Quote : “… a for-profit enterprise lives and breaths profit…its their oxygen… again its not the objective of a for-profit private enterprise to save the world or help the poor…”
Precisely, my point. It describes their world succinctly.
On the other hand, our world and our people
have nothing to do with it; we are not served
in the least by a capitalist’s profit.
We are served by enterprise, inventions,
innovations … not by private profits.
And “for-profit” capitalists are far from being
the only agents for change or at shooting
a new trail for us to take : Marx, Gandhi,
Luther King and Mandela were not.
Dr Norman Borlaug too was not one,
nor were the Curies.
In fact, the capitalist (and their profit) is redundant to our world and the people : it matters little whether they are there or not. They do employ people but most of it is exploitative; it yields money but leaves our people more physically sick, mentally choked and spiritually unhappy than they otherwise would have been.
Haven’t we heard of NikolaTesla ? Nobody has served the world and our people more than his inventions and
innovations in modern times.
And he did not give a damn to profits or creating wealth
You may read up Edison’s bio, for the contrast.
Similar is the story of the inventor of polio vaccine…
* * *
You say, you are shocked …
Well, it’s good if you are shocked into a glimpse of alternate reality — humanism, for us commoners amounting to 6 billion odd !
Rather than us not getting it, you seem pretty much history-blind and perspective-dumb. Let me explain :
1) Profit is not a bad word for me … it’s a necessity but not connected to the megalomania of the “capitalist.” It’s a business or organisation need, to pay for the cost of funding and operation partnerships, and to remain in business in future. That’s about it; nothing more … and surely not all that wealth accumulation romance that is driving more and aspirants crazy.
2) I don’t see why foregoing his royalty on intellectuall property from the least and less developed eonomies isn’t a much better, more efficient and direct proposition for Bill Gates than depriving them of its free use, collecting the royalty on a shrunk base, piling (hoarding) it up, and then issuing it in accord with his will and fancy as charity !
By foregoing his steep fees in perpetuity, the economies will be able to afford early tech-empowerment and surge faster into managing themselves better, usher in transparent governance and, in addition, enabling its people with all manner of direct and indirect spin-off products and services.
As for Gates, he’ll still be richer than 99.9% of earth’s population with returns from North America, Europe, Far East and sundry other economies with the ability to pay.
3) A compelling reason for foregoing tall piles of concentrated wealth in few hands is that it makes them unduly powerful, with their capacity to influence and make governments in accord with their wishes, and not for what govts are supposed to do — taking care of their land, resources and their people. These render democracies with oligarchical character, or to being subverted into the same plutocracy the world has overtly emerged out of.
That vulgar display of earthquake-proof Antila Mansion by Mukesh Ambani – 27 storeys for 5 people, is a case in point.
Did you notice how our Parliament and Legislatures have already been cast in their very image – 70% odd are crorepatis !
No, Parag, I will accept that it takes all kinds to make up this world, and the capitalist too has a place in it. But he isn’t someone who is aligned with what this world and its people need.
However, I wouldn’t want them to go extinct. But that’s only on account of my love for diversity !
- “Competition has NOT delivered the Capitalist Free Market promise of ‘better products and service…” (futureof.biz)
- What’s efficiency got to do with capitalism? Nothing. (rawstory.com)
- Capitalist prisons need prisoners as their end product. (francoistremblay.wordpress.com)
- ‘Pay for Delay’ – a capitalist quandary (rebaneruminations.typepad.com)
- Wage Struggles: Reformist or Revolutionary? (onestruggle.net)