MAD-4A wrote:Let’s take a look at Socialism and Capitalism.
With Capitalism businesses are owned by individuals or corporations. Some (perhaps even many, but not all) are owned by greedy selfish individuals or groups who don’t care about anyone but themselves. They exploit their workers and/or cheat their customers. Others are owned by hard working individuals or groups who are just trying to make a living. They provide fair products and treat their employees well. In a Capitalist society, ANYONE who has an idea or product that can make money can be rich or well off. If a company doesn’t treat its employees well, they have every right to quit or just not show up for work. The company has no right to force people to work for them. If anyone continues working for a company that mistreats them then it’s their own fault. If a company produces a bad product or cheats their customer then the customer can go somewhere else to buy from or even start a competitive company to run the cheaters out of business. NO ONE is forced to buy a product from any given company! If you don’t like a company you can go somewhere else.
You have a very unbalanced view on capitalism.
Capitalism, or better a Free-market-economy to use a term that is not idological loaded, only works for the benefit of the majority of people if their is a shortage of workers and an abundance of resources.
If their is surplus of workers, they will be exploited and they have no choice (unless dying is an option) unless their is some kind of welfare system.
Yes, some say their is the possibility to find new work, make you own firm, but that will and cannot work for everybody.
In a market economy their is the power of demand and supply.
If you supply more than is demanded, than you got a problem.
So in a capitalist society with a surplus of workers, the worker has no real choice in his working conditions and payment unless he is able to change, like getting better education to be qualified for a other jobs where there is a demand for.
But this is not an option for a lot of people. There is a reason a mechanic become a mechanic in the first place and not an engineer.
The second problem is, that their is abnormality in the Labor-Market.
In a normal market, if the supply is bigger than the demand, the suppliers would reduce their supply to adjust to the demand. In the labor market, if the supply is higher then the demand, people increase their supply, because they need to survive.
You can see it in the US. People need 3 or 4 Jobs to survive, but by taking three or four Jobs an working 120h/week they destroy their own value. But they have no choice. When they quit their job, they don't have enough money to surive.
It would need an organized effort of all minimum-wage-jobbers to quit their jobs to shorten the supply to raise the price of their labor.
Because there is no fix price for labor. The price is generated by the rules of demand and supply.
And that is one big problem Europe and the USA have, because the price for labor in China and India is much much lower, even so low that in Europa or the US you wouldn't be able to survive with this price for labor.
That is the big problem.
European or US worker can not compete with chinese workers, because they are so cheap (in some chinese factories, the workers actually make no money at all, because they need to rent a bed and buy the food in the factory, from their employer, which cost sometimes more than the income the worker have).
Capitalism only works well for the benefit of all people, when they have a choice to not work. When they can deprive their labor from the market somehow.
For example, the Rise of the West at the end of the 17th Century was only possible, because a lot of people could just went away from Europe. They went in to the colonies, so the owners and producer of factories needed to improve working conditions and needed to improve technology because the supply of labor was so low.
And the US could become so high in living standards in the 19th century and beginning 20, because everybody could just say: fuck it, I go west, buy a farm and live for myself (yeahh, its a little more complicated than that).
Today this is not possible anymore. Any Land is privatized. Every piece of Land is owned, you cant withdraw and live for yourself. We are forced to live together. everywhere you go, their is 'society'. Its impossible to just live from the land.
You have to abide to the rules of society, you have to work for money to live, you have no choice but to do that.
The difference between Europe and the US is, that the US is much bigger and younger, so it just become clear in the last 50-60 years that their is no West anymore, where you can go and say, fuck society, I become a cowboy. You have still this sense of freedom in the US, that you can survive outside of society, but this is impossible today (unless you inherit Land you can withdraw to or have enough money to buy it).
In Europa the impossibility to withdraw from society startet much earlier in the end of the medieavel era.
In Europe it is clear that you can't withdraw, so society at all has to cope with that problem and theirfor Europe is much more social than the USA.