7 thoughts on “Anti-capitalism: trendy but wrong”

  1. Posted 03/04/2020 at 17:24 | Permalink

    Comparing poverty of the greater, or less capitalist nations is just stupid. What you fail to mention is the cost of living in each country, and the effects that the difference in income within the same nation has on its population.

    Your article glorifies individualism, and the right for each individual to pursue wealth beyond their wildest dreams, without pointing out the imbalance of wealth and the power imbalance, or bargaining power in which that scenario creates.

    Your neoliberal dribble which seeks only to enrich the lives of those who already have capital, despises the idea of sharing resources and the spirit of community.

    You seek to maintain the power imbalance that exists, and that has done for hundreds of years, through the use of having capital – for those that are lucky enough.

    Here’s a societal idea that will scare the hell out of those who have capital, the ones who’s position such articles wish to maintain- every able bodied man and women should be equally rewarded with pay, for equally contributing to the work of society. No wealthy folks excuse of success, or entrepreneurship, just pure and simple equality.

    Success, entrepreneurship, well educated. These are the common excuses of the wealthy, and the few who were lucky enough to get through the gap. When in reality, if the lowest paid folks, the street sweepers, the NHS staff, the fruit picker and the shelf stackers all dropped their tools and left those wealthy folks to do the job instead, would those with capital then have the time to earn all their wealth? Exactly, no they wouldn’t have time. It’s the rest of society who carries them, allowing those wealthy folks the time to do what they do to earn their wealth, and not the other way around.

    Capitalism is a divisive economic system where those that have inherited wealth, or were the minority of society that became very lucky, they begin to make flawed excuses as to why they are wealth and everyone else not. They start pointing fingers at those less fortunate, telling them to work harder, or that they should have tried harder at school. We know that these are all lies, but that doesn’t matter, as long as the masses of poor believe such nonsense, that’s all that seems to matter.

    The state should be in control of it, and its peoples destiny at all times. Not the destiny created by those who’s financial might allows them to shape it. Society shapes our world, not those who can afford to!

    Institute of Economic Affairs – Neoliberal cheerleaders, it’s no wonder you celebrate capitalism. You’re part of the global problem, and will soon be dead like the system in which you promote.

    #DisguisingMassGlobalPovertyByOmittingDetails

  2. Posted 13/06/2020 at 01:18 | Permalink

    Capitalism vs Authoritarianism……..

    To the last post.

    Comparing this is not stupid. You are happy if all people are equally miserable just so then everybody can be the same….typical loser mindset.

    Yes! Individualism is what drives economic success you imbecile. Without incentives the wealth you see would not exist. It is like the gold at the end of the rainbow…you can see it but if you try to go and take it all by force (like you would like the state to do) then it will not be there anymore! Idiot!

    It is not “lucky” to have capital (yes this can be the case sometimes, obviously) it is often through diligent hard, intelligent and managed work that people can accumulate it. You hate to admit that. Go and research yourself the amount of individuals that have gone from humble beginnings to a large amount of success. There are 19 million millionaires in the US alone! Eat that!

    You really need to educate yourself on how human nature and the need for incentives actually works and why every communist & heavy handed socialist system has failed or produced incredibly bad outcomes at the least. With massive oppression to go along with it! You think you are smart but you are really not. You are as dumb as they come.

    What you are advocating for is a system of force where the most driven and entrepreneurial are stripped of their wealth and success at the point of a gun or imprisonment. You think this is “fair”? Right OK.

    Freedom and economic freedom are closely tied together. They both are VOLUNTARY. This is the main difference to a free market (which works) and what you describe which is a backed by force government seizure and all that goes with it.

    Every system that has worked this way has always had to use massive authoritarianism to achieve it which makes perfect sense.

    The irony is that you are the problem because you advocate for a system that wants to have total control over individual finances and thus their life. Value is not just how many tins you stack on the shelf or how many hours you sweep the floor! Massive value is generated through organized systems, inventions, technology & innovation. You cannot compare a non skilled job that anybody could do with say a high risk technology entrepreneur that invents a whole new technology with their drive and vision. Just NO.

    Arguably a mixed economy of Capitalism and some form of safety net is what works well and has proven itself the most to work. Things such as free health care at the point of access etc are a good idea but there needs to be balance. There needs to be strong incentives for the driven to create jobs etc. No, not everybody is the same. Equality of outcome is a very evil idea as it relies on theft and ignores laziness, entitlement & poor decision making. You know this.

    All of those things that you list will get you ahead if you actually do them. This is not an excuse or a conspiracy theory, maybe you should try it? Equality of opportunity is there and it is used every day.

    Do not worry freedom is going nowhere! It is authoritarian dinosaurs that are going to go extinct.

  3. Posted 23/06/2020 at 09:26 | Permalink

    Wonderful reward for a winner who has success and lifetime poverty sentence to the looser no matter however he works hard. People sell their skills, knowledge for an ample gain and in the end a monster at the top inflates his wealth like a balloon by the mere expropriation and exploitation. All movements which considers it is unfair will try to pierce it. The bubble is going to crash one day and all unfair wealth will be taxed.

  4. Posted 20/08/2020 at 17:55 | Permalink

    “You are happy if all people are equally miserable just so then everybody can be the same….typical loser mindset”

    I’d be happy if the vast majority are equally happy, not miserable as you are attempting to spin it as. The only miserable people will be the people who the vast majority take from – the few who fool themselves into thinking that they deserve all the wealth they have obtained.

    “Yes! Individualism is what drives economic success you imbecile. Without incentives the wealth you see would not exist. It is like the gold at the end of the rainbow…you can see it but if you try to go and take it all by force (like you would like the state to do) then it will not be there anymore! Idiot!”

    The wealth I see?!?…..the wealth I see, and the majority see is in the hands of those few who have capital – akin to rubbing it in the face of poverty!

    “It is not “lucky” to have capital (yes this can be the case sometimes, obviously) it is often through diligent hard, intelligent and managed work that people can accumulate it. You hate to admit that. Go and research yourself the amount of individuals that have gone from humble beginnings to a large amount of success. There are 19 million millionaires in the US alone! Eat that!”

    I don’t hate to admit that, in fact I suggested it myself that wealth is created by hard work – mostly off the Labour and sweat of the masses who actually do the work of the capital class dreams.
    Yes, of course, in some cases people do manage to squeeze through the gap with their own skill set and labor, but because of the numbers attempting and failing in comparison, any success stories would have to be considered as lucky in a numbers game.
    Further, wealth inherited is luck of parents etc too.

    “There are 19m millionaires in the US”…..What about the remaining 780 million US citizens, representing 97% of the population?

    “You really need to educate yourself on how human nature and the need for incentives actually works and why every communist & heavy handed socialist system has failed or produced incredibly bad outcomes at the least. With massive oppression to go along with it! You think you are smart but you are really not. You are as dumb as they come”

    Oh, I’m fully aware of human nature and incentives, but unlike yourself, I’m able to open my eyes and see the destruction of society that the inequality that you promote causes – and also willing to reshape my view to account for such. Again, unlike yourself.

    “What you are advocating for is a system of force where the most driven and entrepreneurial are stripped of their wealth and success at the point of a gun or imprisonment. You think this is “fair”? Right OK.”

    Now your just making things up to support your view. No, guns, no imprisonment, that wouldn’t be necessary at all. It will be the collective individualism of the poplulation that would simply take it. No bickering, no gunfights, or convictions as you’d prefer to paint the picture as.

    “Freedom and economic freedom are closely tied together. They both are VOLUNTARY. This is the main difference to a free market (which works) and what you describe which is a backed by force government seizure and all that goes with it.”

    Economic freedom applies only to those that are paid more than peanuts. When you have to work many more hours than full-time, due to low pay, then the question of freedom must be brought into question….you can’t be free if you’re enslaved by the workplace in order to keep a roof over your head! The trickle down economic theory has failed. Coronavirus has forced a neoliberal government into an act of socialism – furlough – because they too knew that their philosophy was floored, and that nothing material actually ever trickled down at all.

    “You cannot compare a non skilled job that anybody could do with say a high risk technology entrepreneur that invents a whole new technology with their drive and vision. Just NO.”

    Agreed. But that’s no reason to allow an entrepreneur to convert humans into cheap commodities that labor for near nothing whilst massively and disproportionately enriching the lives of himself and his shareholders, if applicable – all capital class participants benefitting from the backs of those at the bottom whilst giving nothing as compensation to those that actually do the labor.

    “Arguably a mixed economy of Capitalism and some form of safety net is what works well and has proven itself the most to work.”

    I’m sorry but the IEA has always dreamed of crushing the social safety net. Remember, Neoliberalism 101, each man must fend for himself. Now, either that is a concession of the doctrine you are making, or you are just trying to wing it on this one.

    “Things such as free health care at the point of access etc are a good idea but there needs to be balance. There needs to be strong incentives for the driven to create jobs etc. No, not everybody is the same. Equality of outcome is a very evil idea as it relies on theft and ignores laziness, entitlement & poor decision making. You know this.”

    Free health care, isn’t the IEA lobbying to privatise the NHS?!?
    Besides, it’s the “driven” creating jobs of low quality and pay that is the problem. Yes, there is many that do benefit from high paid created jobs, but there is many many more that don’t benefit from such – they are the Capitalist enemy, of course. If we choose to neglect them, then we should do so at our peril. Capital has a tendancy to go one way, and whilst that continues, many more will come to one day rely on that measly safety net which is currently rigged with triplines unless people take up the very same low paid work I describe. How many more falling through the gaps will it take until a shrinking capital class own everything? – The “winner” will one day take it all….much like a game of Monopoly for simplisities sake.

    “All of those things that you list will get you ahead if you actually do them. This is not an excuse or a conspiracy theory, maybe you should try it? Equality of opportunity is there and it is used every day.”

    What a load of rubbish, and yes, it is an excuse. Only some will get ahead, not everyone who true. Equality of opportunity is not there. For example, if someone who has no capital wanted to start a used car business that cost say £10k(CapEx), he maybe able to borrow from the Capital class to start-up, but the associated risks such as interest being applied to the loan would amount to an inequality of opportunity when compared to someone who already had the capital to start the same business. That’s not “equality of opportunity”, that is a statement designed simply as a distraction from reality.

    “Do not worry freedom is going nowhere! It is authoritarian dinosaurs that are going to go extinct.”

    Freedom for the masses has not yet been experienced, maybe for the wealthy, but certainly not for the poor. Besides, coronavirus may well yet highlight how successful Capitalism has been towards the masses. I guess time will tell.

  5. Posted 20/08/2020 at 18:07 | Permalink

    On rereading, I’m starting to think that you may not have been the author responding, but a third party instead. In which case, that last post was IEA orientated.

    If you were a third party poster, please answer the following:

    Capital enables purchases of nothing else other than the resources of the planet, except of course where somebody has so much capital, they couldnt possible spend it all and therefore has to stash the surplus instead.

    Now, let’s suppose you have billions in cash, and Steve, the lazy bum that doesn’t want to work at all has nothing to his name. Why do you think that Steve should have to forfeit his fair share of the earths resources so that you can enrich your life with far more than your fair share, simply because you have lots of useless pieces of paper? Why shouldn’t Steve be able to restrict you from stealing his fair share. And please, don’t refer to our current twisted capital system, private property etc, this is a philosophical question?

  6. Posted 23/08/2020 at 11:09 | Permalink

    I’ve noticed you’ve decided not published my response….could it be that you seek to crush any logical opposition that is likely to undermine the support for the capital system which you advocate so strongly for?

    Call someone an imbecile and dumb, but then silence them from posting a return if it challenges your view.

  7. Posted 28/08/2020 at 09:26 | Permalink

    Wow. For a few days, I actually thought that the IEA was post moderating and ditching opposistion views. I was wrong. Anyways….

    Capitalism: An economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.

    …A system so successful that it consistently requires state intervention, national debt increases and bailouts, followed by austerity. Whether that be the the 2008 financial crash, the 2019 Coronavirus or the many other scenarios in the past or that will arise in the future.

    It appears that your advocating for a system of private ownership and profit, but only want state intervention when the wealthy private owners lose control – every time they lose control!

Leave a Reply

Your e-mail address will not be published.