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In reply to the discussion: Fruit Of The Loom Moving Some Operations From Ky. To Honduras [View all]DeSwiss
(27,137 posts)The capitalist system, as with all monetary systems, is not sustainable because it is predicated not only upon the magical concept of making ''something from nothing,'' but at its basis it all rests upon the concept of scarcity, a problem that has been largely resolved by modern technology. The benefits of that technology simply has not been passed on to everyone, but has been held (confiscated) by the ''owners'' (a bullshit concept if there ever was one) at the top. They accomplished this in a number of ways, primarily by using the government and the threat of its military might as its protector.
The monarchies of the past have simply been replaced by an oligarchy-led corptocracy today. We're still serfs, folks -- they just redefined it.
In the capitalist system, change does not occur unless profits are threatened or if making such a change insures the existing corporate structure will make higher profits (think energy). For-profit corporations simply do not make any decisions that are solely for the benefit of the people or society at-large. If they can accomplish the one while achieving the other, fine. If they can make more profit by squeezing even that, they'll do it. They have no choice, capitalism is a form of insanity and they can't stop themselves.
So no matter how much improvement in technology that society has, no matter how much the productivity and quality of products improves, the benefits will not be passed on knowingly to the greater society because corporate property ownership allows those at the top to keep most, if not all of these benefits in the form of profits -- which is WRIT LARGE in America today.
And PROFIT is the Holy Grail of America.
However, in the end it's not necessary to do anything to try and reform the capitalist system because it can't be reformed, only replaced. And to do that you need only have patience, because its design will assure that it will destroy itself. Greed always does.
- The problem or question we now face, is how many will it take with it when it goes?
[center]''Growth for the sake of growth is the ideology of the cancer cell.'' ~Edward Abbey[/center]