The Unspoken Premise of Capitalism
The belief that capitalism will be able to carry us into the future is entirely faith-based and premised upon many unknowns and absurdities
From Caitlin Johnstone:
The unspoken premise of capitalism is that the world will be saved by sociopathic tech plutocrats like Elon Musk. The idea is to just continue the plan of infinite growth on a finite world until hopefully some tech company produces technology that makes such growth sustainable in a way that both (A) benefits everybody and (B) turns billionaires into trillionaires.
This is, of course, a fantasy. As long as mass-scale human behavior is driven by the pursuit of profit, you're going to see the interests of humanity and the ecosystem subverted by that pursuit. The belief that capitalism will rescue us from the ecological disasters it creates assumes that the blind pursuit of profit for its own sake will somehow possess the wisdom necessary to preserve the delicate ecosystemic context upon which human life depends while also ensuring that we all have a decent quality of life (as long as we work hard enough, of course).
This is a religious belief. It's blind faith dogma, based on literally nothing other than one's desire to believe it. It ascribes a wisdom to the "invisible hand of the market" that is tantamount to claiming that capitalism is being steered by God. It's something people want to believe because the alternative is falling back on some form of socialist system to ensure our survival on this planet, which we in the west have been indoctrinated into reflexively dismissing.
Market forces are not guided by wisdom, they are guided by greed and fear, and by the unresolved early childhood trauma of the Musks and Theils and Bezoses of this world. Capitalism is a great way to guarantee more production and consumption, but it is completely useless for curbing ecocide and restoring planetary health.
As long as ecocide remains profitable under a system where mass-scale human behavior is driven by profit, ecocide will inevitably continue. What we need, then, is a completely different system. One where we move from competing with each other at the expense of our biosphere to collaborating with each other and with our ecosystem. Collaboration-based systems are inherently incompatible with the competition-based ones we live under today — but they are also the only way we are going to be able to continue living on this planet.
And proponents of capitalism might here say "Aha! That's what you are missing! We're NOT going to continue living on this planet! Daddy Elon's going to take us all to Mars!"
But that's kinda my whole point here. This is a baseless religious belief. Proponents of capitalism rely on the entirely faith-based belief that technological innovations will soon make it possible for limitless space colonization to occur, thereby enabling the infinite expansion upon which capitalism depends.
But there is no scientific evidence that humans will ever be able to live outside the biosphere from which we emerged. The closest we've ever gotten are these glorified scuba excursions wherein astronauts pack up pieces of Earth's biosphere and suck on them for a while before returning to their planet's surface. Assuming this means we can colonize space and live permanently completely independent of Earth's biosphere is the same as assuming you can one day flap your arms hard enough to fly into the clouds just because you are able to jump.
The assumption of space colonization as a reality in our future arises not from science but from the egoic delusion which pervades human consciousness that we are much more separate from our world than we actually are. The human organism is no more separate from its biosphere than a ripple in a teacup is from the tea. Assuming we can just pack up our bodies and permanently move them offworld is like assuming you can take a single ripple in a teacup and transport it into another cup of tea in a country across the ocean.
Science simply does not understand the many different ways in which the human organism is interconnected with Earth's biosphere, and isn't anywhere close to understanding it. Even if it is technically possible to someday have us survive on another planet (or in floating space cylinders as per Jeff Bezos's plan) — and again it is a complete article of faith that such a thing is even possible — we have no reason to assume that we'll be able to attain this goal fast enough to avert ecological disaster here on Earth. The technology to adequately replicate our planet's living conditions to make human life and reproduction sustainable in the long term could be many centuries off, by which time capitalism will have long ago devoured the face off of this world.
So the belief that capitalism will be able to carry us into the future is entirely faith-based and premised upon many unknowns and absurdities. We can keep clinging to those baseless superstitions hoping our evidence-free gamble eventually pays off so we never have to change ourselves, or we can move into a mature relationship with reality and start building something different together.