capitalism
context: why does it make me cringe? why does sales make me cringe?
why did I feel for a while that I don’t want to get caught up in the career ladder?
why do I judge people who chase money or fame?
what should truly motivate us at work
In a perfect world, when it came to choosing an occupation, we would have only two priorities in mind:
– to find a job that we enjoyed
– to find a job that paid us enough to cover reasonable material needs
But in order to think so freely, we would have to be emotionally balanced in a way that few of us are. In reality, when it comes to choosing an occupation, we tend to be haunted by three additional priorities. We need:
– to find a job that will pay not just enough to cover reasonable material expenses but a lot more besides, enough to impress other people – even other people we don’t like very much.
– we crave to find a job that will allow us not to be at the mercy of other people, whom we may deep down fear and distrust.
– and we hope for a job that will make us well known, esteemed, honoured and perhaps famous, so that we will never again have to feel small or neglected.
reforming capitalism
The system we know as Capitalism is both wondrously productive and hugely problematic. On the downside, capitalism promotes excessive inequality; it valorises immediate returns over long-term benefits; it addicts us to unnecessary products and it encourages excessive consumption of the world’s resources with potentially disastrous consequences – and that’s just a start. We are now deeply familiar with what can go wrong with Capitalism. But that is no reason to stop dreaming about some of the ways in which Capitalism could one day operate in a Utopian future.
What we want to see is the rise of other – equally important – figures that report on a regular basis on elements of psychological and sociological life and which could form part of the consciousness of thoughtful and serious people. When we measure things – and give the figures a regular public airing – we start the long process of collectively doing something about them.
The man is indeed employed, but in truth, he belongs to a large subsection of those in work we might term the ‘misemployed’. His labour is generating capital, but it is making no contribution to human welfare and flourishing. He is joined in the misemployment ranks by people who make cigarettes, addictive but sterile television shows, badly designed condos, ill-fitting and shoddy clothes, deceptive advertisements, artery-clogging biscuits and highly-sugared drinks (however delicious).
We intuitively recognise it when we think of work as ‘just a job’; when we sense that far too much of our time, effort and intelligence is spent on meetings that resolve little, on chivying people to sign up for products that – in our heart of hearts we don’t admire.
Fortunately, there are real solutions to bringing down the rate of misemployment. The trick isn’t just to stimulate demand per se, the trick is to stimulate the right demand: to excite people to buy the constituents of true satisfaction, and therefore to give individuals and businesses a chance to direct their labour, and make profits, in meaningful areas of the economy.
This is precisely what needs to be changed – and urgently. Society should do a systematic deal with capitalists: it should give them the honour and love they so badly crave in exchange for treating their workers as human beings, not abusing customers and properly looking after the planet. A standard test should be drawn up to measure the societal good generated by companies (many such schemes already exist in nascent form), on the basis of which capitalists should then be given extraordinarily prestigious titles by their nations in ceremonies with the grandeur and thrill of film premieres or sporting finales.
There’s no shortage: we need help in forming cohesive, interesting communities. We need help in bringing up children. We need help in calming down at key moments (the cost of our high anxiety and rage is appalling in aggregate). We require immense assistance in discovering our real talents in the workplace and understanding where we can best deploy them (a service in this area would matter a great deal more to us than pizza delivery). We have unfulfilled aesthetic desires. Elegant town centres, charming high streets and sweet villages are in desperately short supply and are therefore absurdly expensive – just as, prior to Henry Ford, cars existed but were very rare and only for the very rich.
But we know the direction we need to head to: we need the drive and inventiveness of Capitalism to tackle the higher, deeper problems of life. This will offer an exit from the failings and misery that attend Capitalism today. In a nutshell, the problem is that we waste resources on unimportant things. And we are wasteful, ultimately, because we lack self-knowledge, because we are using consumption merely to divert or quieten anxieties or in a vain search for status and belonging.
If we could just address our deeper needs more directly, our materialism would be refined and restrained, our work would be more meaningful and our profits would be more honourable. That’s the ideal future of Capitalism.
In the Utopia, businesses would of course have to be profitable. But the success of a business would primarily be assessed in terms of its contribution to the collective good.
On changing the world
the only way to bring about real change is to act through competing institutions. Revolutions in consciousness cannot be made lasting and effective until legions of people start to work together in concert for a common aim and, rather than relying on the intermittent pronouncements of mountain-top prophets, begin the unglamorous and deeply boring task of wrestling with issues of law, money, long-term mass communication, advocacy and administration.
Our collective ideal of the free thinker is that of someone living beyond the confines of any system, disdainful of ‘boring things’, cut off from practical affairs and privately perhaps rather proud of being unable even to read a balance sheet. It’s a fatally romantic recipe for keeping the status quo unchanged.
We have to make what we already know very well more effective out there. The urgent question is how to ally the very many good ideas which currently slumber in the recesses of intellectual life with proper organisational tools that actually stand a chance of giving them real impact in the world. From a completely secular starting point, it can be worth studying religions to learn how to alter behaviour.
This is what religions have, for their part, excelled at doing. They’ve realised that if you put down an important idea on paper in somewhat pedestrian prose, it won’t have any lasting or mass impact. They’ve therefore, over their history, engaged the most skilled artists to wrap their ideas in the coating of beauty. They have asked Bach and Mozart to put the ideas to music, they have asked Titian and Botticelli to give the ideas a visual form, they’ve asked the best fashion designers to make nice looking clothes and they’ve asked the best architects to design the most impressive and moving buildings to give the ideas heft and permanence.
We should use the history of religion to inform us about the role of repetition, ritual and beauty in the name of changing how things are.
There is a great deal of large-scale ambition in the world, but all the largest corporate entities are focused on servicing basic needs: the mechanics of communication, inexpensive things to eat, energy so we can move about. While our higher needs – for love, beauty, wisdom – have no comparable provision. The drive to grandeur is missing just where we need it most.
Good business
So, inevitably, businesses will evolve to profit from their wishes. Capitalism has not traditionally been interested in whether these are sensible, admirable or worthy desires. Its aim is neutral: to make money from supplying whatever people happen to be willing to pay for.
Philosophy, by contrast, has long recognised a crucial distinction between desires and needs:
A desire is whatever you feel you want at the moment.
A need is for something that serves your long-term well being.
And it’s our needs that are required for a satisfying, fulfilled life (which Plato, Aristotle and others call a life marked by eudaimonia).
Capitalism goes wrong when it exploits this cognitive flaw: large numbers of businesses sell us stuff that we desire but which (in all honesty) we don’t need. On longer, calmer reflection we’d realise those things don’t actually help us to live well.
Sadly, it’s easier to generate profits from desires than from needs. You can make much more money selling bad ice cream than by marketing Plato’s dialogues.
In a utopia, good businesses should be defined not simply by whether they are profitable or not; but by what they make their profit from. Only businesses that satisfy true needs are moral.
Good capitalism requires that we address two, core educational needs. Getting us to focus on what we really need, what the real challenges in our lives are. And getting us to focus on the value of particular goods in relation to our needs: that is, how do these particular purchases help with eudaimonia?
So, in search of a better economy, we should direct our attention not simply to shopping centres and financial institutions, but to schools and universities and the media. The shape that an economy has ultimately reflects the educated insights of its consumers. When people say they hate consumerism, what they often mean is that they are dismayed at peoples’ preferences. The fault, then, lies not so much with consumption as with the preferences. Education transforms preferences not by making us do what someone else tells us. But by giving us the capacities and skills to understand more clearly what we genuinely do want and what sort of goods and services will best help us.
tbc













