cryptoleft

I like pleasure spiked with blockchain and music is my aeroplane. It's my aeroplane. @pizzadao underboss & /politics contributor. Featured in "Number Go Up"

There's this weird strawman version of capitalism used by Marx that many still cling to, and which seems to have completely ruined any discussions around financial incentives.

For some reason it irritates me a lot when people argue about a word, but they have completely different definitions of the word 😅

"Greed" and "capitalism" are not synonymous. Capitalist mechanisms can (and should!) exist without greed as a primary driver. Marx was absolutely correct in calling out capitalism as being easily co-opted by the greedy, but when the word capitalism is used as a stand-in for the word greed, it really just makes the conversation more confusing and difficult.

The word "capitalism" is now broken and useless and IMO people should stop using it, unless they very explicitly define it first.

Humans are greedy by nature and capitalism facilitates unbridled greed.

I'm not sure I can agree about it being a mental illness per se, but it does have something to do with scarcity.

Strong disagree here that humans are "greedy by nature". Greed is a mental illness, and often a symptom of harsh scarcity. In my experience greed can always be linked back to some trauma.

The main shitty thing about capitalism IMO is it can disproportionately empower greedy people. Acknowledgment of that, and compensation controls were described even back in Wealth of Nations, though there have obviously been many situations where capitalism spins out of control and the systems designed to keep it in place have been compromised by the greedy shitheads themselves.

Creator of the Corrective Fitness protocol, A Focus in Marketing and Microbiology
Building /nomad-elite a digital nomad resort in Costa Rica

Non profit status only needs to have higher expenses than revenue.

Massive companies like Seton Ascension will use their non-profit status to acquire smaller facilities, pay their board hundreds of millions, and expand their medical facilities all injured to maintain non-profit. 

The non-profit allows them luxuries that for profit companies do not receive like tax brakes and less inquiries on unfair practices. Which is why their employee’s make well below the average pay rate for their profession.

They took our twins the moment they were born, put them in the NICU for a month, only because they were born early. They performed no tests, only had them in a infant bed. Nothing special and charged us $750,000 for babysitting.

It’s corrupt because they don’t have to answer to anyone. Lawyers won’t touch the non-profit case because of the red tape. For profit corporations are easier to sue or control because they aren’t protected.

Capitalism naturally leads to tragedy of the commons, which is why Earth cannot sustain a capitalist system.

Also, how have non profits destroyed the healthcare system?

Any system facilitates unbridled greed. 
Religion, politics and even non profits. Non-profits have created a safe haven from taxes and destroyed the American medical system.

We cannot look at capitalism as a lever for greed. It is just another tool that can facilitate anything you want to accomplish in life.

This is what it means to use a tool. You want virtuous actions at scale? Capitalism can do that. You want to feed the poverty stricken? Capitalism can do that.

Tools should not be blamed because of the user.