Markets aren’t Capitalism. You can have non-Capitalist markets, such as ones made up of Worker Co-ops.
You can have a market-based economy without exploitation a la Capitalism.
Comment on We live in a post scarcity information society and we still haven't moved on from capitalism.
aesc@lemmy.sdf.org 9 months agoWe don’t just use capitalism to distribute information. There are free libraries all over the U.S. It’s possible to learn most of what knowledge-workers need to know for free. Then you can seek employment for using what you know and not your physical labor.
But also, economists consider humans to have infinite wants. Certainly society as a whole has infinite wants. So no matter what resources we extract from the environment, society always wants more, which creates scarcity, which creates markets, which, in a free society, creates capitalism.
Cowbee@lemmy.ml 9 months ago
aesc@lemmy.sdf.org 9 months ago
Fine. Factories are capital. If you want manufactured goods and the freedom to get a job you want more than you want to work in a factory then you want capitalism.
Eldritch@lemmy.world 9 months ago
Capitalism keeps people from the jobs they want. Literally. If the job you want can’t meet your basic needs. Capitalism falsely posits that it’s because the job has no value. Rather than the value of it not being generally understood or valued by others.
Capitalism is still good at making menial valueless work to under pay you for however.
aesc@lemmy.sdf.org 9 months ago
I’m not saying it gets you the job you want, I’m saying no one can make you do a job you don’t want to do. People can incentivize you, with money. And I think collective organizing and bargaining is important to make things fair. I hear German firms have a union representative on the board, that seems pretty smart.
And it needs to be regulated. The government needs to force firms to pay to mitigate harmful externalities as well as incentivize positive externalities. And there should be social programs to take some of the edge off market fluctuations, like free or cheap training, help finding employment, cushioning some of the effects of market fluctuations for the average person.
gerryflap@feddit.nl 9 months ago
I’m struggling to see what alternative you are envisioning here, but maybe I’m misunderstanding you. People and companies pay for the work they need done. When not enough people do that work, the salaries paid for it will increase. When there’s a large pool of people willing to do a job but not enough people and companies who need that job done, the salaries drop. The capitalist job market, from a theoretical perspective, seems to regulate the job market such that people choose jobs that are desired by society.
Now there’s obviously some downsides to this, because the gap between income levels is way too large in my opinion. Regulation is required so the CEO’s don’t earn like 200 times as much as the cleaning people. But in the end any system that exists needs to make sure that people do work that benefits society. And certain jobs are just more desired by society than others. Not everyone who likes drawing can become an artist, because in the end society just doesn’t need many artists. So any system should penalize people who try to do a job that society simply doesn’t need at that moment and incentivize jobs that have shortages.
Cowbee@lemmy.ml 9 months ago
No.
All tools are Capital. If Workers collectively share ownership of industry, there is a free flow of labor to where you wish to apply it. Are you under the mistaken impression that Socialism is when someone picks where you can work? You sure you aren’t talking about Capitalism?
aesc@lemmy.sdf.org 9 months ago
I’m quite sure we’ve outlawed the direct ownership of people so, yeah, in capitalism no one tells you where to work, they pay you to work. There is a job market. In planned economies, someone tells you where to work. Planned economies are an expression of socialism. On the scale of individual firms, capitalism doesn’t require them to be organized in any particular way. If you want to run a business as a cooperative, where the workers own the company, you can certainly do that in the United States if you want. But if a collective tells you where to work, then someone is still telling you where to work. Please explain how you’d do socialism without anyone telling anyone else where to work.
Eldritch@lemmy.world 9 months ago
Markets and currency have existed for thousands of years. Capitalism has existed for barely more than 200 years. Markets don’t create capitalism. However capitalism destroys markets.
aesc@lemmy.sdf.org 9 months ago
Unregulated agriculture also destroys land. Just because something has negative effects over long-term unregulated use doesn’t mean it should be abolished despite the positive effects. Just because a system is older than another doesn’t mean it’s superior. Or do you yearn for serfdom?
Eldritch@lemmy.world 9 months ago
What positive effects has it had?
The only reason I pointed out the age is that markets and currency often are, and were being confused/conflated with capitalism.
I actually advocate for a system 100 years newer than capitalism. And even then I push for a version of it that has been modernized to fit current realities.
aesc@lemmy.sdf.org 9 months ago
Well, the device you are reading this on is a product of capitalism. Whether it’s a phone or a computer, it has hundreds of chips made at hundreds of factories in at least half a dozen countries, all the parts had to be brought to a place and assembled, then brought to another place and sold to you. And you likely didn’t even have to pay for it in advance before it was assembled and ready for you to use!
Did you eat food today that wasn’t grown near where you live? “That’s just trade” you might say, but it took a significant investment of capital to set up the system of trade that got it to you, at the very least the ship or the train it was transported on, if not the equipment used to grow and harvest it. If you ate a banana or chocolate and you don’t live in the tropics then you only ate those things thanks to capitalism.
Are you wearing shoes? Are they completely hand-made by an artisan, did you commission them to be made and come back in a year to pick them up, or did someone invest in capital so you could buy them in a store?
Did you go to college? Did you pay to have the school built and the teachers hired to teach you, or did someone raise and donate a bunch of capital to create it? Did it own a farm you had to work to pay for its operation, or does it have an endowment it can invest as capital to raise money to pay for some of your education? Just because it’s (hopefully) a non-profit institution doesn’t mean it would exist without capitalism.
Just look at the improvements in the living conditions of a huge portion of the planet over the last 200 years when we had capitalism, then look at the improvements for the 200 years before that. Haven’t there been more improvements in more people’s lives since capitalism than before it?
Look I know it’s not a perfect system, it needs regulation, and it’s not the right tool for every situation but generally it blows mercantilism and feudalism out of the water, and it’s done better than every planned economy so far.