As someone who lives in the United States of America, I hear endlessly of the positives resulting from capitalism every day. It's quite uncommon for me—or anyone in America for that matter—to take note of any ideological conviction that does not perfectly align with free-markets and private enterprise.

But one question posits itself time and time again. Is capitalism a "fair" economic system? And is capitalism as effective as it says it is?

First, I would like to hone in on the chaos of the market system itself. The market system is a fundamentally anarchic structure due to it's subjection to the interests of independent and personally motivated peoples. What has resulted out of capitalism is a machine of eternal growth/profit maximization and eternal expenditure minimization.

For a rather abstract example, whenever high demand signals any sort of profit to be created out of a field or industry of the economy, the capitalists flock to these sectors and overclock production simply for the sake of profit. The mentality here being, "The more I make, the more I profit, because the more they (the proletariat) buy."

Though capitalists do (surprisingly) have the ability to decrease production and slowly move away from a particular industry as marginal utility (and so demand for whatever good) decreases in the world of the consumer, this can take a while, and leaves many units of goods that resulted from overproduction going completely unused. This is because if capitalists produce enough goods in a particular economic sector for a long enough period of time, it is practically inevitable that marginal utility will decrease until it becomes negative marginal utility. Due to the natural instinct for the private owners or shareholders to squeeze every last penny out of an industry as economically possible, (under such a profit-motivated system) however, the overproduction of goods in a specific industry is essentially an inevitability itself.

For Fascists, Socialists, or the Third Position in general, this overproduction of goods and sloppy profit motivated system creates unnecessary waste to be done away with. In the Fascist or Socialist economic system, the market no longer truly exists as a sovereign entity, and is either completely subject to, or completely replaced by statist economic planning. In the case of Fascists, this would result in just a subjection of. In the case of Socialists, this would result in a complete replacement of.

To summarize, the market is anarchic because the vast majority of economic production and growth are created entirely for the sake of profit yield, rather than genuine consumer utility or state interests.

The next component of capitalism that I would like to discuss is the system's inherent consumerism.

Consumerism is perhaps the most unfortunate plague of the modern world, and it is, in it's entirety, a creation of capitalism. The existence of consumerism is purely that of, "we must buy things we do not need to please people we do not even care about." It promotes a lifestyle built upon the falsehoods of pure want and greed. Consumerism also serves as a sort of gateway to hedonism, and propels many to partake in actions or consume goods solely on the basis of personal pleasure and obtaining an abstract state of "emotional feel-good." In a society that exists in accordance with the reality of collective preservation and national honor, neither hedonism nor the (hardly) lesser consumerism can continue to subsist and feed off of the general populace as if it were a living parasite.

The final component of capitalism I will be discussing in this particular article is the reality of private ownership of production. Though, be cautious in consuming this upcoming short bout of assertions, as they are largely made up of my own personal interpretations of the modern world and are completely subject to the conditions of my own political and ideological convictions.

Private ownership of the means of production is seen by many (but I dare not assert "most") on the Third Position as a genuine injustice. The private ownership of the means of production is an environment ripe for the exploitation of both the urban industrial proletariat, as well as the agrarian proletariat. Not only does this system divide the true producer of goods from his product, but it also forces the true producer to pitifully sell off his labor, as if he were a slave, to the owners of the productive forces. This labor that these true producers have is intrinsically valuable, thus making the man himself intrinsically valuable.

The capitalists do not see this inherent value in the man himself however. The capitalist is so short-sighted, that he can see only the value of the man's ability to produce via labor. Yet this is also where modern Marxists are also wrong. Even these hordes see man's ability to labor as some intangible force of living mathematics in need of liberation.

The truth is, both sides are completely wrong. Man is indeed in need of liberation, but because the Lord calls for it. Man is in need of liberation because it is his destiny, because his flesh, created by God, is simply incompatible with the modern reality of being enslaved by self-absorbed profiteers.

 

Authored by,
SITPC Minister of Information and Agitprop, Jefferson