Useful Notes Capitalism Discussion

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Comintern1919
Topic
10:17:52 AM Jan 23rd 2017
I deleted the lower half of the page because it was highly biased against Capitalism, especially compared to the page on Socialism.

I was told that the Socialist page bears no relevance, I disagree. I thought TV Tropes was a neutral Platform, and not a Socialist Platform, so if the page on Socialism is written relatively neutral, why shouldn't the page on Capitalism too, be written neutral? Everyone on TV Tropes you see neutrality and respect be mentioned as very important, yet here it isn't?

What I deleted reads almost exactly like what is written in Karl Marx's "Das Kapital", very dry and totally different to most more fun and easy-to-read articles on TV Tropes.

And what I mean by it being majorly biased against Capitalism:

"Capitalism kills its hosts" -> I dare to say that Capitalists and those that support Capitalism will disagree with that statement. This would be okay, if it was under a subcategory of Criticism on Capitalism, but it is written as if it is a fact that people have to agree on.

I admit after rereading it, the rest of the article, while sometimes being a bit negative, May not be that biased. However, I still maintain that the article is written different than most articles on this site, especially the part "The Central Contradiction: r > g". I suggest at least removing or completely rewriting this part. It reads strange, it reads VERY Marxist, and way to dry. It does sound like directly copied from Marx's Book.
JulianLapostat
10:33:03 AM Jan 23rd 2017
I was told that the Socialist page bears no relevance,

It bears no relevance precisely because it is an entirely separate page from Capitalism with content not dealing with it. It doesn't matter one way or another if that page has a positive/negative tone.

What I deleted reads almost exactly like what is written in Karl Marx's "Das Kapital", very dry and totally different to most more fun and easy-to-read articles on TV Tropes.

Well if you wish it to be written more accessibly than that's fine, but do not say things that what is written like Marx's Das Capital, that book is mostly statistics and reports on the conditions of Victorian factories, absolutely none of which is covered in this page.

"Capitalism kills its hosts"

A statement by Non-Marxist Keynesian economist Thomas Piketty, the most respected economist in the world today, author of Capital in the 21st Century.

"The Central Contradiction: r > g". I suggest at least removing or completely rewriting this part.

Also from Piketty's book. Not from Marx's for the very obvious reason that Marx did not have access to the statistics to make that statement.

Marx is a great man but even he, student of Adam Smith and others that he was, would deny that he was the first and last authority on capitalism. I wouldn't say Marx is absent from the page, but he is not the primary or only voice.

Lightspeed
Topic
08:53:55 PM Nov 30th 2016
>Hold political-economic power in proportion to their ownership of capital. This is preposterous; I have never heard a capitalist describe this part of capitalism, specifically holding political power via capital. Look up "Capitalism" on your choice of search engine, I guarantee the results won't describe this as a part of it.

And I agree with jate88, it reads like a hit piece as is. The Socialism Useful Notes page doesn't start with anything nearly as hostile as "capitalism kills its hosts", and especially when this one starts off with such a ridiculous assertion it doesn't hold my trust for more than a few seconds.
jate88
Topic
04:23:14 PM Nov 17th 2016
The person who rewrote this clearly has a left wing bias.
JulianLapostat
06:23:39 PM Nov 17th 2016
Well reality tends to have a left-wing bias...

...in all honesty the definitions here are based on the works of current academic economists, like Krugman, Piketty and Keynes. Respected professionals all of them.
MAI742
06:29:02 PM Nov 17th 2016
What does that mean, and how is the article now wrong?
jate88
12:20:49 PM Nov 18th 2016
Well saying that capitalism has a political component to it is debated in the discussion on the political ideologies useful note page. Saying the capitalist class dominates economic-political life I guess could be true or false but sounds Marxist. Saying capitalism is defined by a self-destructive trend sounds like a criticism of it. The second paragraph in the central contradiction section sounds very similar to the Marxist idea that the working class will rise up and overthrow the capitalist class. I don't understand why there needs to be two different sections to explain the different types of capitalism.
MAI742
06:03:07 AM Nov 21st 2016
edited by MAI742
Capitalism is an economic system, so by definition it cannot exist independently of human society and its politics.

Good point re: Capitalist domination, that would be untrue in a Social Democracy.

And yes, the section claiming that Capitalism is self-destructive was a mistake. Governments are destroyed by the capital accumulation dynamic, not Capitalism itself (as Marxists hope).

I assume you're referring to the section explaining the "systems" themselves and the other which explains the "schools of thought". The problem with explaining which systems arise from political attempts to implement one (or more) schools is that this is Grade-A Flame Bait.

Most infamously, Austrian-school economists and Neoliberal thinkers such as Ayn Rand believe(d) that if their ideas were implemented in reality then the political-economic system which resulted would be a perfectly meritocratic democracy. Almost everyone else believes that the result would be a (de facto) dictatorship with little or no social mobility.
Ryonne
Topic
10:15:45 AM May 13th 2016
The "uncontroversial" definition of capitalism given here is the Marxist definition. Doesn't that seem a bit biased?
MAI742
04:58:27 PM May 13th 2016
How is it "Marxist"? And who on earth would dispute such a definition? I mean, even wikipedia defines it thusly:

"Capitalism is an economic system based on private ownership of the means of production and their operation for profit."

....before elaborating upon its other features using terms and words which require explanation.
Robrecht
Topic
11:45:17 PM Jul 23rd 2013
'Socialism is it's biggest competitor'? No.

Capitalism is an economic model. Socialism is not, nor does it include, an economic model.

Socialism includes certain views on the role of a government in the economy and on the extent of public vs. private property, but contrary to what you hear from people arguing on the internet and politicians making claims about it in their rhetoric, those views are not mutually exclusive with adopting Capitalist economic practice.
jate88
Topic
05:26:50 AM May 9th 2013
Maybe more math could be brought into this article.
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