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Doesn't this rely on the premise that the goal of capitalism is the only possible goal?
Do we need to progress at auch a rapid rate? Isn't rapid progress what got us into the place we are now?
Capitalism has fueled the growth of industry, which has accelerated global warming, the destruction of flora and fauna that are essential to life as we know it. It has created billionaires who only care about being richer and planted the belief in billions of peoples heads that they need to strive to this goal as well.
You can blame governments all you want. But i think thats too simplistic of a view of where the corruption started. They didnt bribe themselves into allowing people to become billionaires. It was a slow process with many moving parts and the greed, fueled by capitalists is why we are in this state.
Just blaming the government is ignoring so many factors.
I personally would prefer to live in a world that only develops things it needs, including leisure items/products but not in excess and never in the name of profit. We shouldn't bankrupt half the world to sit on our IP thrones and call it good.
Its bullshit.
No, the goal of capitalism is to use a profit goal to harness the human base emotions of greed and lust for power. It has no other goal, no right or wrong, but is merely a tool. It should be a tool. Capitalism serves merely short term profit.
Government creates the market, issues regulations to establish competition, fairness, transparency, contracts, currency, legal frameworks. Government expects to last longer than a contemporary CEO: is it too much to ask that they regulate the market with a long term perspective? Government is elected by the voters: is it too much to ask that they regulate the market for the good of those voters whom they desire to re-elect them ?
Our system of checks and balances seeks to harness similar base emotions to prevent fascism and other abuses of authority by giving each politician a realm where they wield the most power. No matter how unscrupulous a politician.their lust for power drives them to placate voters sufficiently to get re-elected, drives them to limit the ther branches of government from encroaching on their prerogative. No matter how egocentric a politician, no matter how much he holds himself above others and above the law, he is driven to prevent others from cheating more than himself. How craven and spineless must you be that even this isn’t enough to make the power hungry stand up for their own greed? Isn’t enough for the corruptible to use the force of law to bring down the other corrupted?
But somehow capitalism bought government. The most egocentric bowed to a personality cult. The power hungry found it easier to manipulate voters than to placate them. The corruptible commit their grift in public