Wednesday, 27 November 2019

Ethical Capitalism??

      There is at the moment a lot of talk about turning our economic system into ethical capitalism. Appealing to our governments and corporate bodies  to join the green and ethical revolution. What a naive fantasy, an illusion, a blind alley that will only end in total disillusionment for it followers, and disaster for the rest of us. Capitalism's foundations are exploitation, it is based on making money from somebody else's efforts, how do you make that ethical? Let's hope those pursuing that path wake up in time to see the folly of their ways, go for real change, a real ethical and green society and the total demolition of capitalism. Then perhaps we can start to build that ethical and green society freed from the cancer of profit and exploitation.
      As usual, calm words of common sense from one of my favourite sites, Not Buying Anything. 

         The term Ethical Consumerism is an oxymoron. It is a dream, a fantasy that business as usual types hope will extend current harmful ways of doing things. Don't be fooled by this industrial strength green washing. In order to have ethical consumerism we would have to have an ethical supply chain. First there would have to be ethical resource extraction. Mining companies would no longer be able to hire thugs to murder indigenous activists blocking the mining sites that are destroying their livelihoods. Fomenting violent coups in order to mine resources such as lithium would definitely be out.
      Then there would need to be ethical manufacturing. If made ethical, companies would have to put people and the planet before shareholder interests, and the selfish motives of CEOs. Retail interests would also have to act ethically. No more cooking the books, or fleecing workers to pad the bottom line.
       At every stage corporations would have to do the ethical thing and take responsibility for any damage done while conducting their business. A study done showed that most, if not all, corporations would go bankrupt if they had to pay for the damage they do.
       And what about marketing? Can you imagine ethical advertising? Neither can I. Advertisers wouldn't be able to lie anymore. Or manipulate us with things like "nudging" and neuromarketing manipulation. The entire industry would crumble when they could no longer manufacture desire through the use of nefarious methods of mind control.
      The very greenwashing that brings us something as outlandish as ethical consumerism would become illegal. Greenwashing, and ethical consumerism would disappear into a void of lying blackness, never to be seen again.
       Let us not forget the ethical banking system that would be needed to support all the other ethical endeavours. What would that even look like? No interest to be paid, or charged, because getting something without working for it is unethical. Also, no more money laundering, or other dirty tricks.
      Wouldn't we also need an ethical tax regime? Large corporations and the uber wealthy would actually have to pay their fair share in such a system. And to guide it all, we would need ethical governance at the local, state, and federal levels. How is that going these days? Is propaganda ethical? Is jailing whistleblowers ethical? Is interfering in the business of other countries ethical?
      At best, ethical consumerism would lead to the end of consumerism. And along the way it might take down capitalism and the state, too. There is nothing ethical or logical about the greed, waste, corruption, and selfishness of our current system.
         Let them fail in a creative destruction the likes of which the world has never seen. That would be a welcome outcome. Anything less is a fantastical dream, because current ways can not go on for much longer.

So, what colour would you like your dragon?
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