Why Capitalism is Inherantly Destined to Fail Every Time

reply to post by Observer99


Well put, but I will have to be the lone voice here who sticks up for outsourcing. There are a lot of reasons companies fail … most of it comes down to bad management though. One practice of poorly managed companies is not understanding what their core competencies are and not focusing enough on them. They spread themselves too thin and BIG things fall thorough increasingly large cracks. Outsourcing allows companies to shed activities that are not essential to their core activities. These ancillary tasks can be handled better by other companies and organizations that specialize in them. Some ancillary tasks become so specialized that a company may not even be able to competently handle it.

We can certainly argue about what is and what isn’t a “core” activity for any given organization but outsourcing has its place and its not always a bad thing.

Originally posted by SirMike
reply to post by doctornamtab

 

Job rotation. Share the work .... so the pediatric radio-neurologist picks strawberries for 3 weeks a year. That’s a good use of his talents.

And lets make Einstein work in a patent office for years and years so he can pay for food and shelter. Thats a good use of his talents.

Besides, your radio-neurologist is already contributing to society. He doesnt enter into job rotation because he already has a job. Think Mcfly, think.

Do you have any solutions to the problems of capitalism Mike or are you just a hater?

reply to post by VikingDude


And who designs/builds/maintains the harvesters or is that a shared job as well? You are caught in a vicious circle here, a kind of vagina with teeth, and everything you propose as a way to provide “freedom” to the “slave” invariable creates a whole new class of “slaves”.

Originally posted by doctornamtab
And lets make Einstein work in a patent office for years and years so he can pay for food and shelter. Thats a good use of his talents.

Besides, your radio-neurologist is already contributing to society. He doesnt enter into job rotation because he already has a job. Think Mcfly, think.

Do you have any solutions to the problems of capitalism Mike or are you just a hater?

That work Einstein did at the patent office really put a dent in his work on photoelectrics and general relativity didnt it and correct me if I am mistaken, but no one ordered Einstein to work there, he did that on his own accord.

I offer no solutions because I see no problems with the fundamentals.

reply to post by michael1983l


Capitalism is not a problem, it has problems. Same with Socialism. I think there needs to be a balance. Should people become rich and corner an entire market concerning life essential services? I think anything that is not considered life giving or promoting should be entirely free to do business, but those services that every person relies on should be ran by the state or other government. However, if a corporation wanted to provide those life essential services they should be required to comply with heavy regulations. Not regulations that cost excessive amounts of money, but regulations that seek to ensure low costs, safe, and effective services for the public.

I think the main problem with Capitalism is not in its design. It is in the way it is tilted, currently, in favor of the rich and wealthy. Where the mom & pop shops cannot compete, and are forced to work for another person, robbing them of their creative ability to support themselves.

reply to post by SirMike


You haven't watched the movie yet I guess. Here. I'll provide a link for you www.abovetopsecret.com...

Now. In case you don't want to watch the video, I'll write a little summary of what it is all about.
A study was conducted regarding money as a motivator for people to produce better results at work. What they found out, is that in most cases, cash prizes makes things worse for the employee. What they then discovered was that people who master a skill or a profession are, TODAY, volunteering their time (doing this for absolutely free) to help others in the area of which the mastered skill or profession. Some do it between 20-30 hours a week! And again, they do it FOR FREE.
So if a person likes making machines or engineering as a whole, then he/she would gladly work on harvesters etc.
Find something you love to do and you'll never have to work a day in your life

Originally posted by SirMike

That work Einstein did at the patent office really put a dent in his work on photoelectrics and general relativity didnt it and correct me if I am mistaken, but no one ordered Einstein to work there, he did that on his own accord.

I offer no solutions because I see no problems with the fundamentals.

Good lord. Talk about head in the sand. The economy is in free fall and we're in 5 wars to assure American economic prosperity and there are "no problems with the fundamentals"?

And no, no one is "ordered" to work. They're forced to work because capitalism turns hunger into a debt that we must work to repay. Just because theres no singular, Big Brother-Joe Stalin face behind that force doesnt mean its imaginary. He eventually quit when he AFFORD to quit. Think of all the genius we missed out on because he spent 8 hours a day in some office instead of doing what he was best at.

Another point against capitalism: it doesnt allow people to do what they're best at since we're busy repaying the debts of the body. Or, if we DO start a business we're forced to maximize profit instead of human happiness.

reply to post by doctornamtab


I couldn't agree more!
2nd

reply to post by michael1983l


how would any of us know?
no one here has ever seen, or experienced real, honest, capitalism before.
we have only seen the exploitations of the name.

reply to post by violence=answer


I don't think we'd ever be able to see true capitalism. People tend to get greedy when money is involved. The ONLY problem (the way I see it) is that capitalism, or the quest for wealth, leads to greed and greed corrupts people. It would probably be a good thing, if humans weren't greedy.

reply to post by VikingDude


I am familiar with Pink and his speech at TED on this subject. But you, or rather Pink, cannot convince me that academic studies involving rewards and motivations correlate directly to workplace behavior and I am hesitant to read too much into how undergrad test subjects respond to completely artificial scenarios. Having received reward and other "extrinsic motivators" nearly my entire working career I can guarantee you the real word is more nuanced than a controlled psychological studies.

And Pinks argument not withstanding, we have spectacularly catastrophic examples of extrinsic/intirinsic motivators which show themselves to be plagued by inefficiency, chronic shortages, and low productivity: The USSR, Maoist China, GDR etcetera.

reply to post by VikingDude


i think if greed, or the want for something better, drives the idea for a better product, and manufacturing of that product, its a good thing.
hell the FREEDOM to get honest, proper credit, for your product should be in there too...
either way, in order for it to happen or work... lol... is for honesty, and respect to come first...

Originally posted by VikingDude
reply to post by violence=answer

 

I don't think we'd ever be able to see true capitalism. People tend to get greedy when money is involved. The ONLY problem (the way I see it) is that capitalism, or the quest for wealth, leads to greed and greed corrupts people. It would probably be a good thing, if humans weren't greedy.

You fundamentally contradicted yourself, remarkable feat for such a small paragraph.

You first say that people are not greedy and that money and capitalism leads to people becoming greedy. You then say that people are greedy.

Which is it, are we born greedy or do we become greedy?

reply to post by SirMike


But what I'm talking about is much more than any communist country has been able to provide. There are vast differences between the things they did, and what I'm talking about. I haven't used any communist countries as an example of the society that I want, simply because they are far from being perfect. Communism doesn't work when done the way those countries did it.

reply to post by SirMike


I have talked about changing peoples mindsets in one of my previous replies. Something that you must already have forgotten, or not read.

Originally posted by doctornamtab
Good lord. Talk about head in the sand. The economy is in free fall and we're in 5 wars to assure American economic prosperity and there are "no problems with the fundamentals"?

The fundamentals have nothing to do with the situation we find ourselves in now as they are endemic to the human condition are exist independent of capitalism, existing long before Adam Smith.

And no, no one is "ordered" to work. They're forced to work because capitalism turns hunger into a debt that we must work to repay.

What a cruel society indeed that people should be compelled to work to procure the labor and fruits of others. What monsters we have become.

Another point against capitalism: it doesnt allow people to do what they're best at since we're busy repaying the debts of the body. Or, if we DO start a business we're forced to maximize profit instead of human happiness.

The “debts of the body” are paid in every system, its simply the means of exchange and the level of organized coercion that differ. Capitalism forces people to weigh doing what they want and doing what they would be most productive at by incentivizing them. A good poet is compensated less than a competent pipefitter because society, through the choices of billions of individuals, deems the value of the pipefitters skill more highly.

Originally posted by VikingDude
reply to post by SirMike

 

I have talked about changing peoples mindsets in one of my previous replies. Something that you must already have forgotten, or not read.

Well, good luck to you with that. And BTW, you never answered my question on that point: what happens to the farmer who wont give up his crop or his land so that others may be free to engage in their aesthetic pursuits?

Originally posted by Observer99
Capitalism is the only system that works even close to properly. It takes negative forces (greed, laziness) and addresses them in a way that works for the general good. Without the motivation of money, we wouldn't have our society. It has flaws, but some of those have already been addressed with things like unions, abolition of child labor and minimum wage.

You fail to see the underlying problem. That is the corruptibility of human nature and the tendency for those with power to abuse their power. That power may have been gained through money, or through office. The "problem with capitalism" is the same problem with governments and with any organization. When the people fail to be in ultimate control of those in power, they will invariably be abused.

I would advocate "ethical capitalism", with a bill of rights similar to our bill of rights (which of course is being ignored more and more nowadays.) CEOs and management will be tethered to the company, not above it. If the CEO wants to make millions of dollars, his company has to be succeeding and his employees have to be prospering. This would remove a layer of protection of the corrupt elite at the top, they would no longer live the good life while their ship sinks around them. Job outsourcing must be outlawed completely. Companies must remain national, anything else is tantamount to treason. If this causes a temporary economic hit, too bad. Ultimately it will restore national sovereignty. Etc.

I disagree, I think capitalism works but only for a period of time and our time is coming to an end. The trouble with capitalism is that it is all based on debt and the people who have the most to start with naturally get the produce of the debts. Capitalism is just a machine the slowly brings wealth from bottom to top. We need to be free people but we also need to learn to do things for each other rather than just doing things for ourselves and yes that is hypocritical coming from me.

We all clearly have our opinions here but one thing this debate highlights is that all forms of goverence and social stacture seem to come with big problems, different problems that are uique to their own system. the human race has achieved great things but one thing it has not acheived yet is how to live in harmony.

reply to post by michael1983l


The final crisis of capitalism and its imminent demise has been predicted ever generation since Marx.