this post was submitted on 20 Jul 2023
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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[–] TheFutureIsDelaware@sh.itjust.works 196 points 1 year ago (62 children)

Because it's objectively unsustainable? I don't really get what it even means to be "pro capitalist" at this point. We know, for a fact, that capitalism will lead to disaster if we keep doing what we're doing. Do you disagree with that? Or do you not care?

What is your general plan for what we should do when we can see that something we currently do and rely on will have to stop in the near future? Not that we will have to choose to stop it, but that it will stop because of something being depleted or no longer possible.

If you imagine that we're trying to find the best long-term system for humanity, and that the possible solutions exist on a curve on an X/Y plane, and we want to find the lowest point on the function, capitalism is very clearly a local minima. It's not the lowest point, but it feels like one to the dumbass apes who came up with it. So much so that we're resistant to doing the work to find the actual minima before this local one kills literally everyone :)

[–] o_o@programming.dev 32 points 1 year ago (40 children)

Because it’s objectively unsustainable?

I don't think we know that. Indeed, what we're currently doing as a species to the environment is unsustainable. But it's not clear to me how it's the capitalism that's the unsustainable part. My understanding is that capitalism is a system which allows us, as a society, to produce things very efficiently, and to distribute resources. It hasn't failed in that role, has it?

I don’t really get what it even means to be “pro capitalist” at this point.

I believe that, for example, if I wanted to open a bookshop, I should be able to. Or that if I wanted to rent a couple of 3D printers and sell widgets, that I should be able to. Or if I wanted to hire some dude on fiverr to write some music to my screenplay, I should be able to. This is capitalism. Do you disagree? This is what confuses me, and why I asked the question-- on my side of the fence, I don't really understand what it means to be anti-capitalist. Hence why I asked.

We know, for a fact, that capitalism will lead to disaster if we keep doing what we’re doing. Do you disagree with that? Or do you not care?

Well no need to be rude! Of course I care! And yes, we're headed towards disaster in terms of the environment. But I don't understand, like I said above, how capitalism is causing it and how not-capitalism would solve it. We have 7 billion people on the planet and they all need to be fed. Capitalism is the most efficient system we know of to create and allocate resources. Should we... move to a less efficient system? Wouldn't that be worse for the environment? How does that solve anything? This is my confusion.

What is your general plan for what we should do when we can see that something we currently do and rely on will have to stop in the near future? Not that we will have to choose to stop it, but that it will stop because of something being depleted or no longer possible.

This is an interesting question! I'm parsing it to mean "how can the current problems be solved within a capitalist system?". It's a good question, and I don't have a 100% guaranteed answer. But I don't see that any capitalism alternative has a good answer either, so still I don't see how capitalism is the "bad guy".

In any case, my answer is this: A side effect of all of capitalist driven efficient production is that the environment is harmed. Here, I think the governing bodies have failed in their roles: their role is to define what "capital" means and rules of ownership. They haven't done that for environmental concerns, which is why capitalism isn't taking it into account properly. My desired solution is that the government could define a "total amount of carbon emissions" that would be allowed by the country as a whole, and then distribute transferrable carbon credits on the open market. This turns "rights to emit carbon" into a form of capital, and capitalism will do what it do and optimize for it.

In essence, I believe that governments have done a bad job of using the tool of capitalism to solve the problem of pollution.

If you imagine that we’re trying to find the best long-term system for humanity, and that the possible solutions exist on a curve on an X/Y plane, and we want to find the lowest point on the function, capitalism is very clearly a local minima

Great analogy! But.... have we seen a lower minimum? What's the rationale behind that system? That's my question

[–] TheFutureIsDelaware@sh.itjust.works 16 points 1 year ago* (last edited 1 year ago) (1 children)

First, no alternative is required for something to be unacceptable to continue. This is a very common line of reasoning that keeps us stuck in the local minima. Leaving a local minima necessarily requires some backsliding.

Capitalism is unsustainable because every single aspect of it relies on the idea that resources can be owned.

If you were born onto a planet where one single person owned literally everything, would you think that is acceptable? That it makes sense that the choices of people who are long dead and the agreements between them roll forward in time entitling certain people to certain things, despite a finite amount of those things being accessible to us? What if it was just two people, and one claimed to own all land? Would you say that clearly the resources of the planet should be divided up more fairly between those two people? If so, what about three people? Four? Five? Where do you stop and say "actually, people should be able to hoard far more resources than it is possible for anyone to have if things were fair, and we will use an arbitrary system that involves positive feedback loops for acquiring and locking up resources to determine who is allowed to do this and who isn't".

Every single thing that is used in the creation of wealth is a shared resource. There is no such thing as a non-shared resource. There is no such thing as doing something "alone" when you're working off the foundation built by 90+ billion humans who came before you. Capitalism lets the actual costs of things get spread around to everyone on the planet, environmental harm, depletion of resources that can never be regained, actions that are a net negative but are still taken because they make money for a specific individual. If the TRUE COST of the actions taken in the pursuit of wealth were actually paid by the people making the wealth, it would be very clear how much the fantasy of letting people pursue personal wealth relies on distributing the true costs through time and space. It requires literally stealing from the future. And sometimes the past. Often, resources invested into the public good in the past can be exploited asymmetrically by people making money through the magic of capitalism. Your business causes more money in damage to public resources than it even makes? Who cares, you only pay 30% in taxes!

There is no way forward long term that preserves these fantasies and doesn't inevitably turn into extinction or a single individual owning everything. No one wants to give up this fantasy, and they're willing to let humanity go extinct to prevent having to.

[–] o_o@programming.dev -1 points 1 year ago (1 children)

First, no alternative is required for something to be unacceptable to continue

Yes there is! This system is at least feeding most people in most countries. I refuse to say that "because this system is not ideal, we must destroy the system which is feeding billions of people without an alternative in mind". Are you arguing that it should be okay for people to die?!?

[–] TheFutureIsDelaware@sh.itjust.works 6 points 1 year ago* (last edited 1 year ago)

It has to be okay for people to die, because ALL PATHS FORWARD INVOLVE PEOPLE DYING. Any choice you make involves some hidden choice about who gets to suffer and die and who doesn't.

But no, that's not what I was saying. Also, are you aware that extinction also involves lots of deaths? Have you thought about what does and doesn't count as "death" to you? What about responsibility for that death? How indirect does it have to be before you're free from responsibility? Is it better to have fewer sentient beings living better lives, or more beings living worse lives? Does it matter how much worse? Is there a line where their life becomes a net positive in terms of its contribution to the overall "goodness" of the state of the universe? Once we can ensure a net positive life for people should the goal to be for as many to exist as possible? Should new people only be brought into the world if we can guarantee them a net positive life?

But hey, thanks for the very concrete example of how being in a decent local minima is very hard to break out of.

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