By Ashley Riley
When we talk about capitalism, we ought to know it is a very long process to understand. Moreover, it’s effects are huge and easily seen by anyone all around the world. To figure out those negative effects we should analyze it in many ways. Because capitalism had come with many impacts, we should seperate that in some main umbrella terms such as economic effects, cultural effects, global effects, mental effects and so on. Despite many of the people in the world think that capitalism is a useful and good thing in a range of ways, it has many negative effects. I will talk about the three negative effects of capitalism on the world in terms of mental health, culture and economy.
The negative effects of capitalism in terms of mental health.Firstly, at the very beginning of the capitalism, people worked 13-15 hours in daily basis and they had 1 day off in the week which is sunday. When the capitalism improve themselves with the help of economical and cultural exchanges, people got more into it. Because people wanted to gain money so as to survive, working in the capitalist system had become most important part of their lives. However, the money they gained was very low if he/she was a worker. In daily basis, working 13-15 hours led to some mental problems, since wages were very low and people worked half of the day. Let us think, you work half of the day and your wage is very low and you hardly satisfy your hunger, what are you think about that? Because of those events, people became alienated to themselves and began to excluded from the system. This was the very beginning of the capitalist working class. According to the Raekstad (2018 p.314), ‘’Conditions of alienation, in which humans’ internal ability to engage in conscious selfdirected activity is prevented from being exercised, causes economic activity to lose its intrinsic enjoyment and motivation. Consequently, instead of satisfying intrinsic needs and enjoyments, work under capitalism becomes a mere means to satisfy needs outside of itself – to preserve one’s life, wealth, and so on.’’ This alienation impacts were affected many people and it is still continue. Unfortunatelly, our ancestors lived that problems in todays world, we do not feel exactly the same effects as our ancestors experienced. Today’s effects are different but we still see capitalism everywhere where we look and it’s alienation impacts still effective.Secondly, the problem about the social classes situation is people belong some classes but they do not act like that. Unfortunately, some people take rational decisions but some are not. They are not act proper and this makes the gap between rich and poor more deeper. According to Marx and Engels (1847), In the earlier period of the date, nearly everyplace, people can find tangled arrangements of communities into a range of orders, a likeness arrangement of communal rank. In archaic era of Roman Empire we had classes such as slaves, plebs, patricians, knights; in the medieval era, Journeymen, feudal nobels, serfs, apprentices, guild masters; in nearly all of those classes, working class taken as a inferior class. And I think this system will go on in many years, since think about without these system we will go back on the era of the state of nature, and this means the nature dominated the world, not humankind.
The negative effects of capitalism in terms of culture. First major impact of capitalism is clear which is called globalization. According to Spybey (1998), Globalization is a trade between cultural traits and acts in all around the world, and not just one- even if which is the present’s spearheading hegemony. Globalization is a very huge thing because it affects all of us. Even if we sit in our houses and never go out, it’s impacts still affects us. From medicines to food, from computers to markets, from the cars we drive to the roads we walk, and the language we speak, we can see easily the parts of globalization.But we also should think about the negative effects of capitalism in the local cultures all around the world. Especially the technology,which is the favourite child of globalization, leads to disappear cultural and local traits, according to Levitt (1983), The differences we are accustomed to in national or regional preferences are lost, old differences in national tastes or ways of doing business disappear, and even markets in any country are rarely unique because technology makes the world homogenous. I must regret that globalization is destroying our local cultures. For instance, whenever you see the McDonald’s or other global firms enter and open a branch in any neighbourhood, our local food restaurants generally will close. These global firms assimilate and destroys our local values. This not only happens in our country but also happens in the other countries. We should approach carefully and think three or four times when we adopt a systems like that, and also we ought toask questions for ourselves; Are we ready to forget and just adopt the global culture? And, if we will adopt that culture, what will happen after we lost our cultural traits?
The negative effects of capitalism in terms of economy. Firstly, capitalism involves economic values even if it has a lot of benefits from people, humans should look at it in a different perspective. According to Ritzer (2004), In McDonald’s, services come in stereotypes, employees always wear the same uniforms, food is always packaged in the same way, and even greetings and questions are based on patterns such as ‘Do you want fries with that? And ‘Have a nice day’. Societies are adversely affected by economic developments and stereotypes emerge from that. Unfortunately, this leads monotone lifestyle for people and people act like a ‘McDonaldised Societies’. But negative effects not end with that of course. Also, local markets are affected by these global firms. According to Alden (1999), Brands create different marketing symbols for each region using marketing techniques adapted to global and local regions and try to create a global consumer culture, and among them consumer return is the most important one. We can understand that, all firms want to maximize their profits but we also must understand our local values are important and fundamental for us, to remember what we are.
All in all, everything has a good and bad sides, we could benefit from everything if we take it enough from that thing, but also, all rose has thorn even if the rose has a beautiful scent. I think capitalism is like a rose it has a good scent, has good-looking; however, we must be careful. It can destroy our local cultures, local economies or markets, and also our mental healths. But there is one important question that we have to ask ourselves, what would we have been doing without capitalism?
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