âJust read an econ textbook and youâll agree with me!â
The official propertarian arguments (debunked) masterpost. This post also contains resources for anyone wishing to learn about these topics.
1. âCapitalism is inherently ethical/not exploitive because itâs voluntary.âÂ
People engage in market exchange because it is the only way for them to get access to the resources they need to survive (âwork or starveâ). Capitalism did not develop because people found commodity-exchange to be beneficial. Rather, people were forced to engage in commodity-exchange by enclosures, debt, and taxes. Hereâs an excerpt from âWhat Is Anarchismâ that touches points on voluntarism under capitalism:
If I should steal something from you, you can call a policeman and have me arrested. The law will punish the thief, and the government will return to you the stolen property, if possible, because the law forbids stealing. It says that no one has a right to take anything from you without your consent.
But your employer takes from you what you produce. The whole wealth produced by labor is taken by the capitalists and kept by them as their property.
The law says that your employer does not steal anything from you, because it is done with your consent. You have agreed to work for your boss for certain pay, he to have all that you produce. Because you consented to it, the law says that he does not steal anything from you. But did you really consent?
When the highwayman holds his gun to your head, you turn your valuables over to him. You âconsentâ all right, but you do so because you cannot help yourself, because you are compelled by his gun.
Are you not compelled to work for an employer? Your need compels you, just as the highwaymanâs gun. You must live, and so must your wife and children. You canât work for yourself, under the capitalist industrial system you must work for an employer. The factories, machinery, and tools belong to the employing class, so you must hire yourself out to that class in order to work and live. Whatever you work at, whoever your employer may be, it always comes to the same: you must work for him. You canât help yourself. You are compelled.
In this way the whole working class is compelled to work for the capitalist class. In this manner the workers are compelled to give up all the wealth they produce. The employers keep that wealth as their profit, while the worker gets only a wage, just enough to live on, so he can go on producing more wealth for his employer. Is that not cheating, robbery?
The law says it is a âfree agreementâ. Just as well might the highwayman say that you âagreedâ to give up your valuables. The only difference is that the highwaymanâs way is called stealing and robbery, and is forbidden by law. While the capitalist way is called business, industry, profit making, and is protected by law.
But whether it is done in the highwaymanâs way or in the capitalist way, you know that you are robbed.
The Origin of Capitalism: A Longer View
2. âIf the state would back out, capitalism would be truly freeâ
This is an ahistorical argument. The interests of the ruling class (maximizing profits while minimizing the cost of labor) conflict those of the working class. Unsafe working conditions, use of child labor, little pay, and abuse are some examples. Now, another argument might be, âwell yeah, thatâs the past, capitalism allowed us to end this eraâ. That is, again, ahistorical. It has been working class resistanceâprotests, strikes, etcâthat have pushed capitalists to do away with a lot of their unjust practices. State intervention, and worker resistance, is a result of capitalism. Nothing exists in a vacuum.
Oh yeah, and letâs not stop at history. What you may assume is a thing of the past actually occurs today in third world countries exploited by wealthy countries and multinational corporationsâand it gets worse:
Coca-Cola use of paramilitary groups targeting union leaders and political activists, polluting groundwater above limits, other abuses
Apple use of sweatshops, combatting workplace suicides with âsuicide netsâ
Indigenous people left poor as tech world rushes for lithium
Corporations engage in land grabbing: violence, suppression of activism, worsening climate changeÂ
Qatar exploitation of migrant workersÂ
Garment industry use of sweatshops, exploitation leading to workplace deaths
Recommended documentaries on corporate exploitation and crime:
The New Rulers of the World (54 minutes) - Corporate exploitation and imperialism in Indonesia by Western countries.
The Corporation (2 hours 24 minutes) - History of corporations and capitalism, crimes by corporations.
Casino Jack and the United States of Money (3 hours) - How Reagan-Era propaganda helped cover up lobbying scandals and spread a false âfree marketâ agenda (focuses on Jack Abramoff scandal).
3. âThatâs not real capitalism, itâs corporatism/crony capitalism.â
Corporatism, or crony capitalism, simply late capitalism. The wealthy amass large amounts of money at the expense of the masses and use it in exchange for state power benefiting them. This can be seen in a lot of areas. Legislation and regulations, legal permits, government grants, special tax breaks, and state forces defending corporate interests, such as militarized police at protests and unjust arrests. Also, as I mentioned in argument #2, state intervention is a result of exploitation under capitalism.
4. âWhile working conditions under US corporations in third world countries can be quite terrible, at least those workers arenât starving.âÂ
This is a ridiculous and saddening argument. Corporations engaging in these practices making billions of dollars while paying hardworking peoples starvation wages and keeping them in very bad working conditions. None of this is necessary, it is wrong in every way, and a direct result of exploitation under capitalism. In the 21st century we have abundant resources and wealth, but thanks to capitalism only eight people own as much money as the poorest 3.6 billion people in the world.
I hope this post was helpful, contact me if you have any questions or comments.Â