On Mon, 13 Dec 1999, john courtneidge wrote:
> >Part of Ed's post begs a reply.
> >
> 
> 
> Dictionary definitions of capitalism highlight two essential features of the
> capitalist system: that the factors necessary for the production of those
> commodities necessary for human life are in private ownership and that these
> factors are used for private benefit (or 'profit').

Maybe a new formulation, starting from scratch, or somewhere less
convoluted than the outcomes of two centuries of tortured philosophy.

Start with the concept of value and a concept of value transaction.
Commerce, capital, common good, public and private, the information
environment, and purposes of human interaction.  See what you can build
from those building blocks.

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