Is full capitalism sustainable?

Where do your revenues come from--government? I can't imagine competition allowing a business to survive in the private sector with such low productivity per person? Now if your government, with no competition, I fully understand.


Quote from 426653478:

actually you are the one who should get real

I work at a company with over 200 employees, no one does more than 2 hours of work, 2 hours is the max, the other hours they are on facebook, youtube or on the phone, (and I am on ET), and yet the company as a whole is worthless, the whole company could be closed today and other than some 200 people getting unemployed nothing would change, I am sure there are thousands of these worthless companies around the world, having a cool job title doesn't mean you are contributing shit to the society, most jobs are pseudo jobs, serving no purpose other than employing people
 
Quote from Thalamus09:

I can't imagine competition allowing a business to survive in the private sector with such low productivity per person?

What he's describing is maybe a little extreme - but not much.

First coming out of college I ended up at two extremely prominent - and large - high tech outfits. Both fit the mold he described. At least half the people could have been eliminated with negligible impact on actual output. But that would mean eliminating half of management, as well, and the innate human instinct to "empire build" won't allow that to happen until reality puts a gun to our heads.

The dirty little secret of "capitalism" is that big business is every bit as inefficient as big gov't. It's just in the nature of humans to make it so.

If the U.S. were a socialist country for the past 200 years could not afford such a silly gamble.

The US has been a socialist country from the moment of inception, political sloganeering to the contrary notwithstanding.

E pluribus unum
 
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