truthseeker,
It doesn’t look like you have studied any economics at school yet, or if you have then it appears to have been at a very superficial level.
Firstly consumism isn’t a word – try consumerism as I think that is what you mean.
Secondly: Money is not the root of all evil, but a love of money can result in evil. There is nothing wrong with money; it is just a tool.
Thirdly: TV is again not a problem in its own right. It is again just a tool whose value depends on how it is used.
You appear to have something against capitalism but you haven’t offered any alternatives. Capitalism combined with consumerism are currently the most successful and effective economic systems that mankind has so far devised. They are far from perfect but then again mankind is an ever-evolving phenomenon.
Capitalism currently offers the individual citizen the greatest freedom ever devised.
A few definitions –
Economics: 1 : a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services.
Capitalism: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by
private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a
free market.
Consumerism: 2 : the theory that an increasing consumption of goods is economically desirable; also : a preoccupation with and an inclination toward the buying of consumer goods.
Communism: 1 a : a theory advocating elimination of private property b : a system in which goods are owned in common and are available to all as needed.
Feudalism: 1 : the system of political organization prevailing in Europe from the 9th to about the 15th centuries having as its basis the relation of lord to vassal with all land held in fee and as chief characteristics homage, the service of tenants under arms and in court, wardship, and forfeiture.
Distribution of resources.
The greatest problem facing any large group of organized humans is how to distribute necessary resources. For example: Food, clothing, shelter, luxuries, etc.
In early times kings and other monarchs decided who would obtain what. This turned into the long lasting feudal systems described above. Communism tried a different variation. But in all these systems the individual citizen did not have much freedom to choose their own path or control their own lives.
Capitalism was a major breakthrough especially when combined with democracy. The combination results in the maximization of the freedom of the individual. Note the two key phrases highlighted under Capitalism above: Private decision, and free market.
Capitalism offers an enormous level of personal freedom never before experienced in the entire history of mankind.
Issues of Consumerism:
Consumerism is the vital engine that drives the modern economy. It is the mechanism that causes wealth to be circulated. The faster the circulation then the greater the efficiency of the system.
E.g. When you spend money, that goes to pay someone’s wages, who can then also spend that money and so on. Control of the money supply, interest rates, inflation, etc, are beyond the scope of this post, but all come into play when controlling the engine, they are among some of the brakes and throttles.
But consumerism is a mechanism that should be encouraged and stimulated whenever possible. However, the definition above describes two definitions. The second shows a preoccupation with buying things that are perhaps superfluous. That is perhaps not a healthy choice but is entirely at the discretion and freedom of the individual.
The Free Market and Sucess.
The free market depends purely on supply and demand. If enough people want something then others can supply those goods. If no one wants to buy what you want to sell then you need to change your ideas. Left to itself the free market is a largely self-controlling mechanism.
Unfortunately when people begin to lose their trust in the system or it is not properly managed then people might choose to stop spending. That can cause a rapid downward spiral to disaster. We see the effect in stock market crashes of which there have been a few. The most well known was the great depression of the 1920s. In effect the engine of consumerism stalled and the result was enormous misery and chaos.
But the free market gives fabulous opportunities to those who want to work hard to achieve their own personal goals. For those who are lazy then failure and misery are the normal outcomes.
Freedom!?!?!?!?!?!?!
Which freedom are you talking about!?!?!?!?!?!?
As explained above – the freedom to do as you wish in a way never before possible.
Capitalism works when we become slaves of Consumism and of money!!!! It's a slavery society completly focused on meaningless pleasures such as consumism!!!!!
Before capitalism the comparison with slavery might have been more relevant but here it shows you do not understand the vital nature of consumerism or the economy in which you live.
This capitalist society can only work through the slavery of people that are always trying to find a meaning for their lifes outside themselves...
No it is a simple system that allows people the complete freedom to choose whatever they wish. If some want to potentially waste their time with apparent futile purchases and pursuits then who are you to judge them? Others with perhaps greater wisdom can work within the system to achieve great individual success in whatever field they choose.
And which freedom is that that millions of people become addicted to drugs, alcohol and cigarretes!??!?!?!?!?
The choice of the individual and an inadequate education system.
And all the poor people around the planet? What happen with them. Do you know that 1 american consume the same ammount of energy, food and all resources as about 267 people from Bangladesh?? No... Who cares? Americans usually don't...
You are erroneously speaking for everyone again. Many of us donate significant portions of our salaries to help in all these areas, what are your contributions at the moment? Don’t blanket judge everyone with your ignorance, it is offensive.
Bangladesh is a fledgling democracy of barely 3 decades and with few natural resources of their own. It is going to take a while for them to mature. But take India that is a vast democracy based on a capitalist system. You should ask why there are so many poor people there. the answer is very simple – the Indian government do not trust their people and have placed massive constraints and controls on their alleged free market system. For example it takes around a year for someone to register and start a new business. Whereas in Hong Kong (probably the most successful free market system in the world), someone can register and start a new business within a day. The issue of India is overwhelming bureaucracy causing significant loss of freedom of the individual.
The only freedom I agree the capitalism gives us is the freedom of speech.
That is politics and the constitution and has nothing to do with capitalism.
Issues of the TV.
The TV is rapidly losing its ability to influence people in specific areas. With the ever-increasing number of TV channels available no one single channel can expect to hold a controlling influence anymore. In the USA when ABC, NBC, and CBS used to have a controlling influence then maybe there was a case, but these stations are rapidly losing there market share to cable.
In a typical American home cable provides on average 50 channels, and in many cases there are 200+ channels. With such extraordinary choice it remains the responsibility and freedom of the individual to choose what they want to watch. Again who are you to judge what free people should choose to watch?
For those of us who have appropriate wisdom and are capable of exercising discretion then we can choose from a wide variety of news and entertainment and remain fully aware of whether we are being overly influenced or not.
In terms of news then the independence of CNN is well established as a reliable source. SKY News and ITN in the UK and Europe have comparable quality to CNN. And the BBC News remains probably the best in the world. Again it is the wide choice available that allows people to form their own opinions from multiple sources ensuring that no one single institution can dominate what free people consume.
Summary.
Capitalism, consumerism, TV, offer massive freedom to individuals and on a scale that we have never had before. What people choose to do with that freedom is entirely up to them. And the choices can be superficial and degrading to enlightening and enriching.
Remember: Everyone should be free to do whatever they wish providing such actions do not interfere with the freedom of others.
But the key to all of this is a maximization of freedom.
Cris