Thursday, June 7, 2018

Capitalism

Capitalism is a self-cannibalizing form of social organization that has no stability and no longevity.

 The only goal of Capitalism is to make money. It is not to build a stable company. It is not to build a stable society or a stable and long lasting metropolis. The goal of free market Capitalism is to destroy everything and turn it all into money as fast as possible. Capitalism builds nothing but products that are to be thrown in the garbage so you buy their replacements.

 In Capitalism a corporation is treated "like an individual" under the law and it is the corporation that is liable for the crimes of the corporation and not the board of directors or shareholders. Prior to 1850, this form of economic organization was illegal in the USA. The C.E.O. and the board or directors are not personally liable for any of the "losses" the corporation causes or the laws the corporation breaks. This encourages dishonesty, corruption and the kind of infrastructure decay that we see in East Cleveland and Detroit. The reason there is infrastructure decay and destruction in East Cleveland is because the businesses all left town and took the money with them. The money left town. This is what American corporations do, they move operations to a less expensive State, or country and just leave all their loyal rank and file employees behind. Sorry, too bad -- that is capitalism. You lose. We all lose in the long run.

copyright (c) 2018
William Schaeffer

1 comment:

  1. The problem with ownership of personal possessions and protection of personal territory is that it closes your heart to the suffering of others. And with a closed heart, how can you really live, or enjoy anything?

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