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How and Why Is Global Corporate Capitalism Obsolete?

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Richard Clark
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Ironically, extreme capital accumulation is actually unproductive of real happiness:      Human happiness and wellbeing are demonstrably and empirically tied to factors other than capital accumulation.   The extreme poverty that results, for some, from this lopsided accumulation, is clearly unproductive of happiness;   but after a certain point of accumulation, so is wealth itself unproductive of ever more happiness.   This happens just as soon as wealth goes past a relatively modest level.   This is not speculation:   Through much study and gathering of data, sociologists have found that happiness, contentment and human fulfillment are most widespread in those societies where:

 

a)  there are guarantees that basic needs will be met for all,

b)  wealth is more equitably distributed, and

c)   bonds between people and the natural environment remain stronger than the desire to accumulate wealth.

 

Skeptical about such claims?   British epidemiologist Richard Wilkinson has compiled an impressive body of research that demonstrates beyond any reasonable doubt that economic and social inequality is detrimental to human physical and mental health and happiness--even for the very rich.   Relatively equal societies are empirically healthier on virtually every indicator of individual and social health and well-being.   That is empirically based fact.

 

In our "capitalist utopia," it doesn't actually matter who or where you are on the socioeconomic ladder as long as you buy and don't get in the way of others buying.   You can keep whatever trappings of subculture or individuality you have, . . provided they don't hinder consumption, commodification, or access to the resources needed to produce the things you are supposed to consume.   Unless you are a rare and truly exceptional person, advertising will (constantly) instruct you on what those things are, that you are supposed to buy, and will convince you that your happiness, wellbeing, and most importantly, your identity, are based on buying them.   The hyper-production, hyper-consumption treadmill society that is thereby destroying our environment, polluting our air, food and water, and squandering our resources, is by this means kept in motion.

 

Meanwhile, ever-growing productivity inevitably creates ever more in the way of surplus labor.   But the problem of surplus labor and the poverty that results from it, is externalized by those who profit from our hyper-production, hyper-consumption treadmill society, and is falsely portrayed as a failure of individual initiative or, even more perversely, as an insufficient application of capitalism!   Problem is, the only way that capitalism can even begin to create the number of jobs that are required is by finding some way to constantly produce ever more in the way of relatively superfluous goods and services, and then find some way to get people to earn and spend money buying all this superfluous new junk.   But as Bertrand Russell once said about this process, "Can anything more insane be imagined?"

 

Not only are personal ethics and a sense of connection-to-nature extrinsic to global corporate capitalism;   in fact, the very idea of a fully developed human consciousness (which would prioritize this connection-to-nature over and above the ever-increased consumption that this sick hyper-production, hyper-consumption system requires) becomes extrinsic as well.   In fact it becomes taboo.

 

Yet this critique of hyper-consumption and hyper-production, fundamental to Mander's book, is not really a critique only of capitalism.   Why not?   Because unlimited economic growth, for all its ecological danger, is not necessarily unique to capitalism:   a socialist society, also without an ecological consciousness, might well also view nature as infinitely exploitable.   (Remember the USSR?)  

 

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

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