"Capitalism drives people mad"

I don’t recognize much of what the OP interview lays out in the world.

Capitalism is inarguably the best system we have ever used to help lift people out of suffering, poverty and abject misery generally. The world outside the West is doing worse, and that is also, at least a side effect of, capitalism. However, conceptually, capitalism should be covering the entire world. It need not shut out any nations. And that’s the long tail of colonialism. Not capitalism.

People go mad under communist/socialist agendas and have done across history. It seems the sure-est fire way to install a shitty leadership who lie, cheat and steal out in the open to the detriment of their national security and prosperity.

Other than these things, I simply see absolutely no possible way any other system will work for groups biggest than about 1 million. If its the best we’ve gone, we may well might want to stop looking for holes in the boat in order to ask for a new one, and just plug them adequately.

@woof

A few thoughts:

First, “Capitalism” is not a single mechanism; it’s an enormously complex set of institutions, incentives, cultural habits, legal frameworks, and emergent dynamics. Saying capitalism causes madness is a bit like saying “society causes crime.” It gestures at something real but doesn’t tell you what, specifically, is doing the damage, or what would count as fixing it.

Second, Phillips slides between two very different claims. One claim is empirical: that certain social arrangements produce more suffering than alternatives would. That’s testable, at least in principle, and I’m broadly sympathetic to it. The other claim is normative: that this suffering constitutes a “political catastrophe” over-and-above the ordinary friction of just being alive. But that doesn’t follow from the empirical observation alone. What’s missing is an account of what human flourishing actually requires. As it stands, Phillips just assumes that collaboration is better than competition, which may well be true, but it needs argument, not assertion.

Third, there’s an implicit assumption that political solutions are the right response to what are, at bottom, problems of meaning. Phillips says “we need political solutions, and the mental health problems are symptoms of a political catastrophe.” But why assume that? Some of the deepest sources of human suffering — the fear of death, the difficulty of sustaining love, the gap between aspiration and reality, the sheer bewilderment of existing at all — aren’t political in any straightforward sense. They predate capitalism, they show up under every economic system, and it’s far from clear that any amount of structural reform would eliminate them. Phillips’ framing risks generating a kind of utopian expectation: fix the politics, fix the suffering. And when the suffering persists (as it will), the result is either cynicism or the search for yet another structural villain.

That’s not to deny that capitalism has its problems. But I think the more honest diagnosis is that human beings are vulnerable to (often self-imposed) suffering at every level — personal, cultural, political, economic — and that no single explanatory key unlocks the whole problem.

So does it fit with my experience? Partially. I recognise the patterns Phillips describes — the exhaustion, the envy, the sense that life is an endless audition. But I also think he’s flattering a certain audience by telling them their unhappiness is entirely someone else’s fault, and that seems to me like its own kind of avoidance.

No. I don’t really have a philosophical response to this so I apologise, but you’re asking about personal experience.

I like and appreciate the period I’m living in and wouldn’t want to live at any other time. I live in the privileged West, in a big city, and things are mostly good. That’s not the same thing as saying the world is perfect. It never is.

But we are living in a time when people are super quick to catastrophise and see hopelessness and an apocalypse around every corner: AI, climate change, dictatorship, pandemics, pollution, cancer, and so on.

Of course a person’s situation and location are critical. If you are disadvantaged and living in a country with no welfare safety net, or an active war, then no doubt your experience will be unhappy. But this has always been true. A blue collar worker in 1880s London often lived a kind of impecunious misery we can hardly imagine today. (Read Peter Ackroyd’s biography of Dickens)

I’m no fan of untrammelled capitalism or corporate power, and there are changes we need to make there. I have no answers for this. The greatest gift the status quo has is the belief that everything is hopeless and that we can’t change anything.

That said, we know it’s very easy today to get caught up in social media bubbles and in subcultures of implacable acquisitiveness and paranoia, and to go a bit crazy if you allow it. No doubt some people do this (and I remember the 1980s were a horrendous time of competition and neoliberal excess even without algorithms), but you don’t have to participate. I don’t see much of this in my world.

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