Capitalism was a great system up to the beginning of industrialization and before the advent of the international trade networks we see today. Both of these inventions are not compatible with capitalism and force it to become a contradictory system. As a result modern capitalism is fundamentally flawed and will continue to get worse and worse as time goes on.
The main reason is that these inventions destroy the concept of small localized markets and force everything into one single globalized market. This combined with the new concept introduced during industrialization, the economy of scale, make it harder and harder for an individual to create a business and compete with the existing large corporations.
In the past, there was always a natural cap on how large a business could get (the size of the local market) and there almost no industries that were impossible for an individual with a reasonable amount of capital to create a successful business in. For instance, if all the shoemakers in a city were charging too much for their shoes it there would always exist a large amount of people within the city that would be able to afford to get the training, tools and infrastructure (e.g. a workshop) required to make shoes for cheaper and as a result profit. In fact this balancing of the market would be constantly be happening to make sure supply meets demand. These are the necessary conditions for the free market to work. Every single person is given an equal chance to compete and as a result only the best business wins.
However now lets take a look at what happens after industrialization. Due to the economy of scale, the larger a business becomes, the cheaper it becomes for it to create goods. As a result, the amount of individuals that can enter the market and compete with the prices of this business decreases as the its size increases. In the past, if you took two people, there would be a very small chance that they are wearing shoes from the same shoemaker. 1/2
Today, you see very few people wearing hand made shoes; the vast majority of people wear shoes from maybe a handful of manufacturers. The preindustrial cost to enter a market (training, tools, infrastructure) was minuscule compared to the investment needed today to set up a postindustrial business (factories, equipment, infrastructure).
Now add in the concept of globalism. Though international trade existed since the very early ages, the prohibitively high cost of transporting goods didn't allow foreign goods to play much of a role on localized markets outside of luxury goods. The ability to create a million shoes in a local market where it cheap to make them and then transport them for almost nothing to any other market is something that we have only achieved very recently. Not only is it already very hard to enter in an industry because of the high initial investments needed for industrialization, with industrialization it simply becomes impossible in many cases.
Globalization and industrialization removed the natural limits for the size of companies and make growth a feedback loop. So as our technology improves and more and more industries industrialize and globalize, less and less people are able to participate in the free market, a fundamental contradiction that completely breaks capitalism. The main goal of a company under capitalism is to grow, and now that the only limit to the growth of a company is the demand of the entire world, capitalism will continue to naturally move towards the monopoly of a single company. We can try to fight this by implementing anti-capitalist policies like anti-monopoly laws, however this is just trying to put tape over a fundamentally broken system. We have seen time and time again that regulations can never keep up with the market so will never be a way for the government to 'fix' these flaws. It is time to find a new solution.
Cameron Bell
Shut the fuck up faggot. All commies must hang.
Jaxon Jackson
I'm not pro communism at all..
Josiah Anderson
Wow, this commie fag is right, we should go back to throwing our shit out of windows and watching our loved ones die of simply cured diseases!
Thanks commie fag!
Logan Butler
>up to the beginning of industrialization nigger the serfs in medieval Europe had "industrialization" the problem is banks and corporate person hood.
Banks are parasites and corporations are ageless soulless machines that destroy human lives to gain capital which defeats the entire purpose of the creation of money in the first place thousands of years ago
Adrian Davis
capitalism needs what martin luther provided the catholic church
Justin Morris
Even the lowest quality of life in capitalist industrialised countries far exceeds that of those in preindustrial times and countries which are not currently industrialised.
Shit, the only reason why China has become the powerhouse it has is because of it's industrialisation. Fuck off communist, go starve to death elsewhere.
Jason Wilson
I think OP is right. Unrestrained capitalism is how corporations lobby for open borders. They control media and push cultural changes.
This is too far.
I would go so far as to back breaking up massive businesses like Google and Facebook.
>capitalism and communism are the only two systems Quality of life does not just depend on the economy. I am not saying that we better worse before industrialization, just that capitalism contradicts it. Industrialization isn't unique to capitalism. Read the manifesto on the day of the shooting and agreed with most of the points.
Landon Long
OP, you could always embark this one way trip to pitcairn island and live your small economy communist life
Julian Morris
International markets are what allowed for industrialization.
Logan Lewis
This could work.
Chase Powell
I get the idea of socialism but what you don't understand is that it's not going to work in the US. There's no way of saying without sounding blatantly racist but we all the know the reason.
Wyatt Powell
How will ending corporate personhood do this?
Jordan Gomez
Literal brainlets. I point out a flaw in capitalism but since you can't even understand what im saying you shout 'muh socialism' or 'muh communism'. I do not support either of those systems and either way this is completely unrelated to the argument
Brayden Stewart
>end corporate personhood A better idea would be to make corporations truly persons, thus subject to capital punishment for high crimes. Sentence Amazon or Google to death for their SJW bullshit and stifling of speech.
The Chinese execute white collar criminals like the people that sold powdered milk made of plastic, so we could judiciously kill off corrupt CEOs as well under this scheme - a nice change from "golden parachutes" for killing companies and stealing from everyone.
