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by deanak 1880 days ago
> people have been organizing into large work entities since time immemorial

Mercantilism didn't appear until the 17th Century.

> Yet people act like working for someone else is some new construct that exists to oppress everyone and most of the common mans ills are because of capitalists. This to me is quite silly.

Criticism of capitalism is as old as capitalism itself. Organizing a hierarchy that replicates monarchy/aristocracy carries the same problems -- mostly incompetence hidden by birthright and social status.

Markets work and have existed since time immemorial. The problem is that modern capitalism is so corrupt that is has destroyed the market. All products are more or less terrible, because the executives running the company never use the products they produce, or have any real idea what their workers do on a daily basis. This reality was even recognized by Adam Smith:

"The trade of a joint-stock company is always managed by a court of directors. This court, indeed, is frequently subject, in many respects, to the control of a general court of proprietors. But the greater part of these proprietors seldom pretend to understand any thing of the business of the company... The directors of such companies, however, being the managers rather of other people’s money than of their own, it cannot well be expected that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently watch over their own. Like the stewards of a rich man, they are apt to consider attention to small matters as not for their master’s honour, and very easily give themselves a dispensation from having it. Negligence and profusion, therefore, must always prevail, more or less, in the management of the affairs of such a company. It is upon this account, that joint-stock companies for foreign trade have seldom been able to maintain the competition against private adventurers. They have, accordingly, very seldom succeeded without an exclusive privilege; and frequently have not succeeded with one. Without an exclusive privilege, they have commonly mismanaged the trade. With an exclusive privilege, they have both mismanaged and confined it."

> Most everything else that is worth having in life takes discipline, work, and self growth. Yes some people will get more of those good things, some for less effort, so what though? As long as they are not breaking laws to do so I am fine with it. If someone breaks the law then punish them.

The privatized natural gas company in your town hires a lobbyist to eliminate safety regulations. The gas seeps in your home and explodes when your partner goes to light the stove. You survived the explosion, but the hospital bills emptied your bank account. Your insurance doesn't cover negligence by a third party. No law was broken.

You are now bankrupt, homeless, alone, and unable to work. How is discipline, hard work, and self growth going to help you?