Perpetual consumption -A constant, cyclical rate of consumption must be maintained in order for businesses to continue selling goods, and for consumers to continue purchasing goods. -This is confounded by our use of fractional reserve banking and monetary creation, which further requires physical expansion of the money supply in order to keep servicing the continually expanding debt. Regardless of fraction reserve banking, the monetary system requires a constant rate of consumption as business and workers require income to survive. -This system of perpetual growth and consumption is within a closed system known as the Earth, the resources bestowed unto this planet took millions of years to develop, therefore are finite. A infinite growth economy within a finite resource system is guaranteed to collapse, as at some point that infinite growth paradigm will collide with the physical limits of our planet.
Labor for Income -Machine automation is a very real trend, that over the last few decades has completely transformed our abilities to produce goods. The real issue is that companies will seek to automate as much as they can for profit's sake, but this displaces the workforce, creating a large population whose skills have been made obsolete my mechanization. -This reduces purchasing power for the population, and as automation increases, so will the gap between wealthy classes and poor classes. -Eventually this trend will cripple the economy as the poor classes will have less and less opportunity to obtain money, which diminishes the businesses opportunity to sell goods and make money, essentially ending capitalism and its labor for income paradigm.
Profit motive (this pertains to many of the OP examples) -The profit motive reinforces socially detrimental behaviors. It also creates a need for self preservation in the context of business. If a new technology arrives that makes a company obsolete, that company and all of those people involved would lose their livelihood. Consider the oil conglomerate and the owning of car battery patents. -The same could be said for the healthcare industry, it is more profitable for the corporations and pharmaceautical companies to 'treat' and 'service' health problems rather than fix them for good. If we actually could cure and prevent all diseases, millions of people would lose their job. -Resources no longer are regarded as essential materials for life, but rather opportunities for profit. If companies continually dump waste into a river and spoil a local water supply, that company can now make money by servicing the need for clean water. -It is profitable for companies to seek the poorest, most destitute workers possible and pay as little as possible (sweatshops) -It is profitable to influence political powers to side with corporate interests (corporate lobbying)
reference : http://www.thezeitgeistmovement.com/joomla/index.php?option=com_kunena&Itemid=99999&func=view&catid=5&id=295502#295709
Labor for Income -Machine automation is a very real trend, that over the last few decades has completely transformed our abilities to produce goods. The real issue is that companies will seek to automate as much as they can for profit's sake, but this displaces the workforce, creating a large population whose skills have been made obsolete my mechanization. -This reduces purchasing power for the population, and as automation increases, so will the gap between wealthy classes and poor classes. -Eventually this trend will cripple the economy as the poor classes will have less and less opportunity to obtain money, which diminishes the businesses opportunity to sell goods and make money, essentially ending capitalism and its labor for income paradigm.
Profit motive (this pertains to many of the OP examples) -The profit motive reinforces socially detrimental behaviors. It also creates a need for self preservation in the context of business. If a new technology arrives that makes a company obsolete, that company and all of those people involved would lose their livelihood. Consider the oil conglomerate and the owning of car battery patents. -The same could be said for the healthcare industry, it is more profitable for the corporations and pharmaceautical companies to 'treat' and 'service' health problems rather than fix them for good. If we actually could cure and prevent all diseases, millions of people would lose their job. -Resources no longer are regarded as essential materials for life, but rather opportunities for profit. If companies continually dump waste into a river and spoil a local water supply, that company can now make money by servicing the need for clean water. -It is profitable for companies to seek the poorest, most destitute workers possible and pay as little as possible (sweatshops) -It is profitable to influence political powers to side with corporate interests (corporate lobbying)
reference : http://www.thezeitgeistmovement.com/joomla/index.php?option=com_kunena&Itemid=99999&func=view&catid=5&id=295502#295709
No comments:
Post a Comment