Fiorina: U.S. jobs no birthright 4507

Capitalism and Communism are both bad. The problem with capitalism is that it puts no special value on people. Capitalism is based on supply and demand. A capitalist company that made potato chips for example would need--X number of potatoes, Y amount of salt, and Z number of human beings for labor. The human beings have no more value than the potatoes or the salt. And they consider it good to pay they humans as little as they possibly can to increase their profits.

According to capitalist theory people must compete to see who will work for the least pennies per hour. They say everyone must compete with the people in Mexico and China to see who will work for the fewest pennies. If a company makes billions in profit while paying its employees starvation wages that is perfectly fine. At least the sacred laws of supply and demand are not violated. If the people die of starvation that is fine too. You can always get more people. If there is not enough work for everyone to do then they think people need to die off. Ebenezer Scrooge did everything right according to the capitalists and followed the beliefs and values of capitalism.

The apologists for the Scrooges correctly point out that people only start business for a profit. Of course that is true. Anyone can see that communism is a big mistake. But wouldn't people start the business for only millions in profits rather than billions? What if there were laws that made sure working people got a reasonable share of the profit? Would that be so terrible?

In a hypothetical case suppose technology progressed so far that all the work were done by machines. Huge farms gathering food and all automated. You would think everything would be great, but under capitalism the people would starve because there wouldn't be enough jobs. Capitalists oppose welfare and say that orphans and other needy people should be helped by charity. How much charity would there be when capitalists openly say that selfishness is a great virtue? If there was no welfare then the charitable people would have to pay for everything while most people would not pay one thin dime. We have welfare so people all pay their fair share. It is part of having civilization.

We have many laws that make things better for people. There are laws that give people extra pay if they work over forty hours. There are laws that ensure people will have retirement. Capitalism is for doing away with the laws so businesses can be free to be as greedy as possible.There are laws that keep people from getting ripped off when they buy a house. Capitalism is against that. Capitalism is bad for people.