Well then the solution isn't to end capitalism. It's to give people opportunities to get capital.
Yes, markets self organize to meet needs. But as long as production is controlled by capital, markets will only respond to the needs of capital. A homeless person who needs a place to sleep? The market ignores. An oil executive who needs endless growth? The markets responds.
-
-
-
Kind of like letting workers control the means of production; brilliant!
- 2 more replies
New conversation -
-
-
If the market respond to the need of the homeless, eventually there will be no Market and everyone will be homeless.
-
Yeah, houses will cease to exist if we give houses to people who live in the streets. That makes complete sense, man. Very clever!
- 4 more replies
New conversation -
-
-
And modern advertisement creates "needs" out thin air and channel old ones in new directions. The free market works only if all involved are rational actors - yet they spend inordinate amounts on ads designed to appeal to emotion and short-circuit our rational facilities
- 1 more reply
New conversation -
-
-
1) Markets aren’t perfect, especially in goods and service like housing and public facilities 2) The market won’t respond for just any reason to people’s needs. 3) (2) isn’t a big problem because regulation and intervention can coexist with the market.
- 3 more replies
New conversation -
-
-
why stalin is hated? "..To abolish crises it is necessary to abolish capitalism ..basis of economic crises of overproduction ..If capitalism could adapt ..to the systematic improvement of the material conditions of the masses ..would not be capitalism..": http://ciml.250x.com/archive/5classics/english/stalin_crisis/stalin_16th_congress_cpusb_excerpts.html …
-
Stalin is hated mainly due to have killed about 30 million people un gulags and purges.
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.