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The Dismal and Hopeful Future

The Dismal and Hopeful Future

Is it even necessary anymore to argue for these claims?

Capitalism means self-sabotage. Its profit-making interest lies in paying wage-earners as little as possible, and ideally in mechanizing and automating them out of existence, for they’re expensive and troublesome with their demands for “rights” and other such nonsense. On the other hand, capitalism needs markets; it needs entities to sell things to, for that’s how it makes profit. Any sort of entity would serve its purposes–alien creatures, super-advanced machines, genetically enhanced chimpanzees, whatever–but, tragically, capitalism has so far been forced to do business with the very beings it exploits and wants to deny income to: humans!

Cruel irony! The mass of mankind, against which capitalism wars in the sphere of production, it has to make nice to in the sphere of consumption, to blandish and cajole into buying commodities. This fusion of consumer and producer in the same being is the tragic contradiction that torments capitalism and drives it to manic-depression–exuberance followed by depression followed by exuberance. The capitalist elite revels in Romanesque orgies as it squeezes money out of the sweat and blood of the workers, but the party ends once markets have, as a result, so shrunk–or the worm of doubt has so grown in the minds of investors–that investment is cut back to the point of ending growth.

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Olduvai IV: Courage
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Olduvai II: Exodus
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