• Flambo@lemmy.world
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    11 months ago

    The only way to make a profit under capitalism is to satisfy the needs of your consumers, regardless if you want or not.

    This isn’t true. This isn’t close to true, not even a little. Rent seeking, manufacturing wants/needs, extortion, the list goes on and on, but…

    It will not be profitable if other external factors arise, just as regulations, licences, government-granted privileges that squash other competitors

    …Yep. You’ve defined capitalism so that all these inevitable features of a capitalist economy are “external factors”. What a stroke of genius. But much like the extraction and consumption of fossil fuels, the myriad ills that inevitably accompany it are “external” only because capitalists have named them so.

    Scarcity is not something you can “conquer”.

    It’s not something capitalism can conquer, because any solution that would end scarcity for a good or service would thereby end profitability for the same. No capitalist would provide it; they’d sooner let their capital collect dust than be used without profit. Or in the case of the Great Depression, they’d sooner set fresh produce and livestock on fire than let other consume it without profit to themselves.

    The unplanned order of markets […] emerges spontaneously, so it costs us nothing.

    Markets cost us nothing because they emerge spontaneously? Things that emerge spontaneously cost us nothing? I’ll leave it to the reader to poke holes in this obvious nonsense. I’ll merely point out that capitalists have proven themselves masters at turning a profit from things that “emerge spontaneously”, costing everyone a great deal in the process.