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"There is such thing as ethical capitalism."
No, there is not. Just as there is no ethical version of slavery.
#capitalism stands on multiple violations of human freedom and self-determination. It is built on a foundation of violence, oppression, racism, theft, exclusion, colonialism, extraction, coercion, exploitation.
There is *no baby* in the putrid bathwater of capitalism. Throw it out!
@RD4Anarchy @aral People making money for food is part of capitalism.
@RD4Anarchy @aral Firstly, you are attacking me as if I am someone who supports capitalism. I do not, infact, I write extensively about this issues with capitalism. Secondly, I am not being forced to do anything. I live off the land, in a community,, eat the food I grow for myself -- non of which I paid for. I exchange trade with other people to aquire goods I need. Sometimes I make profit, sometimes I make a loss, but this is necessary for me to live. This has been the way for thousands of years, before the industrial complexes of the modern world. What's weird, is this trading for loss and profit, is a part of capitalism, that I deem as ethical.
I think you really ought to engage with people in a neutral manner if you truly wish to be able to tackle a matter effectively.
@RD4Anarchy @aral I also want to point out that Aral who posted this runs a non-profit organization. Non-profit organizations depend upon capitalism to exist. The whole concept of being able to take income to support society benefitting work depends on people having capital to give. I.e donations, grant money-- all of these concepts are predicated by capital. Are non-profits ethical? Yes they are. Are they part of capitalism, yes they are.
@0v1 @RD4Anarchy You seem to conflate having a monetary system, and quite possibly commerce, with capitalism.
@aral @RD4Anarchy If I seem to be doing that, I do not intend to.
What I am conflating is that a monetary system whereby individuals or businesses have capital, ie. profiting from private property, as capitalsm.
Since the essential feature of capitalism is the motive to make any form of finanical gain from private property, we can see that many things in our society that do good are dependant upon people making profit off private property. (I want to point out here that I'm not refering to personal property). Particularly in a society that is dependant on private property and reliant on finance.
From this perspective, it is my view that seeing all things in capitalism as bad is unhelpful. I'm merely suggesting that to look at ethical aspects of capitalsm, whereby people are using capital for good, rather than it all as a bad thing, can help us in any form of revolution.
I say as someone who believes in socialism.
@aral Aral, also I just want to add that I really appreciate you and your work. I agree on the fundimentals of your toot. The only thing I disagree on is the "all things in capitalism start as bad" notion. Wishing your a great day!
@0v1 Thanks for the kind words and same to you, Ovi. We don’t have to agree on everything ;)