RSS Feed

Posted on

Moorbey'z Blog

By Rashid Johnson

Capitalism’s Insane Logic

Capitalist logic proclaims no one has the right to exist, to be here, except the wealthy. This illogic inheres in the very system itself.

Early capitalist economists like Thomas Malthus and David Ricardo expressed it without shame. They explained, in a world ruled by capitalism only the rich have rights. Everyone else exists solely to serve them; to enhance their wealth. Those of no profitable use should receive nothing. For sharing their wealth would only lead to the wealthy’s own impoverishment; making them equals of the common people, which was unthinkable.

Therefore, according to Malthus, those sad unprofitable souls, whom he deemed a surplus population, should just “go somewhere else.” [1] Like to a prison labor camp or to some distant land. Ricardo explained that these are unalterable capitalist principles, “the principle of gravitation,” [2] as he called it. For those unable…

View original post 1,225 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: