In arguments for universal healthcare, the speaker usually points towards something like human dignity. Which is important, and you should also care about it. (Read Kant's Ethics, or some other moral system, if you don't know why.) But alas, cynicism is eating the world, so I speak the words of money.
When a human is born, they are stupid. Most babies can't even speak properly; they just start screaming, and you have to guess what they need. But as they age, they start to learn. Through a technology called society, they are educated on languages, on tools, and on how to reproduce the technology called society. At some point, they will be so... (read 657 more words →)
Ratio of profits
Marx's theory of capital was focused on the ratio of profits, not on their mass. Attacking it by saying we have so much good under capitalism does not disprove the theory, because it is simply a statement about the mass of goods.
Marx said that under capitalism companies maximise profitrate. (Not profit!) Suppose there are two strategies:
Strategy A will win, because it will give 1.5 dollars for each dollar of investment, while strategy B only nets 1 dollar for each dollar. The mass of profits... (read more)