What is the goal of capitalism?

[Toro]

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?

There is no single goal of capitalism. It’s a socio-economic construct.

And the best one that’s ever been created.

 

[Captain Caveman]

The Fact That This Hasn't Been Eliminated Proves That Eliminating It Is the Right Choice

That excludes inheritance, which contradicts and destroys Capitalism. And the only choice is where you want to stand in line behind the pre-positioned HeirHeads.

What a stupid bellend reply. Can you not thunk better.

 

[Orangecat]

But the goals and means of firms and banks are not the same as those of individuals.

Individuals do not share the same goals and means, either. Just because individuals group together and work in concert toward a common goal does not mean they relinquish their individual rights and goals. Capitalism is about the freedom of people, or groups of people, to pursue their own best interests in a space of mutually agreed upon transactions.

 

[sparky]

Capitalism has no goal

Its rather self serving Orange one...

Governed by laws does not equal created by government.

Good one Blues , one could go off for pages.....

Firms and banks are comprised of individuals, so yes, capitalism also prioritizes their liberty as well.

You honestly think the banksters give a sweet sh*t about us Orange?

~S~

 

[Orangecat]

Its rather self serving Orange one...

People are self serving. Capitalism is just one of many tools they employ to that end. So is socialism.

You honestly think the banksters give a sweet sh*t about us Orange?

Beyond our immediate families, I don't think anyone gives a sweet shit about other people.
Bankers run banks, which come in handy when you want to store or borrow money. I don't expect them to be my friend any more than they expect that from me. It's a business that I use when necessary, resulting in mutually beneficial transactions.

 

[iamwhatiseem]

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?

I answer that with asking what is the goal of socialism?
Is it to create a small elite group of citizens, living luxuriously and well separated from the rest of society? Who live off the production of those citizens, and leaving them only crumbs to scarcely get by?
Cause that is always the result.

 

[Blues Man]

when the government creates the system and controls it under threat of jail that means its a creation of government,,,


homes can be built without being a corp.,, it happens everyday,,

houses are an object not an entity,,


name me a single corp. in this country that exists without government permission??

The building of homes is done under the rule of government.
Building codes and inspections are part of the process
That does not mean the government creates home or the home building industry

All ways to organize a business from sole proprietorship to corporations fall under the rules of government. For businesses those are mostly tax designations but the government does not create those businesses. People create those businesses they just have to follow the laws that govern them'.

 

[Blues Man]

Its rather self serving Orange one...

Good one Blues , one could go off for pages.....

You honestly think the banksters give a sweet sh*t about us Orange?

~S~

Everything people do is self serving in one way or another.

 

[there4eyeM]

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" is a system of economics without philosophy or ideology. The "goal" is to augment one's capital. It is amoral, not immoral. It proved to be very beneficial to the development of Europe, though excesses have led to many problems. The same, however, must be said for other economic systems, particularly the one often promoted against it called "communism".
As with so much in human affairs, extremes have undesirable repercussions.

 

[progressive hunter]

The building of homes is done under the rule of government.
Building codes and inspections are part of the process
That does not mean the government creates home or the home building industry

All ways to organize a business from sole proprietorship to corporations fall under the rules of government. For businesses those are mostly tax designations but the government does not create those businesses. People create those businesses they just have to follow the laws that govern them'.

thats a whole different topic,,,

I am talking about corporation,, you dont have to be one to build a house or be a house,,

there are currently millions of houses that dont meet government codes,, I live in one

again,, name me a single corporation that exists without government permission???

 

[Blues Man]

thats a whole different topic,,,

I am talking about corporation,, you dont have to be one to build a house or be a house,,

there are currently millions of houses that dont meet government codes,, I live in one

again,, name me a single corporation that exists without government permission???

No permission needed all you have to do is file the tax forms and articles of incorporation.

and VOILA you are a corporation.

The government does not create corporations it only passed laws governing them

 

[progressive hunter]

No permission needed all you have to do is file the tax forms and articles of incorporation.

and VOILA you are a corporation.

The government does not create corporations it only passed laws governing them

you left out you have to sign a contract with the government,,

thats how you become one,, and as you just stated you can only do it with the governments permission,,

they created the system that governs them,, before that they didnt exist,,

at least you didnt try and give another stupid example,,

 

[task0778]

you left out you have to sign a contract with the government,,

thats how you become one,, and as you just stated you can only do it with the governments permission,,

they created the system that governs them,, before that they didnt exist,,

at least you didnt try and give another stupid example,,

You are suggesting that if a would-be corporation has it's paperwork in the correct order IAW existing and applicable laws that permission to incorporate has ever been denied? What instance would that be? Permission implies the choice for the gov't to say no, how can they do that without prejudice?

Oh, and what contract would that be you have referenced?

 

[progressive hunter]

You are suggesting that if a would-be corporation has it's paperwork in the correct order IAW existing and applicable laws that permission to incorporate has ever been denied? What instance would that be? Permission implies the choice for the gov't to say no, how can they do that without prejudice?

Oh, and what contract would that be you have referenced?

when I filed for my LLC I had to wait approval and then sign saying I agreed to the conditions set by the government,,

the government created that system,, so corporations are a creation of government

 

[sparky]

again,, name me a single corporation that exists without government permission???

the government created that system,, so corporations are a creation of government

In a true capitalist society , that might be the other way 'round PP,,,,~S~

 

[progressive hunter]

In a true capitalist society , that might be the other way 'round PP,,,,~S~

which form of capitalism??

free market, crony or government controlled??

 

[otto105]

"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.

Apparently you’ve never heard of price gouging or predatory pricing under capitalism.


Why is that?

 

[Stryder50]

Apparently you’ve never heard of price gouging or predatory pricing under capitalism.


Why is that?

I have heard of it, but it is not SOP, nor a basic or normal component. That is a behavior common to criminal minds which can be found within other economic systems. In fact, such is more often within the socialism and communism systems which build largely upon monopoly.
Apparently you've never heard of the price gouging and predatory pricing that is foundation of socialism/communism

Why is it you don't see such as common to all economic systems?

Why is it you are opposed to capitalism where rewards are proportional to investment and effort and prefer the legal theft systems of socialism/communism where deadbeats get more than they earn?

 

[task0778]

Apparently you’ve never heard of price gouging or predatory pricing under capitalism.


Why is that?

Price gouging and predatory pricing is endemic to every human economic model and is the result of poor gov't regulation and enforcement. Lying, cheating, and stealing and all other human failings predate capitalism by several millenia.

 

[westwall]

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?

Make money. Some capitalists also happen to be altruistic, but making money is the philosophy of capitalism.