-Caveat Lector-
MJ
If capitalism is NOT an economic system void of Government
intervention ... then what 'word' suits this ideal?
Capitalism: You hire me to build a fence on your property
to a specific specification for a certain compensation. We
sign a contract. I build the fence as directed. You provide
the compensation as directed.
Where is Government 'depended upon'?
flw
Those who define the terms....win the battle.
Don't make the mistake to equate modern captalism with the Free Market.
MJ
I haven't.
You confuse free market with 'capitalism'.
flw
Modern capitalism as practiced throughout the world is State
Capitalism.
MJ
State Capitalism is an oxymoron.
flw
State Capitalism can be defined as an unholy alliance between Corporate
Interests and their political servants to use the police power of the
state
to manipulate the Free Market for their own self interest. For example,
the FDA is a tool of the drug corporations, essentially a means to destroy
competition and monopolize the prescription drug industry.
MJ
What you describe is Statism in some form and has no basis
in capitalism.
flw
The very concept of a "corporation" is anti free market.
MJ
The very concept of a 'corporation' negates the idea of capitalism.
Regard$,
--MJ
Everyone is in business for himself, for he is selling
his services, labor or ideas. Until one realizes that
this is true he will not take conscious charge of his
life and will always be looking outside himself for
guidance. -- Sidney Madwed
<A HREF="http://www.ctrl.org/">www.ctrl.org</A>
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