During the trial it was revealed that McDonald’s knew that heating their coffee to this temperature would be dangerous, but they did it anyways because it would save them money. When you serve coffee that is too hot to drink, it will take much longer for a person to drink their coffee, which means that McDonald’s will not have to give out as many free refills of coffee. This policy by the fast food chain is the reason the jury awarded $2.7 million dollars in punitive damages in the McDonald’s hot coffee case. Punitive damages are meant to punish the defendant for their inappropriate business practice.
This has little to do with capitalism, capitalism doesn’t dictate that the more powerful smear the weaker into submission and autocracies around the world show that it doesn’t need capitalism for the powerful to suppress the weak. This was a failure of the justice system. They could’ve ordered McDonalds to spend as much money as they spent on smearing the lady to fully admit guilt and apologize. It is the justice system that failed.
It’s literally capitalism. It’s not “smearing the weak”, it’s a company spending money to potentially save money later, regardless of the consequence to anyone else. That’s the point.
Edit: lol I got blocked. Weak as piss.
TIL USSR was capitalist. /s.
No, trying to do more with less is not capitalism. It’s material reality.
It’s power being the only criterion, which means there’s no working fallback criterion. There should be at least one (which is where left libertarians are), or the structure of power should be different (which is where right libertarians are). Neither thing can be made fact to full extent, which is why we need both.
Which is why I am a distributist.
It might not be a DIRECT result of capitalism, but guess what screwed up the “justice” system? Underregulated capitalism!
It’s specifically designed to work for the rich and powerful and against everyone else, because that’s who make the laws and keep the lawmakers in somehow legal bribes.
Capitalism didn’t screw up the justice system, the justice system failed to be impartial. It failed just as much in the USSR. Western european nations also have capitalism and they are far better off than the US is. It is not capitalism that is to blame that bribery is all but legal in the US.
A lot of people around here say “capitalism” when they mean something more like “the Kali Yūga”, “this fallen world, this vale of tears”, “the age in which the Tao is lost”, or “this age of muck and clay, in which we are lesser than our fathers of iron, who were lesser than their grandfathers of silver, who were lesser still than the ancients of gold.”
The folks who speak this way, if you asked them, “Was there any wrongdoing in the world before the first stock certificate was issued?”, would say “Of course there was!”
If you asked them, “Did pre-capitalist kings or judges ever favor the unjust over the just because the unjust gave them riches?”, they would say “Yes, they did!”
If you asked them, “In ancient times, were there rich and well-fed tribes, and poor and starveling tribes, and did the richer tribes lord over the poorer ones?”, they would say “Certainly.”
Which all goes to show, at some level they do know they’re not really talking about “capitalism” in the economic or historical sense. They’re not talking about an economic structure or a stage of Marxist history. They’re taking about wickedness, graft, injustice, abuse of power – things which are much, much older than capitalism.
They’re merely using their favorite snarl word instead of just saying “evil”.
But capitalism specifically favors the greedy and individualistic. It’s no surprise that if you base your society on capitalism, people will get more greedy.
On top of that, capitalism enables some uniquely capitalistic evils, such as commodity fetishism and alienation.
Also, some consider capitalism inherently unjust, making it an evil in its own right.
And why do we blame capitalism instead of generic “evil”?
Because capitalism is the system that actively promotes it and is in every facet of our lives.
It’s greed not evil.
Murdering a baby is evil, letting millions starve to death is business.
Okay, maybe you really do think kings and warlords were more virtuous than shareholders or CEOs. Alas, it was not that way. They were buttholes too. Buttholery is not controlled by the economic system of the day.
Capitalism opens an avenue for greed to be used for the benefit of the many, whereas any other form of resource distribution has no place for greed and as such no place for the greedy. At that point it becomes the same kind of discussion as the prohibition discussion. Do you ban it or do you allow and regulate it. Banning greed won’t make it go away, it will only force it into hiding and to undermine the current system. Capitalism forces greed to the surface, at which point people can have a discussion about how much greed should be permitted.
Ok, and we still create laws to combat it. I don’t think “evil always existed, so let’s not have the FDA because it’s not that we’re protecting citizens from bad food, but simply from evil.”
This is such a weird “I’m 14 and this is deep” take.
Of course it needs laws to curtail the worst of the impacts capitalism has. Capitalism is a system that distributes a finite amount of resources between demand that outstrips supply. It doesn’t concern itself dishonest actors, that is what the judicial system is for. McDonalds was such a dishonest actor and that they got away with it is a failure of the judicial system.
