What is the goal of capitalism?

[Mexicano]

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?

 

[BackAgain]

Capitalism is merely one way to address issues of goods, services etc in any society or set of societies. It posits the notion that negotiation between those who seek products or services or raw materials and those who may be able to fulfill those things will lead to the most effective way of providing for them.

It has more to do with being an effective system than it has to do with seeking any particular form of providing for liberty and freedom.

But it does incidentally serve the interests of freedom and liberty. You don’t buy an item by holding a gun to the seller’s head and threatening him to sell you a product. He doesn’t hold a gun to your head to compel you to buy his product, either.

 

[shockedcanadian]

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?

Meritocracy and the Invisible Hand that Adam Smith spoke of in his book.Wealth of Nations. We are rapidly getting away from it so opportunity and civil liberties will greatly suffer around the world. It will be replaced with the Russian oligarch system as we currently have in Canada.

 

[HereWeGoAgain]

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?

Capitalism gives everyone a chance at wealth.
If you apply yourself even the poorest person can achieve success.
While socialism wants everyone to be equal...equally poor that is.
There's an old russian saying....we pretend to work because they pretend to pay us.
With socialism/communism there's no incentive to work harder because you'll still be paid the same.

 

[Rye Catcher]

Capitalism gives everyone a chance at wealth.
If you apply yourself even the poorest person can achieve success.
While socialism wants everyone to be equal...equally poor that is.
There's an old russian saying....we pretend to work because they pretend to pay us.
With socialism/communism there's no incentive to work harder because you'll still be paid the same.

LOL. Where to begin?

Britannica Money

Capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately held and production, prices, and incomes are determined by markets. Learn more about the history and development of capitalism in this article.

www.britannica.com

Britannica Money

Socialism, social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to socialism, everything that people produce is in some sense a social product, and everyone who contributes to the production of a good is entitled...

www.britannica.com

Democratic socialism | Definition, Explanation, & Examples | Britannica

Democratic socialism, political ideology that supports the establishment of a democratically run and decentralized form of socialist economy. Modern democratic socialists vary widely in their views of how a proper socialist economy should function, but all share the goal of abolishing capitalism

www.britannica.com

Britannica Money

African socialism, the socialist doctrines adopted by several African leaders at the end of colonial rule in the 1950s and ’60s.

www.britannica.com

Britannica Money

www.britannica.com

Communism | Definition, History, Varieties, & Facts | Britannica

Communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.

www.britannica.com

Start with the links above, then you will not post a simple post. Better yet, enter a U. and make a major in Political Science.

 

[Mexicano]

Capitalism is merely one way to address issues of goods, services etc in any society or set of societies. It posits the notion that negotiation between those who seek products or services or raw materials and those who may be able to fulfill those things will lead to the most effective way of providing for them.

It has more to do with being an effective system than it has to do with seeking any particular form of providing for liberty and freedom.

But it does incidentally serve the interests of freedom and liberty. You don’t buy an item by holding a gun to the seller’s head and threatening him to sell you a product. He doesn’t hold a gun to your head to compel you to buy his product, either.

I do have to point out there was a time in history when human trafficking was seen as business as usual.
The "freedom" is therefore not an intrinsic characteristic of capitalism but an amendment to it.

 

[MarathonMike]

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?

Yes, yes, yes and yes.

 

[HereWeGoAgain]

LOL. Where to begin?

Britannica Money

Capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately held and production, prices, and incomes are determined by markets. Learn more about the history and development of capitalism in this article.

www.britannica.com

Britannica Money

Socialism, social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to socialism, everything that people produce is in some sense a social product, and everyone who contributes to the production of a good is entitled...

www.britannica.com

Democratic socialism | Definition, Explanation, & Examples | Britannica

Democratic socialism, political ideology that supports the establishment of a democratically run and decentralized form of socialist economy. Modern democratic socialists vary widely in their views of how a proper socialist economy should function, but all share the goal of abolishing capitalism

www.britannica.com

Britannica Money

African socialism, the socialist doctrines adopted by several African leaders at the end of colonial rule in the 1950s and ’60s.

www.britannica.com

Britannica Money

www.britannica.com

Communism | Definition, History, Varieties, & Facts | Britannica

Communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.

www.britannica.com

Start with the links above, then you will not post a simple post. Better yet, enter a U. and make a major in Political Science.

I dont need to read your crap about capitalism for the simple reason that I've used capitalism to further my life.
I dropped out of high school in the 10th grade and yet I was able to retire at 46.
That alone blows anything you have to say against capitalism out of the water.
So try again....

 

[The Sage of Main Street]

Meritocracy and the Invisible Hand that Adam Smith spoke of in his book.Wealth of Nations.

"The Invisible Hand" Is the One Picking Your Pocket

There is a Third Way. Both Capitalism and Socialism are products of a spoiled, bossy, and decadent hereditary ruling class. Obviously, the employees create the value of the investment, so only they should share in the profits, treating the capitalization as a fixed expense like a bank loan. But the toxic plutocracy controls all thoughts on economics.

 

[otto105]

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?

profits, your freedumb doesn't matter.

 

[Stryder50]

profits, your freedumb doesn't matter.

Non-profit equals deficit, debt, bankruptcy. Poverty shared by all.

Profits reflect efficiency and growth of investment. Profits allow for expansion and growth of enterprise. Profit reflects reward in proportion to investment and effort manged efficiently.

Those opposed to profits/free enterprise/capitalism tend to be ineffective, non-productive and greedy. Wanting to take form the productive others without earning such theft.

 

[progressive hunter]

I do have to point out there was a time in history when human trafficking was seen as business as usual.
The "freedom" is therefore not an intrinsic characteristic of capitalism but an amendment to it.

that was evil not capitalism,, capitalism demand voluntary participation,,

 

[BackAgain]

I do have to point out there was a time in history when human trafficking was seen as business as usual.
The "freedom" is therefore not an intrinsic characteristic of capitalism but an amendment to it.

Like anything else, an economic theory can be abused and misused.

People used to eat people, too.

But nowadays, that shit is frowned upon.

 

[otto105]

Non-profit equals deficit, debt, bankruptcy. Poverty shared by all.

Profits reflect efficiency and growth of investment. Profits allow for expansion and growth of enterprise. Profit reflects reward in proportion to investment and effort manged efficiently.

Those opposed to profits/free enterprise/capitalism tend to be ineffective, non-productive and greedy. Wanting to take form the productive others without earning such theft.

Adam smith capitalism would result in monopoly with poverty for all. Total capitalism doesn’t have morals or ethical behaviors for either people or business.


See Pottersville

 

[otto105]

that was evil not capitalism,, capitalism demand voluntary participation,,

No, it doesn’t.

Capitalism is an economic construct that doesn’t include morals or ethics.

Slavery is an example of it. So would be prostitution, drug use and violence.

 

[Stryder50]

Adam smith capitalism would result in monopoly with poverty for all. Total capitalism doesn’t have morals or ethical behaviors for either people or business.


See Pottersville

"morals and ethical behaviors" result from personal choices and economic systems have very little "cause factor".

As for "monopoly with poverty for all" see your socialistic and communistic systems for that. Note how most do not have massive illegal immigration trying to get in, just the opposite.

See Russia, CCP China, Venezuela , etc.

 

[Stryder50]

No, it doesn’t.

Capitalism is an economic construct that doesn’t include morals or ethics.

Slavery is an example of it. So would be prostitution, drug use and violence.

Slavery is the foundation of most socialism and communism systems. They also have prostitution, drug use, and violence(gulags).

Piss poor attempted to justify your personal greed to steal from others, and defend your deadbeat arse.

 

[Mexicano]

that was evil not capitalism,, capitalism demand voluntary participation,,

But that is the modern idea of capitalism. The same goes for other amendments: a safe workplace, 8 hour workdays, sick leave, and one day of rest per week. Those rights had to be established in laws, sometimes only after strikes and some bloodshed and others through (even bloodier) revolutions.

 

[Mexicano]

"morals and ethical behaviors" result from personal choices and economic systems have very little "cause factor".

As for "monopoly with poverty for all" see your socialistic and communistic systems for that. Note how most do not have massive illegal immigration trying to get in, just the opposite.

See Russia, CCP China, Venezuela , etc.

China is a special case... It is not fully capitalist. For example state owned companies are responsible for about 40% of gdp. Most of the banking sector is state-owned. And the Communist Party of China is still ruling and calling itself "communist"... although the country is only communist to a limited extent.

 

[progressive hunter]

But that is the modern idea of capitalism. The same goes for other amendments: a safe workplace, 8 hour workdays, sick leave, and one day of rest per week. Those rights had to be established in laws, sometimes only after strikes and some bloodshed and others through (even bloodier) revolutions.

no thats capitalism throughout the history of mankind,,, its never changed,, whats changed is the government forcing both employers and employees to work in a way they demand,,

and youre giving laws that force capitalism to deteriorate away from being true free market capitalism into crony capitalism,,