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Old 02-06-07, 12:31 AM   #8 (permalink)
Feela
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Re: Debate: Politicomind vs Feela: Is American Capitalism Good or Evil?

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The way to measure an economic system is to witness its success as others fail. The fact that capitalism succeeds while other forms of economic systems have failed proves its superiority over those other forms.
Capitalism arose out of the fall of other systems of production and has been
used and transformed by the elites as they have seen fit, it is still useful for them and will stay around until it becomes a burden on the elites or the people change the system.
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The byproduct of capitalism is an increased amount of political and social freedom.
This is true, one reason capitalism has been thrived is because it gives this or rather appears to.
In capitalism the exploitation and political control of the elite control of the elites is less obvious as is their position as a class, this gives them some added legitimacy in the minds of the masses particularly when added to their use of propaganda, but this comes at a price ,they have to give some measure of political power to the masses although they limit this as much as possible and they even have to give the masses some very limited opportunities to rise to their heights, again this is as limited and taxed as possible ie the market is extremely biased against small businesses(and gov't regulations make this even worse.) and these businesses need to take out loans and pay interest which is basically tribute to the elites for use of their accumulated capital.
Hence there is some very small risk a new man rising to become a member of the elites but this is limited and even if they do make it, they will have had to pay tribute in the form of interest anyway.

In fuedalism for example the position of the elites was more entrenched and their power and exploitation simpler(ie they didn't have to rely on the market.)but it was also more openly coercive, capitalism is less open about its exploitation but the elite are a little less stable in thier position.

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As an nation becomes more prosperous and more financially healthy from a capitalistic system, the more its citizens are afforded free time to venture into the other arenas of life. Excess productivity created by capitalism affords time for one to invest himself in the arts, sciences, politics, or even simply on-line debate boards.
The political and social freedom capitalism affords to the masses is only given extremely grudgingly in exchange for legimitacy and it is limited by deception and propaganda as much as possible.
Hence alot people believe that voting for a few politicians, in a centralised system where you have little control over their actions until the next election, is the height of freedom and democracy.

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Capitalism thrives because it is superior.
Of course, it is the system the ruling classes feel is most beneficial to their interests now, I do not disagree.
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Those that claim that capitalism is evil are merely the poor players within the system.
To mention a few names, Kropotkin was a prince, Bakunin an aristocrat, Engels a factory owner, Marx was middle class.
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Those that do not have the talent, will power, gusto, intelligence or work ethic to succeed in a capitalistic system naturally come to despise the system which placed the mirror up to their inferiority. To despise capitalism is to admit that one cannot succeed within that system.
Naturally. But as unlike you are suggesting the poor and average people are not their because of lack of work ethic or talent. As Kropotkin said, in captialism those who do the most work seem to get paid the least.
Except for the very, very few people are are either poor or rich because of what their parents where and because of social situations in their lives.
Hence the middle class increased in the 40s,50s and 60s because of corporate liberal polices that increased aggregate demand and the middle class shrank there after due to neoliberal policies aimed at increasing the accumulation of capital in the hands of the rich.
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No man that has climbed the ladder of success, no man that has made his way in the world, ever stands up to loathe that system.
Again Kropotkin was an aristocrat, Engels a welathly capitalist etc etc.
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Yet, those that cannot rise up, feel they are mediocre, and that they will never reach the heights of success obviously, then, come to develop unsavory sentiments of the structure with casts a shadown upon them.
Unfortunately most don't they internalise the injust of the capitalist system onto themselves and feel that there situation is a personal failing instead of seeing the truth of the system. This often leads them into what Veblen called "The treadmillm of consumerism." where they try and buy their way to happiness and believe their financial worth is their personal worth.

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The supremacy of capitalism is proven by the fact that no other system can even come close to rivalling its powerhouse physique.
It has been very successful due to the partnership of the capitalists and the state, I do disagree here.
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