Criticism of Capitalism / Right Wing Economics pt1
What is interesting is within the strong core of red-pill knowledge, it breaks down into a lot of sub camps, but among the biggest are also proponents of right-wing ideologies namely ‘Capitalism’ – I am very critical of this, and the post might rub some wrong, but at least try to keep an open mind.
What got me inspired for this post, was I am almost done reading ‘Enjoy the decline’ which is a book written by ‘Captain Capitalism’ and while I find his social commentary good, his economic ‘genius’ is the same that plagues all republican thinking, and quite frankly I am glad I did not actually waste my money on this book as it rehashes the same ‘its all obamas fault’ as if I was watching fox news. This post is not about this book, because its just foxnews drivel repacked in some libertarian/ann rand wet dream fantasy.
The major problem, is the lies capitalism lures the populace in with, with siren-like words that we are often too indoctrinated to resist. Let us list some of the major capitalism tenets:
1: The rich are the ‘job creators’
2: The rich are there because they are smarter/more capable/ had a better idea than the rest of us
3: If you aren’t rich, its because you weren’t smart/capable/inventive enough
4: If you work hard, you too will eventually be a millionaire
5: The government is evil, and does nothing good except perhaps defense
6: The ‘Private Sector’ can do anything the government can do, better, cheaper, and more ‘free’
7: Capitalism is the only ‘free’ system, where the best rise to the top
8:There is nothing wrong with capitalism, and anyone criticizing it is likely a Liberal/Commy
9: (Unspoken but critical) Money/Wealth is real
Economics is a joke major, it was the major at college the athletes took because they were too dumb to take anything else, like the concepts of supply/demand are really that complicated. Do they understand real world concepts like buying out the competition to suppress actual competitors, do they understand legal challenges to remove startups from the running, do they understand the lobbyist/subsidy revolving door plague? If they processed even one of those they would have some real tough questions about if capitalism is so good. I took advanced economics, and it was talking about things like ‘inelastic demand’ for gasoline, as if its something really hard to grasp, WHEN CAPITLISM ECONOMICS IS NOOB AS FUCK.
Essentially, the problem with these people, is that they see Obama, they see our economic crisis, and they put his ‘socialist policies’ as the reason, as if the entire slowdown that has been happening since 2000 never really happened. Now, I hate Obama, I think he is a total fucking sham, and that he is nothing more than a puppet for higher powers like multi-national corporations (hey capitalists, how does that fit in? Where do they teach political buy offs?) People entirely fail to connect that our entire world is simply running out of resources, and if this statement does not compute you really need to read outside the box, because this shit is real.
Look up things like how many off-shore rigs Saudi Arabia has had to build to keep production up, look up how we are doubling shale oil rigs, but production is only holding steady, look up the Oglala aquifer about to collapse within 20 years…it is things like this, not because ‘obama is a socialist’. Obama is a pathetic, hate-able shyster, and he is doing tremendous damage to our country, but if you think Romney was going to be able different you are severely delusional, if you think ANY POLITICIAN WHO CAN GET ELECTED is not completely controlled you are dead, dead wrong.
This is what pisses me off about a lot of libertarians, right-wing econ people etc, they don’t realize the dream they are stuck in, they truly think it is obamas fault, and once some fat fuck like chris Christy or ‘freedom loving’ rand paul get in there suddenly everything will be back to normal. The game is over, capitalism is a flawed system that ends in monopolies and trans-national corporations that subsume governments to keep the profits flowing.
Like in this book, he has all these nice graphs about ‘social parasites’ taking their unemployment, medicare etc, yes, that is a government expenditure, but how about we look at corporate subsidies (whats that? You don’t even know that term?) which VASTLY outweighs the ‘handouts’ to the parasites. Look this shit up for yourself! Or how about the top 20 corporations that don’t pay taxes, which can help fund BILLIONS that the gov is not getting. How do capitalists justify this? Is it rationale? (I have had that argued to me, btw) maybe its rationale, but it should be illegal as fuck. You pay your millions in taxes, otherwise you get booted out of our country, you can keep your off-shore headquarters (which all of them do) and you do not get access to our markets.
Capitlism is based on the severely flawed idea that capital/money is ‘something’ instead of just a lubricate for social exchanges, that this ‘wealth’ can then be manipulated. It is kind of like if you have 10 men who can do 10 hours of labor a day, that by pulling some accounting tricks, that suddenly those 10 men actually produce 150 hrs of labor instead of the real 100. We have so much unfunded and over-leverage ‘wealth’ that there is more in the world that ACTUALLY EXISTS in the world. Think about how irrational this is.
Its late, and I will expand these points in a future post, but essentially capitalism is this lie the sheeple on the bottom (yes that’s all of us) are fed that we too will one day be a millionaire instead of the dynastic reality and nepotism you will never successfully navigate. Oh, but let’s blame puppet-obama, its so much easier than actually thinking.