Name: Capitalism vs Narcissism: Capitalism is NOT the Cause of Narcissism
Uploaded: 2021-02-20T21:21:10+00:00
Duration: 18 min 17 s
Description: I recently randomly came across an argument by Democracy At Work claiming that Capitalism creates Narcissism. In this topic on Capitalism vs Narcissism I address why Capitalism is NOT the cause of Nar

3 years ago

I recently randomly came across an argument by Democracy At Work claiming that Capitalism creates Narcissism. In this topic on Capitalism vs Narcissism I address why Capitalism is NOT the cause of Narcissism, a brief explanation of Narcissism in comparison to that of people seeking self-interest in a capitalist system.

The Narcissism Democracy At Work is referring to is describing a person who suffers from Narcissistic Personality Disorder. It reminds me of Milton Friedman's response on greed: "It's always the other person who is greedy." Self-interest, as I argue, is part and parcel of human nature, there is a healthy amount of that and then there is the Narcissism they are referring to which is severely damaging.

I am no psychologist and don't pretend to be an expert on such subjects, but have studied at least more than enough to comprehend that it is not Capitalism that breeds Narcissism, but damage created through socialism.

The welfare state is an example I gave and something I forgot to mention and left out you could say that whilst Narcissists are very manipulative, they love to be in control, just as they would in such relationships. This is akin to socialism through the central planning of the economy.

Like I argue though, someone who suffers from Narcissistic Personality Disorder isn't simplistic, just as people in society are difficult to comprehend, human beings are complex and it is why it is difficult to pinpoint someone who suffers from genuine Narcissism to those who do not.

The argument by Democracy At Work describing Capitalism on competition is a common myth you will hear that Capitalism is a dog-eat-dog world that individuals are only out to beat one another, whilst competition certainly can make things seem that way, it is a black and white picture view of Capitalism. Yes, I would run a business in photography for my personal gain and self-interest, but I would also do it because I would love to give something that pleases other people, just as many may enter the market becoming a doctor because they have a desire for helping others.

Capitalism is a system based on self-interest, but I personally do not believe that human beings are entirely selfish. Capitalism gives the individual to seek self-interest and certainly do things to achieve their own personal gain, but also, many people are charitable and in my firm belief it is the capitalist system that harnesses that.

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