Above all, capitalism wastes human life. The U.S. spends billions to warehouse 2 million people—many of them young Black and Latino men—in overcrowded prisons. It provides sub-par education to millions of poor students, sending a message that their lives will amount to nothing.
Are people homeless in America because there’s a shortage of homes? And if that’s the case, is there a shortage of homes because we don’t have the concrete, the wood and the steel to build them?
The truth is that under capitalism, there’s no incentive to build low-cost housing for the homeless—because it isn’t profitable to do so.
The same goes for the more than 800 million people in the world who go hungry. It isn’t profitable to feed them. So food is stockpiled or destroyed rather than distributed to them.
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Is the free market efficient? (via humanformat)
Can’t say it enough: Capitalism is the pursuit of the highest profit possible. This is why child labor and the 18-hour days were so prevalent, and why we are still struggling so hard for health benefits and maternity leave: because spending money on things that will not turn a profit or will damage a precious profit margin (i.e. investing money in building homes, paying for worker’s health, cutting down hours while increasing pay) is against everything that capitalism stands for.
We do not want to live in such an unstable system.
(via stuish)
