9 Oct 2022 3:19 pm
3. Quality production is discouraged
Capitalism depends on a never ending cycle of purchase, consumption, disposal, purchase. In the previous point, I demonstrated that the disposal portion of the cycle is conveniently ignored, and that problem becomes exacerbated by planned obsolescence. Capitalism creates junk designed to break down quickly in order to speed the cycle and encourage faster and more purchase and consumption, there is no profit in building commodities to last.
4. The abundance paradox
As technology and automation increase, production of goods increase to the point that there is an over saturation of commodities on the market with not enough buyers. Rather than distribute this excess of wealth among those who produce it, Capitalism demands that it be stolen from the workers/taxpayers and hoarded via the function of periodic “bailouts”. This is simply robbery of the working class .. thanks Capitalism
Capitalism depends on a never ending cycle of purchase, consumption, disposal, purchase. In the previous point, I demonstrated that the disposal portion of the cycle is conveniently ignored, and that problem becomes exacerbated by planned obsolescence. Capitalism creates junk designed to break down quickly in order to speed the cycle and encourage faster and more purchase and consumption, there is no profit in building commodities to last.
4. The abundance paradox
As technology and automation increase, production of goods increase to the point that there is an over saturation of commodities on the market with not enough buyers. Rather than distribute this excess of wealth among those who produce it, Capitalism demands that it be stolen from the workers/taxpayers and hoarded via the function of periodic “bailouts”. This is simply robbery of the working class .. thanks Capitalism