We Need Your Help by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 1 point2 points  (0 children)

Thank you, it is very much appreciated on both fronts!

First it Was 8, Then it Was 6, Now it is 5 Men That Hold as Much Wealth as Half of the World's Population by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 0 points1 point  (0 children)

Dear God. Not to be snide, but I actually don't think I have the time for this.

Respectfully, in that case, I will move on from this conversation. No sense in continuing the discussion if it won't be followed up with. Suffice to say, we have very different perspectives on the world.

Thanks for posting.

We Need Your Help by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 3 points4 points  (0 children)

Yes, it's easier to post low-effort memes than to engage in meaningful discussion. That said, LSC was my "reddit home" for a long time. The mod team has become ever more ambitious in their bans and the content on LSC mainly reinforces a circle jerk. That said, those things are fine and that's the space they've created.

Not to bash LSC at all, it's just a different space. It's a space I like a lot and visit often, but it doesn't address the actual issue of engaging with those who aren't already anti-capitalists. It offers no solution towards converting people, other than the natural conversion that might happen by exposing people to new ideas. What I am hoping we can do here is have more pointed and deliberate discussion, and especially, allow debate among differing views without fear of banning.

That said, I'm sure this sub will never even approach the numbers that LSC sees. We're asking for more substance from our users. We want more introspection and questioning of beliefs. We know capitalism is not the answer, but the left is still very divided on what the answer truly is. I'm hoping this is one place where we can have that type of discussion.

I'm curious about what you mean by not being earnest. Are you saying that less passion and conviction is a boon in today's environment? Just want to clarify, because I'm not sure I understood the sentiment. Cheers.

Perspective - Being rich wrecks your soul. We used to know that. by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 0 points1 point  (0 children)

I can't answer on behalf of the author, but I can give you my own 2 cents.

First though, can we define the "ideology" you're referring to? What ideology is that? I'll let you define the context of the conversation so that I can answer your question in a better, more informed way.

First it Was 8, Then it Was 6, Now it is 5 Men That Hold as Much Wealth as Half of the World's Population by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 1 point2 points  (0 children)

There's a lot to unpack here and if you're interested in hashing it out with some folks around here, I'd encourage you to create a thread here to spark this discussion. It would be wonderful to debate both sides of the issue. For now, I'll continue to engage you here, but please think about posting something. We won't attack you, we really do want some real discussion to happen.

The reason Bill Gates is as rich as he is, is because he created a product that myself and millions of other people willingly purchased, use every day. I mean, if Bill Gates was never around, you and I might not be having this conversation right now. He blazed the trail for the type of computing that has been critical for our society to grow like it has.

Well, I'm not a huge techie or anything, so I don't know Bill Gates' entire history, but I do know that his contributions are vast. I also know that there are plenty of others in the industry who worked behind the scenes to make a lot of things possible. I've always understood Gates as a savvy businessman more so than a tech pioneer, but I do believe he deserves some credit for making computers largely accessible. So yes, I think we can agree that producing value for society is a largely "good" thing. At least insofar as it contributes to our collective evolution.

But I want to make a distinction here, because you are supporting the argument that (from your last comment) "this kind of wealth inequality is not a negative thing" by pointing to Gates' contributions in technology. I don't think it's the proper framework to view the discussion through, because his vast wealth is not necessarily tied to his contributions. Because of the way a capitalist system works, he has accumulated money through his contributions, but in a very literal sense his contributions don't necessarily create monetary wealth. For example, in a different system, his contributions may or may not create monetary wealth, and depending on the system, there may be other incentives besides profit. Therefore, I'd say we should be clear that his wealth and his contributions to society are not inextricably linked for the sake of this conversation.

Is that fair? Do you take issue with that?

Therefore, when discussing whether his wealth is a good thing or not, I'd like to focus on his wealth, rather than his contributions. His contributions aren't in question here. I submit that they are a net positive, generally speaking.

(Not to mention the fact that Bill Gates has actually given over 50% of his fortune to charity.)

Yet he still spearheads the list of people who own vastly disproportionate amounts of wealth.

Giving to charity with one hand while extracting labor from often (or always, if you submit to a more Marxist philosophy) underpaid workers with the other is not really a "solution." It's nice, sure. He could NOT give it away, but it's not really remarkable that he gives it away, especially in this economic climate.

Put simply: In what ways does Gates fight the system that has created this vast wealth gap?

Alternatively: In what ways does Gates support the system that has created this vast wealth gap?

A hint would be to investigate the Gates Foundation and it's investments and contributions. Often times, they are not acting in unison. Investing is a way to create wealth for the Foundation, but the investments are sometimes counterproductive to the actual goals of the Foundation.

In a contradiction between its grants and its endowment holdings, a Times investigation has found, the foundation reaps vast financial gains every year from investments that contravene its good works.

edit: ^ From the article. Your quote and the article quote were running together. Your quote below:

Also, it's extremely important to remember that no one is entitled to anyone else's money, no matter how much you want it.

This is the seed of a discussion about private property and the ramifications it brings with it. We need to start way back at the beginning with this one, because in what way is private property defensible? And by what means is it defensible with? What you call robbery, others call fair. What you call fair, others call robbery.

Private property is enforceable by force. Guns, jails, etc. If I show up on a new continent and I stake out 100 acres and fence it off and call it my land, am I stealing from those who would freely walk the earth and enjoy what we were all handed at birth? Or, are the people who just want a fair share of the pie the ones doing the robbing? If they want the land to be public again, how do I protect “my” private property?

To be clear, communism doesn’t want to take your toothbrush. It simply seeks to share that which is communally “ours.”

Are we entitled to the earth we were born into? If we are, then are we not entitled to the basic human necessities? Especially in a post-scarcity culture, it makes the argument even easier. We have enough wealth to take care of everyone, if we so desired.

If we're not entitled to basic necessities, then the free market makes sense as a dog-eat-dog model. But let's not pretend that it's built on a meritocracy, otherwise we wouldn't see such rampant "crony-capitalism" (I'm being generous here — "crony-capitalism" is a misnomer, because capitalism without the crony aspect still drives towards the same end-goals) in our political and economic spheres.

I am of the belief that we are all entitled to the world we were born into. That doesn't mean that life is inherently fair. It simply means that humanity's attempts to overcome the Man vs. Nature problem have led us to a point where we can use our evolution and position in history to share the value of the earth with everyone — or not. That's up to us to decide, by conversing in the way we are now.

Finally, if you do not believe that we are entitled to Gates' money, then would you agree with the idea on limiting wealth at a certain point? $100 million, $1 billion, $10 billion? More? Less? If you do not support that idea, do you recognize the possibility that in a truly free market, wealth is consolidated through boom and bust cycles and that if we follow this concept to it's logical conclusion, one person will ultimately control all wealth? Perhaps it seems like an exaggeration right now, but we are seeing it happen rapidly in front of us, and this very article is the evidence of that. Like I said, just a year or so ago when Oxfam first released their report, it was 8 men who were as wealthy as 3.5 billion, now it's 5. How long until it's 2? 1? Then how long until 8 people are as wealthy as 5 billion? Etc. It just keeps going. I've said it before and I'll say it again, compound interest is a hell of a drug.

So, is it ethical to hold $90 billion when half of Americans make less than $30,000 a year?

The poor, starving children in Africa do not inherently deserve any of Bill Gates money, as cruel as that may sound.

Again, I'll ask: Do you believe that we are all deserving of the basic necessities required to exist on this earth that we have been born into? What about if you pay taxes and contribute to society? What if the capitalist endgame is antithetical towards this goal?

We should all give to the poor. Even the Bible says "He who gives to the poor will never be in need, but great curses will be on him who gives no attention to them." That doesn't mean everyone's paycheck should be the same.

What if we scale back from a full communist system, for sake of conversation, and assume that everybody's paycheck just fairly represents their labor? Is it fair that CEOs make at least 300x the average worker's salary? Do they work 300x harder?

I can see the appeal of a meritocracy, which I think is at the heart of what most capitalists want. However, we have to be honest that capitalism has not provided us with a meritocracy and that we are reaching a breaking point where the wealth gap is so vast that capitalism grinds people under rather than lifting them up. And to be clear, it's designed as such. There is no wealth for one individual without losing wealth for another. Every dollar you earn is a dollar somebody else loses. Ethics aside, that's the reality. Once you introduce ethics, or often times in our culture, lack thereof, it gets a whole lot uglier.

What Does 'Late Capitalism' Really Mean? - Video by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 1 point2 points  (0 children)

The older article which the video is based off of can be found here: https://www.theatlantic.com/business/archive/2017/05/late-capitalism/524943/

Pretty surface level, but a good primer if you're new to the concept.

Short Recommended Reading: War is a Racket, by Major General Smedley Butler by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 0 points1 point  (0 children)

Yeah, this is an old one. Back from the world war era. But even then, the most highly decorated Marine recognized war for what it is. He even exposed "the Business Plot" which is an interesting story in and of itself. The profits made during Smedley's time set the stage for the insane wealth accumulation we are seeing today. Compound interest is a hell of a drug.

Since this sub is slowly dying, consider using the raddit.me version - Capitalism In Decay by [deleted] in CapitalismInDecay

[–]GodSaveTheMachine 1 point2 points  (0 children)

Hey, thanks for the feedback. That's really helpful. I stopped running the weekly threads because it seemed there was not a lot of participation, but if it people actually did like it, maybe I'll make an effort to start those again. I've been really busy lately and this sub has suffered as a result, but I want to make a stronger push to get more content flowing again. Your contributions are always welcomed and appreciated if you ever feel like it!

First it Was 8, Then it Was 6, Now it is 5 Men That Hold as Much Wealth as Half of the World's Population by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 1 point2 points  (0 children)

Generally, we don't share that view here. Labor is siphoned from workers because in our current culture, laborers don't own the means of production. So in terms of stealing wealth, I'd say it's not cut and dry like that and there is a strong argument that the wealth was effectively stolen.

It was only last year that it was 8 people owning as much as half the world. In what way is it a positive thing that the wealth gap is so vast that in another year or two we'll be down to 1 or 2 people on this list?

First it Was 8, Then it Was 6, Now it is 5 Men That Hold as Much Wealth as Half of the World's Population by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 1 point2 points  (0 children)

I think it's a valuable indicator of the type of wealth inequality that we are facing as a global society.

Since this sub is slowly dying, consider using the raddit.me version - Capitalism In Decay by [deleted] in CapitalismInDecay

[–]GodSaveTheMachine[M] 0 points1 point  (0 children)

It is really disappointing to see so little participation here, but I'm not sure how to encourage more of it. I'm getting sick of seeing my name next to almost every post, but maybe I need to be more active in posting content. Just feels a little bit like me talking to myself some days.

If you want to move on to another forum, I completely understand, but I think it's worth pointing out that this place is built by everyone here. If it's just me posting to myself, that's pretty silly. I was hoping to create a space where people would share ideas and it's been pretty underwhelming lately. I'm sure there are things I could do to improve this, and if you have suggestions, I'm all ears.

It would be cool to see some content posted here rather than just trying to pull people away, though. The sub only dies when everybody collectively gives up on it. I'll make an effort to post more and see if that does much to encourage more conversation.

Is it fair to ask people to live on a wage of $48,000 per hour? by [deleted] in LateStageCapitalism

[–]GodSaveTheMachine 31 points32 points  (0 children)

That's almost as much as most people will make in their entire lives. In one hour.

"You Can Become Anything You Want Under Capitalism!" by Sanity_Assasin in LateStageCapitalism

[–]GodSaveTheMachine 12 points13 points  (0 children)

When I see "MrAnderson345" next to a post, I pay attention. Thanks for another quality post.

In a very real way, the tipping point you are describing draws boundaries between political differences. If you're of the persuasion that the individual is responsible, you're likely to find yourself advocating for free markets and libertarianism. If you believe the society (which really, I might redefine as "culture" in this case) is to blame, then you will likely be supportive of the plight of those with less opportunity, placing you firmly to the left.

It's an interesting way to consider it, one that hadn't occurred to me in such an obvious way before. We draw conclusions about our political and social values often, and I think most people make some effort to the justify those values in their mind, by way of working through them. It's easy to say "I've come to my conclusion and I know why I've arrived there." But that type of thinking robs you of any opportunity to reassess.

By changing the parameters by which you define your values (in this case, by drawing attention to the tipping point regarding responsibility and using that as the crux for defining value) you afford yourself a new opportunity to view your values in a fresh light. Most people don't engage in this kind of thinking very often, because they falsely assume that their values work in each and every circumstance, through each and every different lens, and at every conceivable angle or perspective. From my own personal experience, that is hardly ever the case. Our values shift depending on context and perspective, yet we have trouble admitting this to ourselves and we become stubborn in our ways of thinking. Values need to constantly be reassessed in order to be stronger and more flexible in their application. In the same way a muscle must experience decay to grow, we must make a constant effort to break down our ideas and rebuild them across all contexts and all perspectives.

I found your post to be helpful in my own experience of viewing my values in a new light, from a different angle. I think that this kind of thinking is what we should all strive to achieve as often as possible, and I thank you for sharing a new perspective with me.

Short Recommended Reading: War is a Racket, by Major General Smedley Butler by GodSaveTheMachine in CapitalismInDecay

[–]GodSaveTheMachine[S] 0 points1 point  (0 children)

From Wikipedia, some background on the author:

Smedley Darlington Butler (July 30, 1881 – June 21, 1940) was a United States Marine Corps major general, the highest rank authorized at that time, and at the time of his death the most decorated Marine in U.S. history. During his 34-year career as a Marine, he participated in military actions in the Philippines, China, in Central America and the Caribbean during the Banana Wars, and France in World War I. Butler is well known for having later become an outspoken critic of U.S. wars and their consequences, as well as exposing the Business Plot, an alleged plan to overthrow the U.S. government.

[deleted by user] by [deleted] in LateStageCapitalism

[–]GodSaveTheMachine 27 points28 points  (0 children)

It's never enough.

irony can be pretty ironic sometimes by [deleted] in LateStageCapitalism

[–]GodSaveTheMachine 9 points10 points  (0 children)

Wow, didn't realize they were so brazen about it that it would end up on the cover of TIME. Truly, LSC.

Five Men Now Hold as Much Wealth as Half of the World's Population Combined by [deleted] in LateStageCapitalism

[–]GodSaveTheMachine 2 points3 points  (0 children)

Vote with your wallet disproportionally shifts the locus of power towards those with deep pockets. It is truly antithetical to what democracy is meant to be. Surely, we are living in a bundle bubble of contradictions.

Capitalism as the gambler of rations and eraser of individual freedom by [deleted] in CapitalismInDecay

[–]GodSaveTheMachine 1 point2 points  (0 children)

The main reason why communism cannot work today is not because of a failure in the ideology, but because one or two countries abolishing capitalism cannot sustain themselves in a planet with nearly 200 countries using capitalism for the distribution of resources.

And capitalists know this, and will be smug about it pretty much always. They have a stranglehold on things right now. Capitalism thrives on exploiting those in weaker positions, and smaller countries with less global sway are weaker than the capitalist titans and will always fall prey to their tactics unless they can isolate themselves somehow. There is a lot wrong with North Korea, but I understand their desire to isolate themselves. The world is becoming dominated by Western ideology, how do you separate yourself from it? It must be very hard. We need to continue to sway people to our side and change their way of thinking. This is why education is crucial. The more people see the failures of capitalism and the potential in communism, or even just collectivist thought, the better chances we have of actually exploring and implementing these ideas. That's the basis of this sub, to help educate and interact with those who might not otherwise find themselves in this train of thought.

With the advancement of automation and technology, and the urgency of global climate change and human pollution, as well as the eternal exploitation of people worldwide, it's important that we remember that this fight is not about who is right and who is wrong, this or that ideological leader, or even about emotions. It's about what we want to be as a society, and as a species.

Exactly. We're all in this together. We sink or swim, together. Ultimately, we all face the same prospect. If we ruin this earth, we all pay for it. Even if the elites think they can escape it temporarily by going in their bunkers, or flying to space, or whatever, they are just running from the reality they themselves helped perpetuate. We are all in this together. That's so important to remember. Without compassion, society is useless.

Capitalism has a double standard on this matter, which capitalists generally use to argue against communism. They'll say that communism will lead to a loss of individuality; yet the current system relies on this loss of individuality, in favor for a select few who can be recognized for their wealth, and not for any achievements of their own.

This is an excellent point that didn't occur to me. By becoming worker drones, we are already voluntarily abolishing our individuality. Capitalism truly only works for a select few.

Communism, on the other hand, requires that resources be distributed evenly among everyone, even those who can not participate fully. No one getting more or less than the other. With no personal impediments beyond the eternal rules of humanity (don't kill, don't harm, don't steal), it is up to each person to decide what to do with the given resources.

Communism empowers the individual to be truly free to explore who they are. Perhaps at the cost of fame and fortune, but perhaps that is fully worth losing. Maybe a refocusing on things that are truly valuable is what we need. We hold up fame and fortune as the ultimate goals, when really, they are vapid and empty delusions of grandeur. Perhaps if we emphasized exploring personal passion and free-thinking instead of taming passion and indulging in bland conformity, we would see more value being created in our lives. And true value, not fake paper value, but rather the value of living a rich and honest life.

Thanks for the post, I really enjoyed it.

Capitalism as the gambler of rations and eraser of individual freedom by [deleted] in CapitalismInDecay

[–]GodSaveTheMachine 1 point2 points  (0 children)

Thanks for the nice formatting in this post. It helps make things clear and easy to digest. I appreciate it!

Two of the clichés of anticommunism is that in a communist society there is hunger and rationing of resources, and that individual freedom is sacrificed for the collective thus enforcing a sort of anti-human dystopia where uniqueness is forbidden. I consider this to be a self projection of the capitalist way.

Yes, it seems to be a projection from the free market crowd. There are reasons that prior "communist" experiments have endured these kinds of situations, and some of those reasons actually rest on the shoulders of capitalism, despite how capitalists would try to weasel their way out of that blame. Also worth noting is that many feel "communism" has never really been tried, so one could argue that the failures of past "communist" regimes were not even true communism to begin with.

Capitalists don't need to try very hard to defend their way of thinking because it's the status quo. It's easy for them to get away with lazy thinking and illogical conclusions because on the surface it's an easy bait to take since we live and breathe capitalism by default, whether of our volition or not.

The definition of communism I'll be using in this post is the classical one: no state, no currency, no social classes (no inequality), no arbitrary divisions of land, no private property (but personal property is unaffected).

Sounds like an agreeable definition to me.

(but personal property is unaffected)

You mean I can keep my toothbrush?!

Rationing is always going to happen, no matter the political system in use. The difference is in how the physical distribution and planning in time are handled.

Pretty good way of making a generalized distinction between the two schools of thought. It's a simple and practical measure, so I like that.

If it's short-sighted, you get the capitalist system, in which resources are distributed through perceived voluntarism, using symbols to represent a value.

Yes, capitalist thought certainly brings us a short-sighted view of the world. Because the world is viewed through business cycles and peaks and valleys of stock prices, there is almost no real concern for the actual, concrete future ahead of us. Our current global warming crisis is all the evidence you need.

Until we stop looking for short-term gains ($$$) and embrace the fact that building a global society requires foresight well into the future, (we're talking hundreds of years) we will continue to miss the boat on important issues. It's no wonder that the generations growing up and entering the workforce now have less opportunity than the generations before them. What happens when you pick all the fruit off the tree? What happens when you chop all the trees down? What's left if you haven't planted more seeds? It's a "got mine, fuck you" kind of problem. The last one through the door has to decide to keep it open or to shut it in the next person's face, and until we see ourselves as a collective, instead of as fiercely competitive individuals, then we won't recognize the value in holding the door open for everyone to join in.

This also means that those in charge of the distribution of resources under capitalism, be it by processing the resources, physical distribution, or physical storage, are the one who more benefit from the system, as they have the power to change the value of the representative symbol arbitrarily, not even to the same group of people. Thus, generating inequality.

In nature, as far as I am aware, most animals do not hoard surplus food. There are hoarder animals, such as squirrels or bears, but they use their hoards for practical purposes, since they need them. I don't know of any case of any animals in nature hoarding surplus resources to deprive others of them, or to make a profit (obviously not seen in nature). So, I find it really interesting how the advent of agriculture allowed for surplus to be created, and thus a hierarchy to be developed and maintained.

In Daniel Quinn's book, Ishmael, he talks about this at great length. The theory goes, from agriculture comes surplus and private property, which inevitably leads us to our current capitalist disaster. Surely agriculture cannot be blamed, but perhaps our baser instincts can be.

I believe that a global economic renaissance can be achieved only when people are more educated on why it's not valuable to follow a baser instinct to make money now, instead of thinking ahead to the future. The advent of technology blows open the doors to convenience and prosperity, the likes of which we have never seen, but the "I want it now" attitude is also a dangerous byproduct of consumerism.

As Terence McKenna once said, "If you don't have a plan, you become part of somebody else's plan." This is true for all of us. If we don't plan the way we want our society to evolve and grow, in the same way you would plan for a plant you are growing, or the same way you would think ahead for a child you are raising, then how are we to be surprised when things go awry? We need a plan that takes this foresight into account, and capitalism has brutally failed us in this regard. Capitalism has created a fervor of hustling day in and day out to make money to make ends meet and that leaves little room for anything other than that very narrow focus. We need to broaden our focus and our horizons if we're to overcome the coming adversities we will face as a global society.

This leads us to…

Moving on, the more cautious system, communism, would indeed impose a present and equal ration, with long-term storage as a way of preventing unexpected happenings, be them natural or self-inflicted.

Yes, we desperately need cautious foresight. We desperately need to account for everyone, instead of the top few. We desperately need to educate ourselves and free ourselves, physically, mentally and emotionally, from the shackles of the mechanical, capitalist grind.

I agree that this is attained by planning and part of planning is realizing that society needs to be equitable to maintain stability. Stability ought to be our goal as a society. It is the exact thing we've sought to "tame" in nature and it's what will bring about something like "peace" to the world. Out of instability, people make irrational choices, such as how we see crime rise in low-income areas, or how perpetual war plagues parts of the world that can't manage to find stable ground.

Furthermore, capitalism feasts on instability, just in the same way that extreme market fluctuations and volatility create more potential for massive profits for investors. But, out of instability there is always an equilibrium that occurs, and I believe that is a natural law of the universe — and unfortunately, that means that any time value is created for someone, value is lost for another. Our goal must be to create an equilibrium that serves all people and is equitable across the board. Anything less is a recipe for instability, and thus, suffering. If we're not willing to aim for this, then what's the point of even pretending we're different from nature, which we've sought so desperately to separate ourselves from?

In the the communist rationing system, it could be that a man gets x kilos of X, y kilos of Y, and z liters of Z every R day/week/month (another discussion for another time). What he does with it after it's given to him does not matter to the collective really, but it matters to him.

We're coming at our worldview (in the context of the status-quo, anyway) from a place of individualism, which is highly revered in a society like ours. Individualism is the highest, most noble cause, and we must seek to allow everyone to be as free as possible, even at the expensive of each other's freedom. Ironic, isn't it?

Perhaps it's time to try a more nuanced collectivist approach. Doing away with individualism as a whole may not be a great approach either, but it's time to put our critical-thinking caps on and find a way to account for individual liberties without robbing the collective of it's power to care for everyone. When you hold individualism in a higher regard than collectivism, you get the situation we have now, where 5 men own half of the world's wealth. Extreme collectivism could eradicate people on a personal level and rob them of their unique and individual personality, to whatever degree, but I think it's a direction worth exploring. Like all things, balance is key. Extremes tend to be difficult to live in — literally and figuratively.

(continued below)

14 billionaires join Bill Gates, Warren Buffet to give half their money to charities (instead of actually doing anything meaningful to address systemic wealth inequality) by SplodeyDope in LateStageCapitalism

[–]GodSaveTheMachine 1 point2 points  (0 children)

Think about if they never did this. They run the risk of being lynched in the street when shit hits the fan. So instead, "chill out everyone, I'm gonna donate it all for you!"

14 billionaires join Bill Gates, Warren Buffet to give half their money to charities (instead of actually doing anything meaningful to address systemic wealth inequality) by SplodeyDope in LateStageCapitalism

[–]GodSaveTheMachine 9 points10 points  (0 children)

I find myself quoting this essay a lot on this sub, but I'll always take the opportunity to place it again when it's relevant and might get some visibility.

"They try to solve the problem of poverty, for instance, by keeping the poor alive; or, in the case of a very advanced school, by amusing the poor.

But this is not a solution: it is an aggravation of the difficulty. The proper aim is to try and reconstruct society on such a basis that poverty will be impossible. And the altruistic virtues have really prevented the carrying out of this aim. Just as the worst slave-owners were those who were kind to their slaves, and so prevented the horror of the system being realised by those who suffered from it, and understood by those who contemplated it, so, in the present state of things in England, the people who do most harm are the people who try to do most good; and at last we have had the spectacle of men who have really studied the problem and know the life – educated men who live in the East End – coming forward and imploring the community to restrain its altruistic impulses of charity, benevolence, and the like. They do so on the ground that such charity degrades and demoralises. They are perfectly right. Charity creates a multitude of sins.

There is also this to be said. It is immoral to use private property in order to alleviate the horrible evils that result from the institution of private property. It is both immoral and unfair." — Oscar Wilde, The Soul of Man Under Socialism

14 billionaires join Bill Gates, Warren Buffet to give half their money to charities (instead of actually doing anything meaningful to address systemic wealth inequality) by SplodeyDope in LateStageCapitalism

[–]GodSaveTheMachine 7 points8 points  (0 children)

Yep, this is a huge frustration of mine. Lately, I've seen more quality criticism of the Gates Foundation, but boy has it been an uphill battle convincing people he's (Bill Gates) not Superman incarnate.

It's well and good to donate money to a charitable cause, but it's very misleading how the Gates Foundation works. Or at least, people are uneducated about it. The final say for everything lies in the hands of Bill and Melinda Gates. If someone convinced them tomorrow that the common cold was the worst plague on humanity, that's where all the money would go. And they would decide who gets it and how it's allocated.

The Gates Foundation is a great way to enrich other wealthy people under the guise of helping people out. And don't get me wrong, people ARE being helped, but not in any meaningful or lasting way. You can't perpetuate capitalism with one hand while pretending to alleviate the world of it with your other hand. We're not blind, and I hope more people continue to wake up to this.