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That cancer is called consumerism
by eranimo 6y ago
That cancer is called consumerism
- egypturnash 6y agoAlso capitalism. Also maximizing quarterly investor returns at the cost of every other consideration.
- RandomBacon 6y agoPlease don't turn an economic model into a political platform.
- eropple 6y agoWhen the economic model's enthusiastic practitioners turn it into a political platform, what's the rest of us supposed to do?
- deleted 6y ago[deleted]
- BLKNSLVR 6y agoI half agree with parent and half agree with you. On one hand, economic models are political platforms. On the other hand all the -isms are very loaded topics due to decades of misrepresentation (as is the nature of politics). But, I think this post isn't the place to discuss it.
- xnyan 6y agoPolitics and economics are inseparably connected.
- RandomBacon 6y agoYes, but that doesn't mean they are the same. Capitalism is a way to describe market efficiency which is a good thing, but people are turning the word to mean a system where people hurt each other for profit. I agree people shouldn't hurt each other, but that doesn't mean we should redefine a word and abandon a system of marketplaces.
- xnyan 6y agoYou see I disagree with your fundamental premise, capitalism is a means to amplify creation of money and wealth inequality which is a bad thing, but people sometimes use it for good to help each other.
- RandomBacon 6y agoThe definition of capitalism: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market. I wish I could edit my first comment to include the definition. I hate inequality and people hurting others through abusive practices too.
- xnyan 6y agoThat’s what I would call the spiritual or religious definition. It’s followed by the philosophical followers of capitalism (economics majors and similar). The practical definition of capitalism is studied by the operational practitioners (business administration, executives) of capitalism and only superficially resembles the former.
- RandomBacon 6y agoI'm sorry; I am not well versed at making things up and passing it off as statements of fact.