Its typical communist tripe. I'll give a quick summary (THREAD)
2. Capitalists force us to waste our labor producing "profitable" goods, rather than producing goods for the "well-being of all."
(1)
If one chooses not to work, then what right does he have to anything produced? Labor is going to be required because even a lion or a gorilla has to labor for his food. Antelopes don't fall from the sky into their mouths. (4)
Capitalism benefits from an official sanctioning of ownership, sure. Can't deny that.
But people claim things UNOFFICIALLY all the time.
Nomadic societies protected their hunting grounds and watering holes, though they didn't own those grounds. (10)
1) There's enough fish for all.
2) "Oh shit, those people are gonna get all the fish!"
A human being is more likely to response in the latter way. We err on the side of scarcity. (11)
So they WANT you to come work on their land, in their buildings etc because they need help making a valuable good (13)
People continue to be paid even while the company is bankrupt (14)
Just because YOU don't see a value of a thing, that doesn't mean its not valuable.
"Worthless" items to some, add value to the lives of others.
Books are worthless to the illiterate, why write? Because you might be able to add some value to people who can read (15)
People find ways to provide for themselves. They may not need your help, may not want it. (17)
This is mostly true. We have the tech to avoid starvation, build grand homes and live in luxury compared to kings of the past.
This came from harnessing the power of self-interest and using it to help others, not by focusing on strangers. (19)
Giving people the freedom and power to pursue their own self-interest is WHY our society is doing so well. (20)
No.
But it does lead to a society where the POOR are actually FAT and decadent in their lifestyles which likely has never happened anywhere in the world.
Its a miracle what has taken place in the West (mostly).