Say
I realize this isn’t really the place for this discussion but capitalism doesn’t know what the word “efficient” means. Is it efficient to have to buy the same thing twice? Is it efficient to only make cheap shitty and yet still overpriced versions of everything for the consuming public, shit that is designed to fail? Is pollution efficient? Is ruining everyone’s lives efficient? Pointless jobs? Rich people? These things are efficient the way fucking for virginity is efficient. The way Elon’s Twitter has been efficient. The way shitting the bed is efficient. Which is to say, it’s really fucking not.
Capitalism is effective at cleaning up inefficiency, at least if it’s allowed to run its course. Twitter, for instance: if it crashes and burns, all the talent in there will be free to move to doing something better instead. If it somehow succeeds, that’s a more obvious net benefit as well.
Is it efficient to only make cheap shitty and yet still overpriced versions of everything for the consuming public, shit that is designed to fail?
Why do people buy cheap and shitty things?
Is it efficient to have to buy the same thing twice?
What is this referring to? Obviously not efficient.
Pointless jobs?
That’s a total waste, and these would be removed in an efficient market.
Rich people?
In a free market system, rich people happen because they’ve provided something that others want, or made good investments.
Is pollution efficient?
Pollution is indeed a problem that require global solutions. CO2 markets, for instance, are a thing.
Is it efficient to have to buy the same thing twice?
capitalism is only good at stealing wealth from the working class
Capitalism is the most efficient way of extracting as much value from one’s employees, and sales from one’s customers as possible.
Efficiency isn’t always a good thing, such as in this case.
It’s broader that that: it’s the most efficient way of extracting money from everything else in general.
Hence just how common it is to see large companies getting massive subsidies or having laws written to benefit them (notice, for example, the Disney Corporation rigging the system to extract more value from the broader society by getting the Copyright terms extended ahain and again), none of which is sales or employment related.
Capitalism doesn’t limit itself to things of a trading nature (which includes employment, which is basically people selling their work to others) and that’s the core of the problem with it: it naturally corrupts anything around it which can help provide not just trade advantages but even force the rest of society to give larger entities “free” money even outside trade (subsidies, bailouts) or forcing into being paid for that which would be naturally free (i.e. copyright, water rights, even land).
Some people think Crony Capitalism is not real Capitalism, but is actually real Capitalism in it’s purest form: the best ROI in this game of who makes the most money comes from buying the referees and those who make the rules.
Couldn’t have said it better. Our society is bound to collapse, and it’s us, “the peasants”, which will be dealt the blow.
What about space travel? Preclaimer: I’m a physics student. Before SpaceX and Indian companies, one ESA launch cost like 500 million dollars, which was impossible to achieve for scientists without direct ESA funding. Now, suddenly physicists can launch small satellites with less than a million.
and do you genuinely attribute that to capitalism or is that a necessary process that comes with developing a new technology and the infrastructure and expertise to operate it
do you genuinely not believe that that would have happened anyway
i’m sure it’d be hard to disentangle all the influences and come up with hard numbers for “how much” “capitalism” “contributed” and how much farther along cheap space flight is than it would have been under some nonexistent alternative system for which we have no real world examples, but to suggest space flight would not have gotten any cheaper than its initial price would be a tough position to defend, let’s put it that way.
And then let’s put it another way. Do you not think that a focused society, one run properly and without corruption (ie not human), could develop space flight faster, safer, and cheaper, than it could do while burdened with a bunch of greedy thieves who spend more of their resources on bribing politicians, lining their own pockets, and lying to the public about their products through the marketing department than they do on actual technological development?
Capitalism’s shit, m8. Just one big lie from start to finish with not a redeeming moment in between. It’s a vampire and you’re its food. Do you care if your food has opinions?
I’m guessing aliens
Could it be true?
Greed.
Companies that are structured to maximize short term shareholder value need to make extra profits at all costs.
Supply lines were strained during the pandemic, which led to drastic price increases. Supply lines stabilized and the pandemic subsidized. Prices didn’t go down? Why?
Because the companies that set prices need to make more money this quarter to make the shareholders happy. And they bribe the politicians and the judges and the regulators to control the system at every level.
These rich assholes doomed our world to destruction and our “leaders” were too greedy and small minded to stop them.
Enjoy the ride down
It’s very efficient at extracting wealth from the lower classes.
that’s what it’s efficient at!
Aliens.
This doesn’t seem like a correct use of this meme. I’d even allow for something other than the standard “Aliens” if it was something equally ridiculous or nonsensical compared to the first statement, but this isn’t even following the format.
This is the correct use of the meme because the criticism is dumb lol
It’s just misused by OP because he took it seriously
I really, really, really like this image. You mind if I save it?
It’s not my job mage. Save away.
Fair point.
It is efficient, in increasing the wealth of the wealthy.
Cause they found the exploit bug, and the admin is afk
Sorry, the “free market” option doesn’t support admins. To enable admins you need to run “sudo society --revolution --force && sudo society --economy=planned --rule=democracy && shutdown -r now”
Efficient at producing profit, is essentially what it means. The definitions are utterly twisted.
Which in a properly competed market equals producing wealth for everyone.
Oh you cad, it does not mean that and you know it.
Capitalism isn’t concerned with efficiency, merely the most direct route to monopoly.
Wish more understood this.
That’s literally the stupidest nonsensical shit I’ve ever seen, doesn’t even make sense.
It’s weird that some people completely understand the following concept: if you don’t understand something, it doesn’t mean it’s bad. But at the same time are unable to apply this concept to economics.
If you’re a left-leaning person (in economic politics) and have an open mind, I suggest https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465060730 – but I’m sure there are other respectable economics who have written easy to understand distillations of the basic theories. I mean actually reading Marx & Engels will give you many of these theories as well, even if a few centuries out-of-date and without the current knowledge on how applying some of their own theories went (= incredibly badly).
The free market is an illusion at this point. The monopolies killed it.
I think you may be right.
The Legal Illegal monopolies.
Isn’t inflation good for consumers? Deflation means what you already have becomes more valuable – so the rich would gain a significant boost to their finances since they already have so much. Inflation though would mean they lose a significant amount, and it becomes easier for the working class to break into the rich people bubble.
Only if salary go up
No, it just means everybody can buy less with the same amount of money. If you’re broke, you’re still going to be broke at high inflation, and it’ll hurt a lot worse.
