Rich people will buy things they don't need to so the banker aristocracy will uphold the power. Poor people will do 24/7 so they can survive in the system. Middle-class people will be erased so the rich can enslave the poor. CAPITALISM IN NUTSHELL.
Well, I tend to think there are capitalisms rather than just a single capitalism, some of them are more or less "extreme" in trying to fit particular dogmatic patterns, or more often serve particular interests, but Marx did heap a lot of praise on capitalism, he thought it compared favourably to a lot of different socialist ideas in his day. Anyone who thinks Marx didnt do that hasnt read him. Its apparent even in the communist manifesto.
He thought there was nothing like capitalism for innovating new business practices and new technology (which he thought had increased the number of well to do idlers) and that made it superior to anything the world has seen up to that point.
Although Marx's dilemma was that class struggles hadnt gone away, like every other society before it remained and the rationale allowing it to continue had simply changed along with the new machinery, new way of doing business and employing people. Marx thought that capitalism in theory became more and more sacred to politicians and business men who were a fan as it actually got remoter and remoter in actual practice/reality. I'd say that's true. I'd say its true of more than economics too obviously, Fromm thought it was true of ideology, religion, any sort of beliefs.
So really no matter how great capitalism is, and it is pretty great at what it does, there's still opposing interests that translate into class struggles which are largely unmanaged and ignored, which can and does result in some societies in pretty awful outcomes in which people are bought and sold and the price of everything and value of nothing is known by all. Worse still some of the societies that've said they are actively working to resolve or abolish class struggles are full of it.
Individual > group
Earning money and caring about mankind are not mutually exclusive.
No they are not but because capitalism promotes people who earn money as more valuable then others who called them worms and bugs they are connected.
Thank you for giving me more communistic propaganda from your country, but I'm American. No sale, baby.
Communism.
This is a cat:
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This is a dog:
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Why? We say so. That's all that matters.
I don't think many people believe in pure Laissez-faire capitalism
edit: And laissez-faire capitalism is certainly not the economist system of the U.S. We're a mixed capitalism system, but certainly not as left leaning as many European nations.
Ah, yes. If someone doesn't see it your way, they must be an asshole.
Capitalism also convince you that if you care more about people you loose sense of individuality but in reality this is good world for only 1% of people. All others are slaves. So I would ask you what is the point of individuality when you are enslaved by private corporations who don't care about mankind but only how they can earn more money?
If capitalism were a religion which one would it be most like?
And finally, I would like to give a warning (a little bit off topic). Some of these religious market people in my country are defending to open the market the possibility to open jobs that pays $100/month ($1200 year) (US dollars) for a journey of 44 hours/week, some want even more. $250/month for 44 h/week is already a reality - including the state hiring at these conditions. Some of these people are incredible proud how much other peoples lives (the poor ones) should suck. They say that if the market says so thats the other people value (and as I stated before in other topic the conditions for meritocracy are not met. It is ironic and funny how Meritocracy Party is closer to the left than the right wing). It gets as ugly as that, so be careful...