During the trial it was revealed that McDonald’s knew that heating their coffee to this temperature would be dangerous, but they did it anyways because it would save them money. When you serve coffee that is too hot to drink, it will take much longer for a person to drink their coffee, which means that McDonald’s will not have to give out as many free refills of coffee. This policy by the fast food chain is the reason the jury awarded $2.7 million dollars in punitive damages in the McDonald’s hot coffee case. Punitive damages are meant to punish the defendant for their inappropriate business practice.
Capitalism opens an avenue for greed to be used for the benefit of the many, whereas any other form of resource distribution has no place for greed and as such no place for the greedy. At that point it becomes the same kind of discussion as the prohibition discussion. Do you ban it or do you allow and regulate it. Banning greed won’t make it go away, it will only force it into hiding and to undermine the current system. Capitalism forces greed to the surface, at which point people can have a discussion about how much greed should be permitted.
Wow, that’s some impressive horse shit! The very nature of greed means that it will always benefit the few over the many and the nature of capitalism is that greed is elevated to a virtue, inevitably hurting the many to serve the few rich and powerful.
First of all, that’s false. Pretty much every centrist and right wing structure of government centers the individual and thus caters to the greed of the individual over the needs of the many.
Besides, if that was true, that would be a good thing! Being greedy isn’t some inescapable natural urge that must be satisfied or you explode. Making space for the most base parts of human nature isn’t good with cruelty, deceitfulness or (except in the ordered and consensual context of sports and even that is a bit iffy in many cases) violent tendencies, so why do you want to nurture and protect greed?
Sure, but just like the other vices I just mentioned, discouraging it and making it disadvantageous to act in a greedy manner will suppress and lessen its impact on society.
Yeah, that’s the same thing people said about right wing extremists when Trump emboldened them and look how that turned out…
Bottom line is that capitalism directly encourages greed and in doing so indirectly encourages cruel indifference towards the lives, health and happiness of anyone who stand in the way of greedy people and corporations. This lawsuit is 100% a symptom of how capitalism hurts people.
Under capitalism, a greedy person can sate their greed by offering up something many people are willing to pay for. Elon Musk is a shit human being, but his companies revolutionized the EV market, the commercial rocket launch provider market and Star Link now allows for internet access anywhere. Capitalism has turned his greed, at least in part, into a benefit many can profit from. Similarly, with Elon now tanking Twitter, BluSky, Threads and Mastodon can compete for users that have stopped using Twitter.
I was talking about systems of resource distribution, the government concerns itself with the judicial system.
Just like the prohibition lessened the impact of alcohol on society? Just like the war against drugs lessened the impact of drugs on society? Just like, as evangelicals would claim it, banning contraception and abortions lessens, in their eyes, the negative impact on society. Historically, the greedy have been, through corruption and the like, just as damaging to society as they have been now.
With a bunch of them in jail and with Trump weakening the republican party for years?
Capitalism isn’t to blame for the suffering of the ones standing in the way of the big players, western european nations show that quite clearly. While not perfect, they have much stronger protections for the powerless against the powerful, yet they also employ capitalism. This lawsuit is a failure of the judicial system, it wouldn’t have happened in a country with stronger laws against abuse.
Just stop at your first sentance, no it doesn’t.