Page 23 - Msingi Afrika Magazine Issue 28
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Community


               economic growth is the supreme good, or at

               least a proxy for the supreme good because
               justice, freedom and even happiness all
               depend on economic growth.” For this reason,
               the worth of life is defined by how much
               capital one possesses.


               Upon making capitalism a principle of

               life, we have made all else dependent. For
               instance, a scientist who wants to improve
               human life can only get funding by the
               amount of profit s/he could bring the sponsor.
               The donation for universities and generally
               for education depends on the profitability of
               the field of study. For instance, the medical    greed of the capitalist. During the industrial
               field is funded more because it generates        revolution, the machines were made to
               more money, and not because it saves             make life simple, despite the consequence.

               more lives. The money spent on medical           Currently, more and more technologies focus
               researches goes to those who work on drugs       on producing gadgets that serve as toys and
               that make life pleasurable than those who try    make people lazy.
               to save lives. There is more investment for
               cosmetics than there is for curing diseases.     This is just the tip of the iceberg. The terrible
               The principle of capitalism dictates that profit   historical facts surrounding privatization
               or capital must increase. A fresh graduate in    and deregulation are other manifestations

               Chemistry prefers to work for a beer or fast     of capitalism. I have only shown the basic
               food company than for a low funded medical       problem of capitalism but promise to return
               institution that fights cancer or diabetes. This   to this issue of privatization in the near
               is also why the company causing air pollution    future. This is not an attack on capitalism as
               has more lobbyists working for it than does      an economic principle, it is rather an attack
               the environmental institution fighting against   on its failure when applied to issues that
               pollution.                                       require moral and ethical principles. When

                                                                people desperately need humanitarian relief,
               The same principle of capitalism works           the system or government should not let

               in agriculture and innovation. There is an       capitalists take over. It is difficult to accept a
               increasing number of cash crop producers         person who uses another’s misery to profit by
               and flower exporters in developing countries     simply saying ‘this is how capitalism works!’
               while these countries suffer from food           After all, capital and profit are means to
               insecurity. In Ethiopia too, more farmers        human ends; they are not the ultimate goal of
               have begun producing Khat instead of             life.
               vegetables because it yields more profit. The

               tech industry also focuses on satisfying the




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