Whole Foods' Co-Founder John Mackey: "Why Intellectuals Hate Capitalism"

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U give hegemony infinite leeway. US can do no wrong in its foreign policy except show weakness. I dont want to get into it over that though, I just took issue with your claim of ideological flexibility. Your posts scream otherwise.
You only have a point if you ignore the dozens of times I've disagreed with US foreign policy.
 

Ian1362

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intellectuals hate capitalism because it doesn't pay them as much as they think they are worth

they also believe generally in planning society so they are naturally suspicious of the "anarchy" of capitalism
 

TLR Is Mental Poison

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I would say capitalism values ownership, not ideas.
Lol, this is exactly the kind of intellectual jealousy dude was talking about. This is the economic equivalent to "girls only date a$$holes.... under my system 'nice guys' would win by default"

OF COURSE capitalism values ideas. The automobile was an idea. The computer was an idea. The telephone was an idea. Using oil as an energy source was an idea. Google was an idea. Capitalism enabled the creators of these ideas to be appropriately rewarded. Socialism would NOT, and by extension would STIFLE ideas. The only idea socialism rewards is the idea that one person can't have too much more than anyone else, and that property differential is arbitrarily set by people whose ideas are not of much practical value to society.

There's definitely a lot this dude is not on the money about, but his point about intellectuals wanting to control everything is spot on. The concept of a world where the biggest activity (commerce) is decentralized frightens you. I do think there are aspects of society that should be more public/centralized that aren't.... particularly sectors where info is scarce and providers use that confusion to their advantage, like healthcare and insurance. But the simple idea that you as an intellectual can't have a say in every transaction or business relationship or paycheck is not something you are willing to accept.

Intellectuals need to stop pontificating over how to control everyone and start creating ideas that are of value to society. Thats the only way they will get the respect they feel they deserve.
 

Tate

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Lol, this is exactly the kind of intellectual jealousy dude was talking about. This is the economic equivalent to "girls only date a$$holes.... under my system 'nice guys' would win by default"

OF COURSE capitalism values ideas. The automobile was an idea. The computer was an idea. The telephone was an idea. Using oil as an energy source was an idea. Google was an idea. Capitalism enabled the creators of these ideas to be appropriately rewarded. Socialism would NOT, and by extension would STIFLE ideas. The only idea socialism rewards is the idea that one person can't have too much more than anyone else, and that property differential is arbitrarily set by people whose ideas are not of much practical value to society.

There's definitely a lot this dude is not on the money about, but his point about intellectuals wanting to control everything is spot on. The concept of a world where the biggest activity (commerce) is decentralized frightens you. I do think there are aspects of society that should be more public/centralized that aren't.... particularly sectors where info is scarce and providers use that confusion to their advantage, like healthcare and insurance. But the simple idea that you as an intellectual can't have a say in every transaction or business relationship or paycheck is not something you are willing to accept.

Intellectuals need to stop pontificating over how to control everyone and start creating ideas that are of value to society. Thats the only way they will get the respect they feel they deserve.

Did capitalism reward the employees under Edison who came up with most of his inventions or did it reward Edison who grabbed the patents? Did it reward Ronald Wayne for founding apple or did it stop once he no longer owned it? Did all the scientists who were crucial in developing the telephone get rewarded by capitalism or just Graham Bell?

Ideas and ownership can overlap, but don't get it twisted on the pecking order.
 

TLR Is Mental Poison

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Did capitalism reward the employees under Edison who came up with most of his inventions or did it reward Edison who grabbed the patents? Did it reward Ronald Wayne for founding apple or did it stop once he no longer owned it? Did all the scientists who were crucial in developing the telephone get rewarded by capitalism or just Graham Bell?

Ideas and ownership can overlap, but don't get it twisted on the pecking order.
Yes, capitalism rewarded all those people. Those employees and scientists got jobs. Ronald Wayne voluntarily gave up his share in Apple, and then again gave up his ability to utilize legal channels for future claims. Poor examples for anyone who doesnt see any and everything as a "right". Income is a "right". A job is a "right". Everything has to be guaranteed and centrally controlled.
 

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Yes, capitalism rewarded all those people. Those employees and scientists got jobs. Ronald Wayne voluntarily gave up his share in Apple, and then again gave up his ability to utilize legal channels for future claims. Poor examples for anyone who doesnt see any and everything as a "right". Income is a "right". A job is a "right". Everything has to be guaranteed and centrally controlled.

So a job invalidates exploitation? Not a very compelling argument. Edison, Jobs, and Graham bell all profited directly off of others ideas, but since they owned the patent they got the proceeds.

You said tha capitalism rewards ideas, not ownership. However these guys clearly got the lions share of rewards not for having ideas, but for owning others'. Do you have a counterpoint other than diatribes against central planning(which I don't support) and basic income(which I am undecided on)?
 

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So a job invalidates exploitation? Not a very compelling argument. Edison, Jobs, and Graham bell all profited directly off of others ideas, but since they owned the patent they got the proceeds.

You said tha capitalism rewards ideas, not ownership. However these guys clearly got the lions share of rewards not for having ideas, but for owning others'. Do you have a counterpoint other than diatribes against central planning(which I don't support) and basic income(which I am undecided on)?
How were they exploited? They folks working under them had the same avenues to capitalize on their ideas, they just didn't. If you have an idea and dont capitalize on it you dont deserve the rewards of it. Those folks working under Edison and Graham should have filed patents. Ronald Wayne is an idiot.
 

Domingo Halliburton

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So a job invalidates exploitation? Not a very compelling argument. Edison, Jobs, and Graham bell all profited directly off of others ideas, but since they owned the patent they got the proceeds.

You said tha capitalism rewards ideas, not ownership. However these guys clearly got the lions share of rewards not for having ideas, but for owning others'. Do you have a counterpoint other than diatribes against central planning(which I don't support) and basic income(which I am undecided on)?

cherry picking
 

Tate

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How were they exploited? They folks working under them had the same avenues to capitalize on their ideas, they just didn't. If you have an idea and dont capitalize on it you dont deserve the rewards of it. Those folks working under Edison and Graham should have filed patents. Ronald Wayne is an idiot.

So your final assessment here is that capitalism doesn't value ideas so much as taking ownership of those ideas? Glad we could agree breh
 

Tate

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cherry picking

Somewhat but it proves the statement does it not? It's ultimately the owner of the idea, not the originator who receives capitalism's highest blessings. There is overlap but when there isn't, it's clear who comes out on top
 
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