"No, we don’t live in a purely capitalistic system. A purely capitalistic system is inherently doomed to self-destruction. See:
A perfect capitalism: no monopolies, no unions, no special advantages. Every commodity sells at its true value (value is the amount of labor it takes to make a commodity). If everything is sold at value, profits can only be introduced into the system on the back end, the exploitation of labor from the worker and underpayment (wage) of what is due. The capitalist is able to do this because he and only he owns the means by which to produce. Enter: competition. Capitalists must expand, and in so doing, must compete for more workers; wages rise; profits fall; necessity is the mother of invention: technology saves the day. Since technology is purchased at full value, it cannot be exploited, thus the unemployment created reduces the exploitable profits from workers. But he must. The cycle repeats, but with less consumers due to unemployment. Less and less profits lead to crisis. But these are just “business cycles” no? The weak must go under, and wealth and means of production are consolidated after the crisis. This cycle inevitably repeats, but creating a larger crisis each time, as larger and larger corporations are forced under. Along with the diminishing economic super-actors, grows the mass misery, oppression, degradation, and exploitation of the victimized workers. As businesses consolidate, so do the workers working for them, thus capitalism itself organizes the proletariat. This organization of labor and the centralized means of production finally reach a point where they are incompatible. Here, “the expropriators are expropriated”, and no government was ever involved. Pure capitalism must therefore, inevitably destroy itself trying to juice its own energy (surplus value of labor) until it has nothing left. Inescapable, but able to be stalled, thankfully, which is what the social cohesion strategies of our current time serve to do.
For brevity’s sake I did not address services, where machinery is not as relevant, but if you don’t understand, I will happily do so.
Problems created from deviations? I think not. No, they are the only thing that has kept our system alive so long."
I saw this post on a forum and wanted to hear everyone’s critique. Be as brutal as possible, lol