Sunday, August 19, 2012

Capitalism doesn't work

Libertarians love competition and hate government regulation. But competition leads to cheating. For example, people will put lettuce in a trailer that last carried hazardous waste. So, to make capitalism work, we make rules. But cheaters are creative. The rules made to help capitalism begin to impede.

If a group of people were stranded on a island, would people cooperate and work together for survival? Or would they pick up rocks and fight for dominance? The answer depends on whether the cooperators can achieve critical mass. Because a competitive minority can confuse and terrorize a majority, the default system is capitalism. That does not mean the majority wants it.

We are stranded on earth. To the degree that we move toward socialism and reduce the role of profit-motive, we can release the true productivity of the human race which is more strongly motivated by a desire for cooperation.

1 comment:

Itsall Tuna said...

I took a college course in cultural Geography. One of the things that was presented is that the behavior of any group of people who are "successful" will become dominant based on the environment, availability of resources, etc. If the group dynamic tends toward survival, the behavior will thrive. If it is destructive of survival, it will die out. Our problem is that modern civilization decides to stay well between the extremes that tend toward not surviving. O the other hand, that is good because when for example land and resources become limited, we alter our preferences of suffer. When oil is scarce, we will work on an alternative, or we fail.

At some point the behavior of everyone driving a private auto will become wildly destructive of survival and public transit will become the more viable option. It is too bad we haven't reached that point because we will not respond until faced with dire consequences.