by CodeBlackv2 » Sun Oct 03, 2010 2:55 pm
The problem is that no one has come up with a better system. Economics is nothing more than the system of transfer of goods and services from one person, or group, to another. No one will do anything without incentives and all systems that use mainly negative incentives have been defeated. Capitalism uses mainly, but not entirely, positive incentives to motivate creativity.
The real problem is not capitalism vs. other systems. Its honesty vs. dishonesty. Capitalist countries always end up overrun by corruption. So you don't get capitalism either. The industrial revolution is an example of what capitalism is capable of.
Today, we have devolved back into the feudal system, where a few people own all the natural resources and everyone else is legally prevented from accessing them. In Colorado, you aren't even allowed to collect water that falls from the sky! Next thing you know they'll outlaw catching the rays of the sun.
The bottom line is that people have to be able to benefit from their creativity or there will be none. If I paint a masterpiece, it does NOT belong to the public domain.
My profession has been destroyed by free crap. And so the profession is dead. And it will move, or has moved, into the realm of the lawless, and they will steal you blind. That's what the FBI predicts by the way.