Corporationalism the excessive form of capitalism has destroyed the planet.
I run two small businesses. In my small businesses, all I have to do is to sell enough products in the first business or services in the second, to pay the employees and myself a living wage. Everybody who makes money in the businesses, works in the business.
A corporation on the other hand is owned usually 49% by stockholders who do not work for the company. They put their money in stocks and expect perpetual profits, or else they bail out.
Unlike a small business, the corporation has to show more profits each and every quarter, so the corporation has to grow and grow and grow and grow and grow and grow in perpetuity. Of course this is a closed system so it can't grow forever.
So what is the corporation to do? A few things come to mind (in no particular order). Feel free to add your own.
- Make products that have a short life before needing replacement. There is no incentive to sell you something that isn't going to end up in the landfill or the ocean soon.
- Make the products disposable at the end of their life. If it can be repaired, there is no reason to buy a new one soon enough to keep the stocks growing.
- For major purchases like cars that have a shelf life of a few years, put in all kinds of 'whistles and bells' to break and need parts. Give these parts a shorter shelf life so the end user has to buy another part. Do we need half the gadgets on our cars? Power door locks? Push button on the fob door or trunk openers/closers? Power windows? (Is that crank that hard to turn). And so on.
- Make repair parts that are disposable. Air cleaners that can't be cleaned, a disposable water filter that can't be cleaned on my house water well, toner that can't be refilled on my laser printer without buying a new drum and mechanism, vacuum bags that need to be replaced instead of dumped out and reused like my parents did, and so on.
- Get government subsidies, price supports, tax breaks, and anything else to keep the prices up and put the tax burden on the consumer
- Get the government to buy the excess production and charge the taxpayer
- Have a perpetual war so the taxpayer has to buy bullets, missiles, bombs and other gear that can only be used once and then needs to be replaced (We've been constantly in war since WWII - Korea, Nam, Gulf, Afghan, ISIS, etc.). We the people buy a lot of bullets and bombs.
- Create artificial shopping holidays, Black Friday, Cyber Monday, Prime Day, Cyber Monday, and so on
- Sell packaging. At one time you returned the milk, beer, soda and other bottles, collected the deposit, and bought another. Now every time you buy a bottle of milk, soda, beer or whatever, you buy a plastic bottle. You pay for that bottle. You don't need that bottle you bought, so it's trashed or put in a recycle bin, which MIGHT get it recycled if it's in the lucky minority.
- For computers, software, and phones, perpetual updates. Do we really need to upgrade every year? And when people finally figured that out they went with subscriptions or give it free and use it to spy on you and sell to advertisers (like Google, Microsoft and Apple).
- Increase population - the more customers we have, the more widgets we can sell and until the population boom crashes, we can grow and grow and grow and grow. But how? One example: Back in the 1960s we had a big zero population growth (ZPG) movement. It was working and that worried the big corporations so they used the media. Almost every advertisement, ever woman in a situation comedy, every woman in a drama started telling their husbands, "My biological clock is ticking" meaning they better have a baby or another baby. An instead of one or two babies, they had 3 or4 because they forgot all about ZPG and babies were in style. That's back when there were fewer than 3 billion people on the planet.
When I worked as an engineer for a manufacturer of Cable TV equipment, the General Manager told us that every business was looking for a Chiclets item. Like the gum, to be chewed up, disposed of quickly, and replaced. He asked us all for suggestions and would give a reward if we could come up with something. It didn't work for CATV gear.
I don't think the technology in itself is killing us. The greed and need for perpetual growth drives technology to generate profits instead of improving our lives.
The urge to grow and grow and grow makes us like an algae bloom in a pond. The Earth is our pond, and our reproduction and consumption rate is slower, but we are presently headed to the same end.
At least I think that is the major part of our problems today.
Karl Marx was right about capitalism, he was just completely wrong about his solution (it wasn't any better and in many cases worse).
Bob