David SimsEssays

The Problem With Capitalism Is Capitalism

by David Sims

REGARDING the political pressure on the government of Hong Kong by landowners in the country, the libertarian (who sometimes just barely wets his toes in the waters of race realism) Stefan Molyneux asserts that “It’s a political problem, so you can’t blame capitalism.” That’s the same mistake that the Jewess Ayn Rand made in 1959 while being interviewed by fellow Jew Mike Wallace. You can, indeed, blame capitalism for that political problem.

I’ve described the mechanism by which capitalism brings about its own failure, its own fall from the heaven of wonderfulness into a mire of unsolvable problems. Stefan persists (just as a leftist does) with his ideological preconceptions despite reading an explanation of why the good times don’t last under capitalism.

Capitalism begins well in a laissez-faire, free-market form. It continues as such for a time, during which life is good for anyone willing to exert himself to economic advantage. It lasts until some of the capitalists, usually the richest ones, discover that they have come into possession of enough wealth that they can corrupt the government and buy whatever laws they want, and, by so doing, recruit the coercive power of the state to their own purposes. When that moment comes, the capitalists never hesitate. Why not? Because all their lives they have been acting on the principle that selfishness is a virtue, and they have formed a habit of doing whatever is best for themselves during what remains of their life spans. And a human lifespan is short in relation to the march of events in history.

So a better economic system would have, as its guiding principle:

“Value more the condition of the world in which shall live all the generations of mankind who are yet unborn, than the welfare of the few generations that are presently alive.”

Again, the problem with capitalism is capitalism. It isn’t government that instigates the transformation of capitalism from a laissez-faire, free market system into a tyrannical bully that acts partly through corporate policy and partly through a governmental cat’s paw. Rather, it is the capitalists who instigate that metamorphosis. Ayn Rand was wrong about that in 1959. Stefan is wrong about it today.

* * *

Source: Author

Previous post

Scotland: University Hosts "Resisting Whiteness" Conference

Next post

Voltaire on the History of the Jews

7
Leave a Reply

avatar
6 Comment authors
Lats EmilssonKevin Alfred StromDwight SandersBob in DCfodwell Recent comment authors
  Subscribe  
Notify of
Good
Good

What you write is literally the plot of Atlas Shrugged

fodwell
fodwell

Capitalism. “What’s in a name.” Marketing is simply buying and selling. So capitalism is smothered with laws and heavy taxes. Nothing free about it.

“If, from the more wretched parts of the old world, we look at those which are in an advanced stage of improvement, we still find the greedy hand of government thrusting itself into every corner and crevice of industry, and grasping the spoil of the multitude. Invention is continually exercised, to furnish new pretenses for revenue and taxation. It watches prosperity as its prey and permits none to escape without tribute.”
–Thomas Paine, Rights of Man, 1791

Bob in DC
Bob in DC

Capitalism without Jews and Jewthink?
Honest competition. Free enterprise.

(Whites best. Others allowed.)

Dwight Sanders
Dwight Sanders

Agreed. Free enterprise is best. The State has other functional duties, but telling us how to live is not one of them. Besides, a State-controlled economy is what we don’t need.

Kevin Alfred Strom
Kevin Alfred Strom

You said: “The State has other functional duties, but telling us how to live is not one of them.” People are going to be told how to live. They have always been told how to live. And they always will be. The purpose of Life — the purpose of the State — the overarching goals of society — these are seldom, and indeed cannot be, decided individually and separately by every plowman, tailor, or software engineer. The question of all questions is — Who shall do the telling? Charlatans who want only riches and fame for themselves? Crowd-pleasers? Malicious aliens? Fools who literally believe in fairy tales? Or the best among us, who know the stakes and the real choices we face? We are social beings. We cannot escape the… Read more »

Dwight Sanders
Dwight Sanders

“People are going to be told how to live. They have always been told how to live. And they always will be.” Although I agree with elements of your response, the very fact that this website exists and that you work to carry out its objectives is clear evidence that you do so in defiance of the State under which you live. And that State strives every day to make you compliant with what it publicly believes an American citizen should believe: that we’re all equal, that no race is any better than another, and that diversity is our strength. Yet you (and I) do not listen to the State, because we have individually determined that its concept of what is best for us is flawed and harmful to whites.… Read more »

Lats Emilsson
Lats Emilsson

‘…capitaiists…come into possession of enough wealth that they can corrupt the government and buy whatever laws they want, and, by so doing, recruit the coercive power of the state to their own purposes.” That the government is corruptible in the first place and that the state’s coercive powers are recruitable for nefarious purposes are as deadly an indictment against politicians and government bureaucrats as against rich businessmen. Always and everywhere, political power eventually corrupts. It is the state, not a market subject to the discipline of competition and contract law, which enables corrupt corporations to operate outside the law and against the interests of the Folk, For White men, leadership and moral guidance should be the province of fathers, family patriarchs, one’s elders, one’s betters, professional guilds, social brotherhoods, the… Read more »