Interesting discussion...I feel compelled to weigh in.
Doug_Basberg wrote:
We have had many socialist/communist systems for many centuries.
Not in a governmental sense Doug...it's easy to confuse dictatorship gained through the agency of perverted Marxist rhetoric backed by violence, with genuine 'socialism.' That's the definition most of us have been educated to believe...but there is a clear difference between the two, as I hope to clearly demonstrate (albeit briefly) below.
First off, just to qualify my comments, I'm not a Marxist per se, but I do sympathise somewhat with the ideology in a broad sense.
All the dictatorships proclaiming to be 'socialist' or 'communist' were marked by State control of everything and little incentive for the individual to refine and improve - Marxism is almost capitalistic in comparison. Under a so-called Socialist Dictatorship, the 'proletariat' is utterly controlled by the State. In a genuinely Marxist system, control over productivity is broken down into far smaller groups which each have autonomy from the State which is equal to that of Capitalism.
For example, an Aquaponics company under a Socialist Dictatorship would have its ambitions, growth potential, productivity, personnel, supplies, market - anything you can think of to do with running a business - all controlled by the State.
Under a Marxist system, only the workers and managers who are directly involved (the shareholders to put it another way) have control over the company's operations. The idea is to stimulate those directly involved to work as hard as they can to make the company a success. They - not the 'shareholders' in a Western investment sense - are the direct beneficiaries of the company thriving.
As you can see, the whole concept has profit and sustainability of each company or entity as its central tenets - not 'syphoning wealth from the productive and hard working to those who are not'...as Marxism has been overwhelmingly portrayed as being all about.
The inherent irony in a genuine comparison between Marxism and Capitalism, is that under our present Western system of Capitalism, wealth is indeed syphoned from the productive and hard working, to those who gain far more from merely investing their pre-existing wealth (investors). Some of these may indeed be 'self-made' and have started from scratch by working hard, but a far greater number, inherit wealth and snowball that ever growing wealth endlessly through the generations.
I hope I've explained the above clearly...I'm happy to elaborate on another occasion if I haven't.
As for many of your own and other people's thoughts on Capitalism and technology combining to solve all problems, I'm very much of a similar mind to Joel.
I'd like to refer to an article and thread I posted over at the PRI about the 'Rule Of 70' to partly summarise the bases of my belief that the endless growth needed to keep a Capitalist system functioning is totally unsustainable, downright dangerous, and pre-destined for collapse:
Quote:
WHY IS it that our planners and politicians understand so little of basic mathematics and its implications? Let me explain how serious the consequences of not understanding some basic mathematical concepts can be. Let us take economic growth, the basic premise of conventional economics, and the assumption that without it our economic model falls apart. It is important that we understand the implications and consequences of this assumption. To understand the implications, we need to understand the underlying exponential mathematics.
Exponential growth refers to a situation where there is constant growth. It doesn't matter what the rate of growth is, only that it is constant. For example, our current economic strategy is aimed at achieving 6% growth over a sustained period of time. What 6% growth means is that we will be doubling the size of our economy in roughly the next 11 years.
Yes, at this rate of growth we will double our gross domestic product, which means we will double what we produce. In order to double what we produce, we will need to double what goes into what we produce.
This includes raw materials and crucially, energy. So, roughly speaking, in the next 11 years we are going to need to double the amount of energy we are currently consuming.
...
Let's understand this in a little more depth. Each doubling cycle - 11 years, in our case, at 6% growth - is greater than the sum of all previous doubling cycles combined.
This means that in the next 11 years, we will consume more than we have in our entire history. Every time we double, that is, when we go from one to two, from two to four, from four to eight, from eight to 16, and so forth, the last doubling cycle is greater than the sum of all the previous cycles - 16 is greater than 8+4+2+1, which is equal to 15. This is a mathematical law that is rarely understood, particularly by economists, who often assume resources are infinite.Living in a state of exponential delusion (Click To View)Dr. Albert Bartlett: Arithmetic, Population and Energy (Click To View)
Note: The author of the first link and the quoted excerpt above is South African - at 6% growth they are a 'happy medium' between Western growth rates and those of the 'boom economies.'
China and India are growing at 8-11%...'doubling' roughly every 6-9 years. Once they have a far greater amount of wealth in their societies (which IMO is questionable as to whether it will ever be achieved), the global investors will (or would if it were physically possible) just look for the next frontier - and with much of the world 'economically underdeveloped', there are plenty of other options.
At what point do we realise as a society, that not just energy (which alone is a subject I could write for a week solid on), but ALL resources need to continue being able to endlessly double over short periods of time for growth to be endlessly maintained? The day it stops, we fall face first into a global recession. Oil, coal (energy) or moving on to new horizons (the 'New World' etc), pulled us out of recession in the past...now, for the first time in our industrialised history, this won't be remotely possible.
We can nip away at the edges...conserving and inventing to amazing degrees, but the fundamentals (simple physics, land area, soil fertility and depth, water, food, energy, and finite available raw resources) don't really change. Without wealth creation via endless consumption of raw resources and endless population growth, economic growth is simply not possible.
IMO we have two choices: sustainable energy powerdown, reinvented agriculture and a shift away from the need for constant economic growth to maintain healthy societies; or Cornucopian (to use the thread term) collapse.
This choice is upon us now - not decades from now.
There's a hundred other things I could have raised, but I saw these two as being the most relevant and important to start with.
