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IPFS News Link • Economic Theory

Capitalism Is A Giant Scam

• By: Caitlin Johnstone

Back then I still believed that while capitalism was driving the destruction of our biosphere, it could still be hacked into being part of the solution in some ways.

I got a call from a biofuels startup who saw my work with Earth Mums and wanted to hire me to write search engine-friendly articles to draw traffic to their website. I went to their office for a meeting, and while I was waiting I listened to the three partners — real high-octane entrepreneur types — laughing and talking about the various business plates they were spinning.

One of them had apparently just come back from a consulting job for a product called Lectric Soda, which Earth Mums had a lot of affection for because it was an environmentally friendly household cleaning compound that you could buy for less than a dollar a bag.

"Don't tell me, lemme guess: you told 'em to double the price?" asked one of the partners.

"I told 'em to quadruple it!" said the consultant guy.

I found it incredibly sleazy how they were making a product that could actually help make households a kinder to the environment less accessible while presenting themselves as eco warriors who want to save the planet. I told them I charge way more than I knew they'd ever pay me for the job and got the hell out of there, but lo and behold I did see Lectric Soda shoot up in price fourfold shortly thereafter.


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