I just vomited in my mouth a little bit.
I just vomited in my mouth a little bit.
anyone who defines Capitalism as being based on individual rights clearly hasn't a clue what he's talking about so I didn't get any further than that statement. The more generally accepted definition of capitalism, for anyone who gives a shit, is:
"Capitalism is an economic system that is based on private ownership of the means of production and the creation of goods or services for profit"
which you'll find is the first line of the Wiki entry on Capitalism.
informative i guess
Complete laissez faire economies have crashed over, and over, and over again, and only the most wealthy survive them. Capitalism must be paired with a minimum of regulation.
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Strangely, this article makes no mention of capitalisms propensity to allow stronger companies to stifle the weak, and for companies in general to trounce the right of the individual. True capitalism sees no problem in paying the workers in credits that can only be redeemed at the company store.
Also there is no mention of the fact that capitalism provides a disincentive for research and development: If you are an oil company, and a chemist invents a compound that can allow cars to run safely on sea water, you do all you can to prevent this product from coming to market and scaling because it interferes with your revenue stream. That is an example invisible hand of self-interest bitch slapping the needs of the larger population. Similar and more eloquent examples have been floated by proletariat, capitalist failures like Bill Gates.
do not want
"Only ignorant people (or those that wish to become Dictators) would trash capitalism." Or those who think human lives are more important than profit for a small percentage of wealthy people
Learn what it is before you try to condemn it. Only ignorant people (or those that wish to become Dictators) would trash capitalism.
The definition of capitalism on this site, is not the definition of capitalism. Capitalism isn't about "individual rights" as it said. It's about ownership and profit. Terrorists can be capitalists.
Capitalism - Fuuuuuu.....!
From the page: Capitalism.org survives on donations based on the honor system.
This site defines capitalism as a "social system based on the principle of individual rights." Capitalism is an economic system based on private ownership. Also, the colon is used inappropriately in the Ayn Rand quote which heads the page. A colon should never separate a verb from its object.
It grants individual rights, lol. If only Capitalism in its true form is what the United States used.
Ayn Rand LOL
Opens with an Ayn Rand quote.
Oh, great. A shrine to objectivism. They lost me at the Ayn Rand quote.
For those interested, you can find the definitive critique of objectivism in the game Bioshock.
"A MAN chooses! A SLAVE obeys!"
a few thoughts...
well designed site, pleasing and attractive.....to undertake a thorough defense of a philosophical system requires careful attention to explicitly defining terms(capitalist, anarchy, etc)....oversimplification is not allowed when discussing philosophical concepts (ie. there are many variations of capitalism etc.).......as a quick read i give is a thumbs up, it did a decent job of presenting it's claims....as a definitive defense, no, not good enough...that said, i favor capitalism when bridled by a moral people. quoting John Adams, "We have no government armed with power capable of contending with human passions unbridled by morality and religion. Avarice, ambition, revenge, or gallantry, would break the strongest cords of our Constitution as a whale goes through a net. Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other."
There's always something so funny about Americans who don't appreciate the system that made their country great.
Obama is a consequence of this sort of thinking.