Wow, what advantages has capitalism given? It is no better than the bastardised form that communism took on. It is the rapacious progenitor of this communist form of mercantile development, which has left the world reeling and stopped the progress of evolution. The corporate lifespan you spoke of was always realligning and retooling itself through progress and adaptation. This has always meant labour suffers. New technology, better machines, can always replace the bottom line- wages. You develop mega-plants where there are fewer workers doing less skilled jobs by buying the machinery that saves you money as an employer, from the moment these machines start to "work". No questions, no union, no strikes, 24/7. No problem.
This is the problem with Wal Mart as well. You concentrate products in one store, a variety of choices that consumers want, pay employees wages close to the poverty line, increase the desperation of employees in all sectors of the economy by making living wages highly competitive, increasing the available work force, lower wages in all sectors, buy goods from third world countries and blame it on a global marketplace that has made the worker and his demands seem like the greedy one. No questions, no union, no strikes, almost 24/7. No problem.
By doing this, you have made people more desperate so they are forced to take low paying jobs to buy the goods from around the world, and undermine the domestic industries as well as lose real wage jobs, force even the Wal Mart employees to shop at Wal Mart to support the very situation that has placed them in this dilemma. Low wages and unskilled nowhere jobs. All this so Wal Mart managers, higher ups and bottom line stock holders (People of wealth) can garner those higher wages while they crack the whip of production on a poorly trained, ungrateful, minimal staff that knows little about their area of work and could care less about their job and service they provide. A far cry from the way it was when the owner was in the store and served the public. This is the rub though- if they don't perform up to the standards and demands of their supervisory staff, then they can get fired, as there is always someone desperate enough to take their place. It's alimental and self feeding. That is capitalism in a nutshell. We benefit from the philosophy of capitalism and its eventual and inevitable progression by being used as machinery, while the corporations become entrenched in the philosophies of communist economics, where the worker is the means of production for the corporation/country and benefits those who rule. Who says communism in its true form failed. In the higher echelons, it is used all the time. No wonder we are taught to hate socialism and communism as it is the game our leaders play. Why would they want to share the wealth. Make us grovel and scramble and blame us for our condition, while the hegemonic oligarchy benefits from capitalising on the poor and desperate, who would sell their souls for a piece of bread when starving. It truly is a DO.g's life.
This is truly a regressive de-evolutionary society. Back back to the dark ages with them!
On Nov. 21, 1864 President Abraham Lincoln wrote a letter to Colonel William F. Elkins.
"I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned, and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war."
He was dead on April 15, 1865. Seems his prophecy was far seeing and precise. Capitalism sows the seeds of its own destruction, because it cares not for people, land, sea or air in its growth and consumption. Money is its fuel and in the end it is just worthless paper that you can't even eat.
In that sense, about capitalism, I agree with you. We are undermined by our own greed and only our leaders seem to profit from it. Our means to remain first world is disappearing quickly. But I don't see the advantages to capitalism, as it spawned the potential for the present condition. They're so intertwined(free market economics, corporate merchantilism and capitalism) as to be virtually indiscernable. This is an example of the means(capitalism) justifying our ends.(corporatism) Human compassion is a lost element that needs to be equated in. But such is the world of money. It has no heart or feelings.