Youd think the revelation that the CIA planned to assassinate an award-winning journalist for journalistic activity would have been a bigger deal.
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Capitalism hinders progress because it ensures that all mass-scale human behavior will be driven by the pursuit of profit. For example, a huge global issue we have right now is cleaning up the pollution in our oceans. That is an easily solved issue if you take out the profit motive; you dont wait for market forces to find some way to make it profitable, you just get in there and clean it up. But with the profit motive its almost impossible to conceive of it ever being solved.
How often have you been excited by a great idea only to feel that familiar disappointment wash over you as you realize that it will never happen because it wont make anyone any money? Thats how the profit motive stunts innovation.
The profit motive will never find a way to leave a forest alone or minerals in the ground. Theres no business plan that makes money out of moms being paid to bring up healthy, happy, secure children. You cant find a way to make money out of people driving less or buying less. There is no money in curing an illness, only treating it. There is no money in solving poverty, only in setting up a multi-million dollar charity that never actually intends to solve poverty because its a business and a business requires endless expansion.
People who proffer the market as a solution to our massive problems have either never really thought about the restrictions of the profit motive, or they are heavily invested in pretending those restrictions dont exist. I dont respect either of those positions.
The corporations are the government. If you didnt believe it before, believe it now that human rights lawyer Steven Donziger has effectively been sentenced to six months in prison by Chevron itself.