade from capitalist countries.

So if I were to explain to days Capitalism I would tempted to say that the essence of capitalism is to turn nature into commodities and commodities into capital. The live green earth is transformed into dead gold bricks, with luxury items for the few and toxic slag heaps for the many.

But no economic order to date has so obviously displayed such an enormous productive capacity as has capitalism.  However whether it aids the poor in escaping their poverty or abets the forces that perpetrate that poverty is still to be seen as Capitalism is inherently exploitative in that it forces people to be “competitive” rather than “cooperative”.

As long as Capitalism exists, there will always be people who will be rich and those that are too poor. One longs for a kind of economic “peaceable kingdom”; such cannot exist under an economic system in which competition plays such a large role as it does in capitalism. For the most part, capitalism can be viewed as complex system based on inequality and monopoly.

In a true Capitalist market economy, we would not price fix, bail out banks, give subsidies, etc.

Peaceful citizens were classed as bloodsuckers, if they asked to be paid a living wage. When morality comes up against profit, it is seldom that profit loses.

In what they call the third world we have glittering mansion overlooking a vast sprawl of shanty towns, wherein a desperate, demoralized humanity is kept in line with drugs, television, and armed force. Let nothing interfere with economic growth, even though that growth is castrating truth, poisoning beauty, turning a continent into a shit-heap and riving an entire civilization insane.

The hand that gives is among the hand that takes.

Money has no fatherland, financiers are without patriotism and without decency, their sole object is gain.

Our political problems have deepened with the demise of unions as an effective political force, the continued growth in the belief in the desirability of pyramid economics and class structure (which has been sold by a media controlled by those at the top of the pyramid), and the dependence of our two-party system upon those at the top of the pyramid for funds to cover their election expenses.
Here’s no such thing as a ‘free’ market.
Globalisation isn’t making the world richer.
Poor countries are more entrepreneurial than rich ones.

Higher paid managers don’t produce better results.

We are quickly reaching the tipping point where growth in GDP in any particular country comes at the expense of growth in GDP of another.

What would replace it (capitalism)?

It’s too late to replaced it by any other system and extremely difficult to prompt any-other system but not too late to rectify its glaring weaknesses.

It’s not to late to suggest/generate ideas to create a better society where everybody is properly fed, clothed, and housed; where everyone worked and received a fair return for their work with none receiving too much; where intellectual development for all is encouraged; where businesses are the servant to man; where the production of war materials end; where the ending of all exploitation, including one region by another or one class by another; where and the ending of a press which is controlled by those who make up the ruling class.

To find the world that could exist after capitalism, we must look to the worlds already being created in the countless cracks of capitalist domination.

Switzerland is to debate the introduction of a living income for all its citizen’s rather than a living wage and social welfare. Perhaps the first step in the right direction. In the meantime Capitalism is still alive and well.

All we can do is to keep on hoping that maybe the corporate government administration and media are on the level with us.

Today’s economy profitability is important, but there are also a plethora of external and internal factors involved which determine the type of model that exists today.

(See Previous Posts. Create a World Aid Fund by capping Greed/profit with a Commission of 0.05%)

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