Capitalism the Lust for Making Maximum Profit Out of Production

  November 22, 2020   Read time 2 min
Capitalism the Lust for Making Maximum Profit Out of Production
The idea of maximum profit has its origin in carnal lust and it leads the capitalist project. Capitalism destroyed many societies in order to satisfy the minorities through dehumanization of a major number of the wretched in the world. Capitalism is a project drawn upon the western exceptionalism.

As soon as the first capitalists appeared in European society, an incentive was created for further development through the attitude of this class. Never before in any human society had a group of people seen themselves consciously functioning in order to make the maximum profit out of production. To fulfill their objective of acquiring more and more capital, capitalists took a greater interest in the laws of science which could be harnessed in the form of machinery to work and make profit on their behalf. At the political level, capitalism was also responsible for most of the features which today are referred to as ‘Western Democracy’. In abolishing feudalism, the capitalists insisted on parliaments, constitutions, freedom of the press, etc. These too can be considered as development. However the peasants and workers of Europe (and eventually the inhabitants of the whole world) paid a huge price so that the capitalists could make their profits from the human labour that always lies behind the machines. That contradicts other facets of development, especially viewed from the standpoint of those who suffered and still suffer to make capitalist achievements possible. This latter group are the majority of mankind. To advance, they must overthrow capitalism; and that is why at the moment capitalism stands in the path of further human social development. To put it another way, the social (class) relations of capitalism are now outmoded, just as slave and feudal relations became outmoded in their time.There was a period when the capitalist system increased the well-being of significant numbers of people as a by-product of seeking out profits for a few, but today the quest for profits comes into sharp conflict with people’s demands that their material and social needs should be fulfilled. The capitalist or bourgeois class is no longer capable of guiding the uninhibited development of science and technology again because these objectives now clash with the profit motive. Capitalism has proved incapable of transcending fundamental weaknesses such as underutilization of productive capacity, the persistence of a permanent sector of unemployed, and periodic economic crises related to the concept of ‘market’ – which is concerned with people’s ability to pay rather than their need for commodities (Source: How Europe Underdeveloped Africa).