-Caveat Lector-
MJ
The NWO has NOTHING to do with capitalism.
Joshua
Your an idiot.
MJ
While it is difficult to discern the meaning of your
above ad hominem, it remains that the NWO has
NOTHING to do with capitalism.
Jim
When using the word "capitalism" it should be modified
by an adjective. There are several kinds of capitalism
which is merely the accumulation of capital.
MJ
Nope.
Capitalism is an economic system void of government
intervention.
Joshua
On which planet?
MJ
On every planet.
Jim
There is state capitalism, e.g. socialism where the state
accumulates and owns the capital.
MJ
This is correctly, as you cite, a version of socialism.
Jim
There is monopoly capitalism where private individuals with
the connivance of government amass huge amounts of
capital.
MJ
This too is a variety of socialism.
Joshua
But NOT a variety of Capitalism?
Ha ha ha ha ha ha.
MJ
To aid you in the understanding of such a simple
concept ...
Are there variations of atheism? No. Once a god or gods
is introduced, atheism ceases.
Are there variations of theism? Yes.
Are there variations of capitalism? No. Once Government
or government is introduced, capitalism ceases.
Are there variations of socialism? Certainly.
What is described above (both) are variations of SOCIALISM.
Jim
Finally there is free enterprise capitalism where capital
is accumulated based on the entrepeneurship and effort
of individuals.
Joshua
...who steal the benefits of other people's labor.
Where this is not the case, there is nothing wrong with it.
The minute you profit from someone else's work, you are
a thief and a parasite.
THIS is the basis of all Capitalism.
MJ
One can only 'steal' other people's labor with socialism -- in
capitalism one has committed a crime. In capitalism, two
or more individuals mutually agree to the exchange.
There is simply no other choice than this: either
abstain from interference in the free play of the
market, or to delegate the entire management of
production and distribution to the government.
Either capitalism or socialism: there exists no
middle way. -- Ludwig von Mises
Joshua
This is totally stupid and absurdly, obviously wrong.
Everywhere in the world, this is not the case.
Ludwig is still dead isn't he MJ?
MJ
Maintaining your problem with reality, I see.
Regard$,
--MJ
The beginning and end of the socialist policy,
which has dominated the world for decades, is
destruction.... Although destructionism is more
easily recognized in the actions of the Bolshevists
than in other parties, it is essentially just as
strong in all other socialist movements. State
interference in economic life, which calls itself
'economic policy,' has done nothing but destroy
economic life. Prohibitions and regulations have
by their general obstructive tendency fostered
the growth of the spirit of wastefulness.... That
production is still being carried on, even
semi-rationally, is to be ascribed only to the
fact that destructionist laws and measures have
not yet been able to operate completely and
effectively. Were they more effective, hunger
and mass extinction would be the lot of all
civilized nations today.
Ludwig von Mises
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