Friday, July 20, 2018

What Brilliance!


Capitalism is alive and well, Gerry Caplan writes, thanks to kids:

I've been stressed worrying that all those little kids stolen by Donald Trump's goons from their parents at the U.S.-Mexico border were throwing a wrench into American capitalism. Don't be silly. Capitalism abides, Dude.
Government payments for shelters and other child welfare services for those children cost $958 million last year, and counting. "The recipients of the money run the gamut from nonprofits, religious organizations and for-profit entities," says the article. But even a non-profit like Southwest Key Programs owns another company that is itself a for-profit holding company "made up of several businesses," according to its annual report. These separated infants and toddlers may be traumatized for life, but they're great for business.
It's somehow reassuring in a tumultuous world to learn that capitalism is still alive and well. With so many despicable villains abounding everywhere, some wondered where simple, cruel, exploitative capitalism might have slithered to. In fact, thanks to kids everywhere, it's thriving.

Want another example.? Look at Big Tobacco:

True, the tobacco companies need help figuring out how to sell more cigarettes. In the western world, smoking has finally become the thing not to do, after generations of gullible kids were persuaded they were cool by lighting up. I was once one of them, and my ancient throat and lungs still pay the price every day.
Luckily, the underdeveloped world has once again come to the rescue of western capitalists, this time the tobacco titans. There they are, blasting young people  with massive advertising campaigns to make smoking hip, like the ones that worked their deadly wiles on the west for so long. These canny entrepreneurs are making sure that millions of poor people around the world will dramatically increase their chance of getting extremely sick and dying early in excruciating pain.
According to sources such as the U.S. Department of Labour and Human Rights Watch, somewhere around 20 countries have children as young as 13 working in their tobacco fields. Naturally, those who made their living denying that tobacco is addictive and deadly have no trouble denying the proved existence of child labour.

And then there is the case of Nestle, which is trying to stamp out breastfeeding:

Nestle is the world's largest food and beverage company in an industry worth a cool $70 billion, and as its very own website reassures us, it's "Committed to enhancing quality of life and contributing to a healthier future."

The facts tell a different story: "smoking causes 6 million deaths a year, while 800,000 children's deaths could be prevented annually with breastfeeding."

Each time capitalism comes under attack, it seeks out and finds a new population of vulnerables.

What brilliance!

Image: Nascent Solutions

4 comments:

Rural said...

Money trumps all, Owen. (pun intended)

Owen Gray said...

It really is ironic, Rural. The man's name speaks for itself. And it speaks volumes.

Lorne said...

I remember seeing a documentary years ago on the unscrupulous world of Big Tobacco, Owen. One of Philip Morris' big sources of profit was The Philippines. When that country started a campaign educating people on the dangers of tobacco, profits began to slide, at which point the U.S. government stepped in and threatened The Philippines with crippling trade sanctions. Needless to say, that country's campaign (or in today's argot, its 'war on smokers') ended.

Isn't unfettered capitalism wonderful?

Owen Gray said...

Yes, Lorne. Everything it does is for the people -- particularly the little people.