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Reply #90: I don't understand the natural-rights justification for the existence of capitalists, [View All]

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themadstork Donating Member (797 posts) Send PM | Profile | Ignore Sun Nov-06-11 04:20 AM
Response to Original message
90. I don't understand the natural-rights justification for the existence of capitalists,
Edited on Sun Nov-06-11 04:45 AM by themadstork
except insofar as there isn't any, and it's just this thing that we do.

ugh - premature submit, hold on

frex. There Will Be Blood is on the tube right now, and early on the capitalist character is pressuring the Sunday family into selling their land to him at "quail prices." They get into a spat while negotiating and he challenges the Sundays with something like "Do you know anyone else that can drill? That can get the oil out of the land?"

And more and more I don't see how that kind of situation is acceptable, either morally or practically. Oil comes from the earth and as such no one person has a special claim to or dominion over it. Special dominion over the modes of extraction just seems like a technical way of upending any natural-rights claim to resources held in common.

Basically I don't see why wage-pay or capital-concentration is a thing that can be justified on any basis other than "because the law says so." Owning the tools of extraction would naturally seem to allow for an extractor's fee, and that's fine. What is it about the holding of capital that says it must be held by a very few people, and why can't the fruits of commonly held resources be shared in ways more direct than wage pay?

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