Showing posts with label Capitalism. Show all posts
Showing posts with label Capitalism. Show all posts

Monday 27 June 2022

The Rules of Capitalism

by Allister J. Marran

The philosophical theologian Paul Tillich once wrote, ‘The fundamental virtues in the ethics of a capitalist society are economic efficiency, developed to the utmost degree of ruthless activity.’

The rules of capitalism put profit over everything else. Everything else. Nothing is sacred or taboo.

It is a complex man-made set of rules, it does not exist in nature, and requires its servants to ignore common sense and its obvious dangers and pitfalls.

It is a giant pyramid scheme of investors and producers at the top, and consumers down below, that requires the base to constantly grow, which is why we now have eight billion plus people on a planet that has very limited resources. It demands infinite growth cycles when raw materials are in short and finite supply.

To ensure its ongoing sustainability, we have constantly to create hype about new products that nobody wanted or asked for in order to make another sale, with built in obsolescence so that we can sell a new model again tomorrow.

Marketing costs for products and services often far exceed R&D and cost-of-production budgets, in order to convince you to fill your house to a large degree with, call it ‘trinkets’, ‘junk’.

The over-mining, over-fishing, over-production, and mass pollution is not sustainable. That's simply a fact.

While every scientist on earth is predicting doom and gloom for future generations, the economist disagrees, and tells us to put out heads in the sand, and ignore the signs. Keep calm and keep spending.

There is another thing. In its appetite to compete, capitalist economics has now become the science of scarcity.  In order to compete, we need to optimize—and optimize everything we possibly can. We strive for less wastage, smaller margins of error, faster turnover.

This means that we sail ever closer to the wind. Let one thing go wrong—a computer hack, a bacterial contamination, a military invasion in a faraway place—and millions of people’s livelihoods and even lives may be imperilled.

As capitalism multiplies the dangers, so it multiplies our vulnerability.

This generation, our generation, the ones who were told by the scientists and experts to just look around and heed the obvious warnings, will be known as the idiots who could have stopped it but chose greed over life, profit over common sense.

We have no water where I live, because the rains haven't come for nearly 10 years. The world is cooling where it's hot, and heating up where it's cold. Smog sits over the cities, and poison infects our water sources. Landfills are full, and growing fuller every day. Our oceans are being fished to extinction, and good farming land is being paved over and cleared for urban development and new roads and highways.

Having stuff, and being able to read and write, and exploit a man-made system, does not make a person smart. If people can't see beyond their basic, immediate, satiating needs and zoom out to see the bigger picture of an exhausted ecosystem with resources heading to zero, and the only world we will ever have struggling to cope, then perhaps we were never that smart or evolved in the first place.

We do not have a divine right to rule this planet. We are just the next animal to over-evolve and get to the top of the food chain. It's an awesome responsibility which sees us on a perilous perch which can be toppled if we do not proceed with caution and humility.

Just ask the previous mantle holders, those fearsome and magnificent dinosaurs, how tenuous that grip on the top dog spot is.

We can’t ask them, of course. They are extinct.

Monday 29 March 2021

Poem: The Answer to the Riddle of Needs

by Chengde Chen*


People have always believed that
it is a human need to develop technology
But this is a confusion of two kinds of needs –
needs for survival and needs of a value system
The former comes from nature
while the latter is created by man
If we choose a different value system
we would ‘need’ different things


Developing technology was originally a need to survive
From drilling wood for fire, to farming and weaving
man had to claim his fill, warmth and security from nature
In the great struggle for survival
we formed a utilitarian value system –
pursuing wealth and encouraging competition
with the market and technology as its two engines
This system drove the economy successfully
and then the economy meant survival

It is because this system has been successful
that it has become the soul guiding our thinking
What else do we need after meeting the needs for survival?
No one knows, as the answer is what to be created
The utilitarian values, however, are the creators –
Technology tells us what we ‘can’ need
The market tells us what we ‘do’ need


Originally we did not need the car
but since the car was invented and on the market
we came to need it, and need it so much
that we would feel imprisoned without it
Originally we did not need the television
but since the television was invented and on the market
we came to need it, and need it so much
that we would feel our day incomplete without it
Modern society is a technology-addicted society
Technology for us is like spirits or nicotine for the addicts
It creates the blood and nerves that need it, as well as
the greed for consumption and the desire for competition

Do we need air travel?
Do we need flying at the speed of a bullet?
Why is travelling to a remote and strange continent
more enjoyable than meeting neighbours or friends nearby?
Do we need to go to the Moon?
Do we need to be a hero to destroy its beautiful fairy-tales?
Why is a lunar crater dead for a million years more interesting
than the green hills and flowing rivers of our homeland?
Do we need all those life prolonging medicines,
or to live in the electric current of a life-support machine?
Why is letting a withered leaf struggle on a winter’s branch
more moral or prudent than allowing it to go naturally?

We do not really ‘need’ them, but we think we do!
It is because of nothing but competition
We believe that we need to do what others can
as well as what others cannot
If you can fly into space, I must touch the Moon
If you have reached Venus first, I must land on Mars first
regardless of millions of hungry children crying on Earth!

It is believed that life needs competition
In fact, it is competition that makes competition a need
The strong swagger around, the weak refuse to be outdone
Those in the middle have to struggle against both ends
Every one compels others to be opponents
Every nation forces other nations to be arrivals
Oh, is this all necessary?
Once escaping from the net of utilitarianism
you will find the world war an uncalled-for game
As an old Chinese saying reads:
‘If no side wants to win a war, they win the peace together!’

Many of our needs are in fact not ‘our’ needs
but the needs of our values
The answer to the riddle of needs lies in our value system
Utilitarianism is only one of the possible systems
It championed civilization before, but isn’t an eternal law
nor is it the unique basis settled by Heaven and Earth
If the risk of self-destruction means a new need for survival
mankind has to choose a new system!



* Chengde Chen is the author of Five Themes of Today, Open Gate Press, London. chengde@sipgroup.com

Monday 13 April 2020

When the Punishment Does Not Fit the Crime


by Anonymous

Do many capitalist societies today impose relatively harsher punishments for crimes committed by individuals of low socioeconomic status? If so, how does this fact affect popular theories of just punishment?

It would seem that many of these theories (such as retribution, deterrence and rehabilitation) must fail when applied to these societies. That this really is the case can be illustrated with a simple example:
Two individuals commit the exact same crime in the same American city: they both crash into parked cars while driving under the influence of alcohol. Both of these crimes result in the exact same amount of damage, the levels of intoxication are the same between the two offenders, and this is the first offense committed by either person. 
However, one of these individuals is a high-powered businessman and the other is a middle-aged, relatively poor single woman with no living relatives and two young children. Both individuals are arrested and brought to the police station where they are put in jail with bail set at $5,000. The man immediately bails himself out and hires a team of experienced defense attorneys. 
The single mother, on the other hand, is too poor to post bail herself and knows no one who could help her. Because she is forced to sit in jail for the weeks preceding her trial, she loses both of her jobs which had been the only sources of income for her family. When the trials roll around, the man’s attorneys convince the judge and jury that he should not be held responsible for his action, and he is given only a fine. However, the publicly-appointed defense attorney for the woman, perhaps too over-worked to have been able to consider her case carefully, fails to offer any convincing defense on her behalf. She is sentenced to three years in prison.
I think it should be clear that in this case, the theory of retribution fails to offer a legitimate justification of punishment. Because the offenders in the story are given extremely different punishments for the same crime, at least one (or both) has been given a punishment that, morally speaking, breaks from the jus talionis, or “eye for an eye” principle and thus does not serve any kind of true retribution. In this case it is likely that both punishments would be considered morally inappropriate. One on hand, the woman in the example is punished before she is even found guilty of a crime by being forced to stay in jail as a result of her inability to post bail. On the other, the wealthy man is given a more lenient punishment only because of the resources to which he has access.

How about deterrence? Jeremy Bentham asserts that “General prevention ought to be the chief end of punishment, as it is its real justification.” Turning back to the example offered above, it becomes clear how Bentham’s deterrence model fails to justify punishments in capitalist societies in which punishments are functions of economic class. The man’s punishment in the hypothetical case would challenge Bentham’s idea that punishments should prevent future crimes from being committed because it would surely allow other wealthy people in the society to think that as long as they can hire expensive attorneys, they will be able to behave recklessly without much consequence. On the whole, a deterrence theory of punishment would not be able to explain how, for wealthier people who get relatively lenient punishment, those punishments have any deterring effects.

Finally, the rehabilitation theory maintains that punishment should include measures aimed at reforming offenders. That is, in giving punishments, societies should keep in mind the ways in which the punishments will allow offenders to change themselves or be changed so they can peacefully re-enter society. Plato conceives of punishment in such a way; he imagines that to suffer punishment is to suffer some good, and evading punishment is often a worse path to go down. Interestingly, it seems that when punishment practices are functions of class, wealthier people who can pay their way out of punishments are actually deprived of opportunities to reform. The man in the above example surely should have had a chance to think about the harms he caused through his crime, and would, for rehabilitation theorists, have been made better off had he had such opportunities.

All this paints a rather dismal picture of punishment and the attempts to morally justify it in the real world. But what would happen if certain measures were put in place in these capitalist societies that guarantee a fair system of punishment? For example, what if cash bail were determined in a manner proportional to the offender’s income (or simply abolished)? What if every defendant were required to use state-appointed attorneys, and what if implicit biases against poorer people were accounted for? It seems that if all these kinds of issues could truly be taken care of (and whether this is even possible is certainly up for debate), punishment would perhaps not exist as a function of economic class.

However, even if all this came to pass, it still would not mean that society’s response to crime would escape the influence of socioeconomic status. That is, even if the processes surrounding punishment were made completely just and equal, the social and economic inequalities that can lead individuals to commit crimes would still exist. This fact alone would still lead to sections of the population committing certain kinds of crimes in greater proportions than others, and being punished for it. For this reason, it seems that before punishment can truly become morally justifiable in capitalist societies, the social circumstances that lead individuals into confrontations with those institutions as well as the institutions surrounding punishment also have to be made just.