My goodness these are getting long. I'll try to keep my arguments to the areas that haven't been discussed yet, rather than keep trying to convince you of something you won't be convinced of.
Often the majority does not boycott an inferior product because one of the fundamental requirements of capitalism is NOT fulfilled: an informed consumer. Often, people do not know its inferior because of marketing, stupidity and not being able to compare the product to anything (maybe because other, better, products are bullied out of the market). Therefore they do not boycott it. Also, people often do take what they get, even if it sucks (television for instance), if thats the only option (something or nothing). That doesnt make it *right*.
Therefore, precisely because the consumer does not have all the information (about prices, quality, costs etc), the government must regulate to counter this flaw.
A consumer can do research on any product. The information is out there. Why should a business be punished because its consumers are stupid or lazy?
What should decide whats fair is what benefits society the most. Again, thats an opinion, and not even an unselfish one, since something that benefits society usually means its something that is benefiting you as well (if you count yourself a part of that society).
I challenge you to find one piece of regulation that benefited all of society (meaning everyone involved). Generally regulation helps one party at the expense of another.
Imo, paying a very low wage when you could pay more and thus promote unnecessary suffering is simply being an asshole.
I agree. If I were in charge of a company and I could help out a lot of people with relatively little cost to myself, I would have no problem with that. But it's not the government's responsibility to keep people from being assholes. If they value profit more than they do the well being of another person, I think it is their every right to hold on to the money which is rightfully theirs.
Yes. But even today thats not the case. Even the most capitalist friendly government regulates that, for instance you cannot spend your money on illegal drugs etc. Just because you have a knife doesnt mean you can use it however you wish (yes that IS the same principle).
Well like I said before, anything that doesn't violate another person's inalienable rights (life, liberty, property, pursuit of happiness). If you use a knife to kill someone, you violate that person's right to life. If you use your money to buy a slave, you violate that person's right to liberty. Illegal drugs (hard drugs, mind you. soft drugs rarely lead to violence, so they should be legal imo) is one issue I'm undecided on. On the one hand, they cause people to lose control and allow them to commit acts they wouldn't under normal circumstances, but on the other hand some people use heroin and never do anything else illegal.
1. Yes. Unbearable... well losing one arm against dying isnt "unbearable" following the same train of thought. It still sucks, its still quite unfair to put people in that situation. And yes, we, people, can chose whether wed like to be fair or not. Life is not simply unfair. Again, its a question about morals, something that doesnt simply follow from capitalism (the theory of supply and demand).
Actually, the idea of the "father" of that theory (adam smith mostly) liked it because it would actually improve conditions for most people(it did/can do). However, if the corporations can pretty much make their own rules (hey, its between the two partys trading right, unfortunately one party (the corp.) has more leverage...) that will lead to "most people" not get exploited, since the power in capitalism has a tendency to bunch up at the top.
2. They do complain? They simply have a choice between starving and working for "no money". If they have no guaranteed rights (minimum wage for instance) their complaining is worthless and without consequence, and they can get exploited.
3. Yeah, it is. But even if both have that right, it can still lead to an unfair situation.
1. I love how everyone considers offering someone a better option (even if it's not that much better) as exploitation. Would you rather he not exploit him and not give him the better alternative? Just another case of people wanting to have their cake and eat it too, in my opinion.
And yes, we, people, individuals can choose whether we want to be fair or not. But I don't think it's right for another person or group to force people to be "fair".
2. Firstly, they are immigrants. They chose to work there, meaning this was their best option. They should be thanking the business for giving them this opportunity, not condemning them for not offering a better one. Secondly, no one has a "right" to a certain wage. Somebody else produces that wage. How can someone have a right to something that belongs to someone else? It's like having a right to an awesome computer or a right to a million dollars.
3. No, it can't. Employment is a trade. You trade your time and effort for your employers pay. You both consensually agree to that trade, same as any other. If you traded your car for a new computer (and we're not physically forced into the trade), could you then claim that the trade was not fair?
Wow, just wow. You cite two countries to prove that something is *proven* impossible. Both from rather recent history, and in a time when capitalism in its current form wasnt even present. Second, "making everything equal" does not equal (^^) regulating capitalism to counter its bad effects. And for the love of god, Nazi Germany didnt fail because it governed everything. They lost a world war, which they started out of the stupidity of electing a dictator. (whats that even to prove?)
How do you justify a little bit of evil? When it does not do evil. "Only a sith deals in absolutes", cheesy but true. Beer is fine in moderation, especially nice during a feast. Lots of things are poisons, but they arent harmful in moderation. Often poisons can even help/heal. Paracetamol (sp?) is a poison. Regulation, police force in general can be evil if its in the form of a police state, but you still need a little.
I cited history to prove that it fails, and gave two examples from history. I can give more. Compare Eastern Europe under communism to Eastern Europe now. Compare Hong Kong to China, thirty years ago. Compare the US in the 20's with relatively little government interference to the 30's with the Great Depression, as a result of the Fed's manipulation of the money supply, and Hoover's tax increases. The list goes on.
Nazism failed because they lost a world war as a result of committing the entire nation to a set course of action, including the strict regulation of many corporations (read Liberal Fascism by Jonah Goldberg. Speaking of which, while checking the spelling of his name, I came upon
this article.)
Alright, the poison metaphor was a bad one, but I think the message is still true. True socialism destroys the incentive to work and to produce and to make our lives better. A little socialism weakens the incentive.
On a side note:
Only a sith deals in absolutes
Isn't that an absolute?
Ok please don't insult my intelligence. I understand what pure capitalism is perfectly well thanks. My argument of taking away so much power from the government is that you are taking away power from the people.
The whole system is skewed. The people with all the power exist at the top of the ladder with all the money and everything in this system by its very nature is designed to support and perpetuate them.
It creates a ruling caste something i've said over and over again is a terrible thing and actually goes against democracy. It's happened to an extent already. i dissagree with the current governments a lot of the time because it is moving more and more away from the people and into a more elite circle. This however is a different discussion all together.
I had no intention of insulting your intelligence or knowledge of capitalism, so I apologize if you took it that way. I meant you didn't understand
my idea of pure capitalism.
The people at the top, unless they got there by theft or fraud (and I will be first to admit that there are many who did, which is why we need an effective justice system), earned their spot there by contributing to society the most. Think of some rich people off the top of your head. Bill Gates- major contributor to the computer revolution. Donald Trump- owner of hotel/real estate company that provides valuable products to consumers around the world. Oprah-media genius who provides a service to millions. Now think of a working-class person. Puts together a pair of shoes that benefits exactly one person. Helps build a house that benefits exactly one family. Now, I'm not condemning poor people. Their jobs are incredibly important and we would be nothing without them. But those who have become rich have contributed far more to society, and therefore should have more opportunities and choices (and power) available to them (through the form of money).
The government must exist to protect the rights of the individual but how can it do this when it has no power in the face of an entity that boasts massive power? You have the court, the police and the military sure but under a purely capitalised system things such as the police and military are privatised that's the point. Everything is ruled by the free market. When this happens the police and military do not exist to protect the rights of the people but that of the company.
I do not advocate the privatization of police, military, or the court system. Of course, I believe corporations should have the right to hire private security, but if they violate the rights of citizens they are under jurisdiction of the government courts. This would of course mean taxes, unless the government owned some businesses to keep it evened out.
And people are entitle to equality in many things regardless of what they have in their bank account. Health should not be determined on money. A baby born into a poor family is entitled to the same treatment as a baby born into a rich one. Ok this is an opinion but it is an opinion I hold very strongly.
I strongly disagree with you. Yes, that sounds cruel but hear me out. Healthcare does not grow naturally. Human beings, as animals, are not guaranteed long life simply because they exist. That is a fact. Healthcare was invented and it is produced. In order to provide that child with healthcare you must deprive it's creator of it first. Now it seems to me that you value human life very highly. I do as well and I think most people do also. Under capitalism, we have every right to help those children in need. And, as long as I am healthy and my family is healthy, I would strongly consider donating to a charity to help those in need. What is not acceptable, in my opinion, is forcing the producers of healthcare (namely doctors and pharmacists, as well as the inventors of new technologies) to provide it without compensation, or by compensating them with the money of people who do not wish to provide it.
Things such as education. In a purely capitalist society where all education is privatised the result is that only the rich kids are entitled to a good education. Anyone lacking the sufficiet income to send their children to a rich school are left with the bottom of the pile.
Simply not true. It may seem that way now because there are very few private schools in any one area. However, if there was no public education system, many more private schools would have the opportunity to enter the market, thus lowering prices. As for the extremely poor, like healthcare, if you value education highly, and wish for them to have it regardless of wealth, then you have the decision to help make that possible. But, I think that under a free-market schooling would become quite inexpensive and cases like this would be rare.
In fact in a purely capitalist society the gap worsens.
For this, I refer you to
this article.
Actually, I'll end my rant by linking this website. I've said before that I'm a huge fan of Ayn Rand. This is the Ayn Rand Institute, which supports her ideas through political and social commentary. Love it or loathe it, they make some pretty good arguments.
http://www.aynrand.org/site/PageServer?pagename=media_topic_capitalism_opeds