Why capitalism is bullshit

Midnight FM

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For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.
 
For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.
This is a nonsense post. Capitalism is easily defined, and nobody said it was invented in America.
 
For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.
It isn't different.
 
For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.
 
This is a nonsense post. Capitalism is easily defined, and nobody said it was invented in America.
I did define it.

Private property rights are a pretty basic legal concept which have existed since ancient times.

So why do some people say that capitalism "was invented" at some time in recent history, such as after the Protestant Reformation. I don't think that's true. Or how is the "capitalism" which exists in America any different than the "capitalism" which exists in any other developed nation, such as those of Europe?
 
I did define it.

Private property rights are a pretty basic legal concept which have existed since ancient times.

So why do some people say that capitalism "was invented" at some time in recent history, such as after the Protestant Reformation. I don't think that's true. Or how is the "capitalism" which exists in America any different than the "capitalism" which exists in any other developed nation, such as those of Europe?
Moron. Nobody denies that ownership of private property is a part of Capitalism.

But it’s not the definition of Capitalism.

capitalism​

noun

cap·i·tal·ism ˈka-pə-tə-ˌliz-əm
ˈkap-tə-

: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a
free market


Sorry about your failed education and apparent inability to find a rational definition which most people do understand.

Happy to help expose another one of your charlatan threads as mere crap propaganda from a weak-sauce libtard troll.
 
Moron. Nobody denies that ownership of private property is a part of Capitalism.

But it’s not the definition of Capitalism.

You used a different definition, but the premise is basically the same.

So, essentially, there are laws which allow people to privately own and exchange goods and services. Tell me how this is different than the laws which would have allowed this at any other time in history, such as in ancient Rome.

Sorry about your failed education and apparent inability to find a rational definition which most people do understand.

Happy to help expose another one of your charlatan threads as mere crap propaganda from a weak-sauce libtard troll.
Opposition to abortion is not compatible with capitalism. The abortion industry is an example of the free market at work.
 
For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.

What so hard to understand? You create something there's a demand for, someone gives you money for it, and you get to keep as much of that money as the government allows you.

Wait a minute......

Who the **** put a little piece of socialism in my capitalism? Screw that part
 
What so hard to understand? You create something there's a demand for, someone gives you money for it, and you get to keep as much of that money as the government allows you.

Wait a minute......

Who the **** put a little piece of socialism in my capitalism? Screw that part
Right, so again, a person in ancient Rome who invented something would have been allowed to sell it and keep whatever profit was left over after taxes.

So again, what is different about capitalism today than the capitalism of ancient times. No one can answer this, apparently.
 
For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.
If your peeps weren't retarded perhaps you'd receive normal and sound answers
 
Right, so again, a person in ancient Rome who invented something would have been allowed to sell it and keep whatever profit was left over after taxes.

So again, what is different about capitalism today than the capitalism of ancient times. No one can answer this, apparently.

Well, in ancient times those taxes were paid under threat of force, to a government that usually conquered the land by using even more force.

So what is the point you're trying to make? I'm at a loss here as to what you're trying to say.
 
For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.
Why does someone have to invent something to support it? Monopolies aren't prohibited. Where did you get that idea? For example utilities often have geographical monopolies. You completely ignored free trade, the idea of supply and demand determining prices versus the government. You can't even define it, but can come to a conclusion it is bullshit. You seem like a pseudointellectual with an overly developed sense of self worth.
 
Your point about capitalism gave me awareness that I hear far less talk about a free market economy these days. I too have likely been careless in distinguishing capitalism from the concept of a free market system.
 
You used a different definition, but the premise is basically the same.

False. I used a fairly standard but respected dictionary definition which supports what I said and undercuts your fabrication.

Ownership of private property is a PART of Capitalism, but it is not the “definition” of Capitalism, as you falsely argued.
So, essentially, there are laws which allow people to privately own and exchange goods and services. Tell me how this is different than the laws which would have allowed this at any other time in history, such as in ancient Rome.
Irrelevant . You’re the moron who thinks that ownership of private property is the definition. Instead, private property predates capitalism and nobody claimed that Capitalism was invented in America, as you also falsely

What the full definition proceeds to say was:

an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market

Amazing all the stuff you intentionally left out.
Opposition to abortion is not compatible with capitalism. The abortion industry is an example of the free market at work.
No. It isn’t. And you’re a true imbecile.
 
False. I used a fairly standard but respected dictionary definition which supports what I said and undercuts your fabrication.

Ownership of private property is a PART of Capitalism, but it is not the “definition” of Capitalism, as you falsely argued.

Irrelevant . You’re the moron who thinks that ownership of private property is the definition. Instead, private property predates capitalism and nobody claimed that Capitalism was invented in America, as you also falsely

What the full definition proceeds to say was:

an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market

Amazing all the stuff you intentionally left out.
So in other words, people are free to decide the prices that they sell their goods and services for.

So how is that different than anything which existed historically?

No. It isn’t. And you’re a true imbecile.
Abortion is the free market at work. Abortion providers are able to offer their services to consumers in exchange for money.

Why do you hate capitalism so much?
 
15th post
For starters:

1. No one whom I've asked to explain what "capitalism" even is has been able to do it.

According to a dictionary definition, capitalism is a system which allows people to own private property. That's a pretty basic definition

A socio-economic system based on private property rights, including the private ownership of resources or capital

I support people having legal rights to own private property.

What is odd, though, is that "capitalism" in the sense of people being allowed to own private property has always been around in history. Such as how the 10 Commandments prohibiting theft of other people's property was establishing some right to private property ownership.

Therefore, "capitalism" was not invented by America or at any time in recent history. (And, of course, even in America, which permits private property ownership, taxation and public goods and services also exist, as is the case in every developed nation. There are also laws on the books, for example, which restrict what individuals and business can do, such as the formation of monopolies, which is prohibited because it is believed to discourage economic competition).

So, the reality is that when most people I hear talk about "capitalism", they seem to have no idea what it actually is, in the context of the law or anywhere else, and can't articulate why "capitalism" today is any different than the capitalism, or private property rights, which have existed for all of human history.
Nobody has said capitalism was invented by America
 
So in other words, people are free to decide the prices that they sell their goods and services for.

So how is that different than anything which existed historically?
Free market for production and for sales. And the government has no role in it.
Abortion is the free market at work.
No. It isn’t.
Abortion providers are able to offer their services to consumers in exchange for money.
And?
Why do you hate capitalism so much?
I don’t. Why do you premise your posts on dishonesty?
 
Our implementation of capitalism is failing. We currently have the richest nation in the world from capitalism but the regulation of it has fallen apart. Money has bought the government. We need to figure out how to separate them or this beautiful thing wont last.

The fox cannot watch the hen house.
 

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