I talk a lot about how we’re destroying our environment with a global system where human behavior is driven by the pursuit of profit, how the power structure which dominates that system does so by violence, exploitation, oppression, and the threat of nuclear war, and how we’re all going to die if we don’t change this system.
Whenever I say this I get a bunch of capitalism cultists bleating “You just don’t understand economics bruh,” which is the line they’ve been trained to say to anyone they see criticizing capitalism. It’s silly for a number of reasons, among them the fact that nobody who regurgitates that line understands economics themselves, and the fact that one’s understanding of economics has nothing to do with the death of the ecosystem our species relies on for survival.
The claim that anyone who opposes capitalism “just doesn’t understand economics” is premised on the notion that unfettered capitalism is the best way for a civilization to attain economic growth, which is arguably true; governments like China saw their economies explode when they started implementing elements of capitalism for pragmatic reasons. If you want to create a bunch of stuff and generate a tremendous amount of wealth, a good way to do that is by giving the capitalist class the protection of the state so they can rake in billions of dollars exploiting the global proletariat without being guillotined.
Problem is, that only looks like a valid point if economic growth is the only value by which you judge a system’s success. If you value quality of life, overall happiness, health, average lifespan, education, eliminating poverty, homelessness and hunger, and many other possible metrics, nations like the United States are far from ideal. If you value avoiding climate collapse, then the only way to think capitalism is the answer is to espouse on blind faith the belief that the world will be saved by greedy union-busting tech oligarchs who just want to make more stuff and send us all to space.
The Unspoken Premise Of Modern Capitalism Is That The World Will Be Saved By Greedy Tech Oligarchs
“The plutocratic class are not good custodians of our world.