Socyberty > Economics

The Parasitic Capitalist

Labor and capital – these are two of the competing forces in any industry, the factors that are keeping the wheels of economy rolling.

The relationship between the two has been under scrutiny especially during and after the Industrialization Period (in the continents of America and Europe). The relationship cannot be said to be friendly, as the two seem to be always in constant tension.

Karl Marx in the end began to have materials for his philosophizing work. He stood for the labor - which to his estimation was being exploited by the capital. He cheered for the proletariat, and despised the capitalist. He predicted the triumph of the working class (read: labor) and vouched for the downfall of the capitalists. He told about the inversion of the “order” - this time, the toilers will lord it over the moneyed.

So much for the ideology… We get back to real and present life situation.

While much has already improved in terms of alleviating the plight of the workers, there is still much to do to put it at least in par with the pedestal of the capital. Actually, to date, the capital is still parasitic in its stance towards the labor.

The analogy proves to be extra applicable. Parasitism is about a relationship between two organisms - a host and a parasite. A host is always bigger than a parasite, but the parasite is always ending up in this symbiosis at the receiving end after it inflicts reduction of the host's capacity, pathology or impairment to the host, and even host's behavioral modification. For parasites exploit their host for food, shelter and even dispersal.

Between capital and labor, labor proves to comprise the ground on which the capital - tiny section as it is of the entire economy - stands. But because the over-all system is favorable to it, then capital is able to exploit its host. And unless the relation between the two is improved, the capital will almost and always exploit the labor.

When is the relationship improved? In what occasions can capital not parasitic to labor?

In actual management, it is always expected that capital - to promote and pursue its interests - would squeeze all the juice out of the labor. And, expectedly, the labor would oblige. For it is for this that it exists -- at least, as created by the system.

But what the capital fails to grasp is the fact that the labor also needs to be replenished. Should the capital keeps on squeezing the bodily fluid of the labor, the result is the demise of the workers.

Unjustifiably, the capital concerns itself only with its own interest…

And even a degree or graduate study on management can make the capital transcend its narcissism and realize that should the labor turn against it the capitalist agenda will surely suffer.

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Comments (4)
#1 by marion suarez, Oct 16, 2008
can i tell you a secret?
(communism will win!)
#2 by Moron Savant, Oct 16, 2008
how i wish!!!!
#3 by marion suarez, Oct 17, 2008
I am an american-born but of filipino parents and i witnessed the difference of growing up in these two countries--one is the master and the other is the servant. but i can say im proud to be brown and been involved in political organizations wayback home. Now, the crisis is everywhere and this is a global phenomenon. Where people lived and died for that grand future that's been on its way long before I was born, there shall I be. and i am with you in that great perspective. rage against capitalism!
#4 by Moron Savant, Oct 17, 2008
Mabuhay ang Pilipinas!!!!
An ironic twist that I came to know about in this period of crisis was when China was called upon to do its share to salvage whatever there is left in US market. Of course, China is now known as the fourth largest global economy. But China is -- still! -- of communistic identity.
See, a communistic-socialistic country to save the largest capitalistic market!!!!
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