What is the goal of capitalism?

[initforme]

We are told that unemployment is necessary for the economy to be more efficient because the risk of being fired will keep workers energized. I can imagine how efficient the economy was under slavery when the worker had the risk of being punished by death.

Slave owners were the ultimate lazy cheapskate lowlifes. Easy call.

 

[Toddsterpatriot]

We are told that unemployment is necessary for the economy to be more efficient because the risk of being fired will keep workers energized. I can imagine how efficient the economy was under slavery when the worker had the risk of being punished by death.

Tell us more about communist efficiency.

 

[dblack]

Tell us more about communist efficiency.

My support for free markets has never been about efficiency. It's merely an extension of my support for freedom in general. If someone could offer solid proof that slavery was the most efficient way to organize society, I would still reject it.

And let's not dance around it, communism is slavery. When the state claims ownership of the means of production, when they take control of labor and resources, they own you.

Many liberals think that's all good as long as it's democratic. I don't. I don't share their blind faith in democracy, and I don't think it should be used to "run" society.

 

[Ringo]

Сapitalism

 

[Toddsterpatriot]

Сapitalism

Commie twats are funny.

 

[P F Tinmore]

Unfettered capitalism is like a game of Monopoly. When one person owns everything and everyone else is broke,

the game is over.

 

[AzogtheDefiler]

This is just a philosophical question. Is there a goal for capitalism at all? Is it to maximize personal liberty or production? or is it to maximize well being?

To maximize one’s quiet enjoyment of life.

 

[dblack]

Unfettered capitalism is like a game of Monopoly. When one person owns everything and everyone else is broke,

the game is over.

When has that ever happened??? It really hasn't, has it?

I get it. Liberals love too see people in fetters. Here's a picture of fettered capitalism:

 

[P F Tinmore]

When has that ever happened???

Now.

 

[dblack]

Now.

Really? Which person owns everything?

I think that maybe you're telling a fib.

Get out your fetters!

 

[P F Tinmore]

Really? Which person owns everything?

I think that maybe you're telling a fib.

Get out your fetters!

We are racking up billionaires and homeless as we speak.

We are on the way.

 

[Ringo]

Just as the countries of early capitalism used privateers to compete for sea lanes, so the countries of late capitalism use criminal gangs to control the internal market, terrorist gangs to remake the external, and fascists to massacre Reds.

 

[gipper]

When has that ever happened??? It really hasn't, has it?

I get it. Liberals love too see people in fetters. Here's a picture of fettered capitalism:

We are pretty close to it now. Big Business and government are one. Add in big media, academia, and science all controlled by colluding forces within government and media, and capitalism is uncontrolled. However, our economy is more like a quasi Fascist one. It’s a long way from free market capitalism, with fair government regulation.

 

[Libby von H]

This is just a philosophical question. Is there a goal for capitalism at all? Is it to maximize personal liberty or production? or is it to maximize well being?

The question makes no sense. If you read Adam Smith, capitalism is what you have by default. I want to sell somethin, you want to buy something and we both want nothing from the government but securing of contracts.

 

[Soupnazi630]

We are told that unemployment is necessary for the economy to be more efficient because the risk of being fired will keep workers energized. I can imagine how efficient the economy was under slavery when the worker had the risk of being punished by death.

We are not told that

You do not have to imagine anything. It is well proven that payingwage workers is far more efficient than forcign a slave to work. This is why communist nations fail as they are in fact slave states.

 

[Soupnazi630]

Ah, Morality... Of course, if you only explain to the capitalist the immorality of exploitation very well, he will certainly understand everything and the reign of justice and happiness will come.... I wonder what the Church has been doing for two thousand years...?

Exploitation is not immoral. Or moral. It just is. Every person explots what they have as in their gifts and talents and skills. every person is exploted by others. This does not change under collectivist systems such as socialism or communism. The only difference si that under such collectivist systems personal agency is removed and you have no choice in how you are exploited or by who. Also known as slavery

 

[Soupnazi630]

If that were true, there wouldn’t be unbelievable income inequality in this country.

Yes there would be

Income inequality is harmless

 

[otto105]

The question makes no sense. If you read Adam Smith, capitalism is what you have by default. I want to sell somethin, you want to buy something and we both want nothing from the government but securing of contracts.

Hilarious

Adam smith.....what a joke.

 

[Red Front]

The question makes no sense. If you read Adam Smith, capitalism is what you have by default. I want to sell somethin, you want to buy something and we both want nothing from the government but securing of contracts.

Where do you get the legal tender or currency for your transactions? You're just going to barter? Adam Smith's capitalism includes "masters":

"What are the common wages of labor, depends everywhere upon the contract usually made between those two parties, whose interests are by no means the same. The workmen desire to get as much, the masters to give as little as possible. The former are disposed to combine in order to raise, the latter in order to lower the wages of labor.
It is not, however, difficult to foresee which of the two parties must, upon all ordinary occasions, have the advantage in the dispute, and force the other into a compliance with their terms. The masters, being fewer in number, can combine much more easily; and the law, besides, authorises, or at least does not prohibit their combinations, while it prohibits those of the workmen." (Wealth Of Nations - Book I, Chapter VIII)

Do you like having masters or being a master over others? The worst government according to Adam Smith is the privately owned, merchant-run company:

"The government of an exclusive company of merchants is, perhaps, the worst of all governments for any country whatever. Of all the expedients that can well be contrived to stunt the natural growth of a new colony, that of an exclusive company is undoubtedly the most effectual." (Wealth Of Nations - Book IV, Chapter VI)

He wasn't against having a government for more than just securing contracts.

 

[Toddsterpatriot]

Hilarious

Adam smith.....what a joke.

Oh no, an idiot doesn't like Adam Smith.
Is Marx your favorite?