Capitalism needs homelessness, joblessness and poverty in order to function. Probably preaching to the choir, but it doesn’t create poverty because it is bad as an economic system, it creates poverty because it works so well.
I more meant that it’s very nature is that it is a system where wealth both exists and is accumulated. If we didn’t have money, we wouldn’t have poverty.
True but the problem isn’t just money, its private property. Money is how social relations under capitalism are managed. It isn’t the root of the problem, but it creates lots of avenues for exploitation. I would like to live in a world without money but we have to organize and fight for it.
I think the way forward is to create a hybrid of socialism and capitalism - the social to address all basic needs of people, such as healthcare, generic food, a boring car, free shelter, utilities, ect. Capitalism should be solely reserved for luxuries, such as yachts, vacations, fancy meals, figurines, art, media, and so on.
It is my belief that capitalism is an optimization method, but like all optimizations, it can detract from the results if it exists for its own sake, rather than to facilitate the goal. In the case of society, that would be to promote goods and services that help individuals grow as humans.
We don’t want merch of a given fulfillment to be given to everyone, because not everyone is a fan of HP Lovecraft or My Little Pony, so that would waste lots of resources if we didn’t have capitalism to adjust their supply for cultural demands. However, all humans need to eat, rest, and have agency. In such a case, it is much better to “waste” resources to make sure everyone does alright.
I dare say, capitalism, by it’s very definition, has CREATED all poverty.
Capitalism needs homelessness, joblessness and poverty in order to function. Probably preaching to the choir, but it doesn’t create poverty because it is bad as an economic system, it creates poverty because it works so well.
I more meant that it’s very nature is that it is a system where wealth both exists and is accumulated. If we didn’t have money, we wouldn’t have poverty.
True but the problem isn’t just money, its private property. Money is how social relations under capitalism are managed. It isn’t the root of the problem, but it creates lots of avenues for exploitation. I would like to live in a world without money but we have to organize and fight for it.
I think the way forward is to create a hybrid of socialism and capitalism - the social to address all basic needs of people, such as healthcare, generic food, a boring car, free shelter, utilities, ect. Capitalism should be solely reserved for luxuries, such as yachts, vacations, fancy meals, figurines, art, media, and so on.
It is my belief that capitalism is an optimization method, but like all optimizations, it can detract from the results if it exists for its own sake, rather than to facilitate the goal. In the case of society, that would be to promote goods and services that help individuals grow as humans.
We don’t want merch of a given fulfillment to be given to everyone, because not everyone is a fan of HP Lovecraft or My Little Pony, so that would waste lots of resources if we didn’t have capitalism to adjust their supply for cultural demands. However, all humans need to eat, rest, and have agency. In such a case, it is much better to “waste” resources to make sure everyone does alright.