> Dennis wrote:
> Capitalism is such a non-specific word.
>
I define it this way:
"Capitalism refers to an economic system in which the means of
production are mostly privately owned and operated for profit and in
which distribution, production and pricing of goods and services are
determined in a largely free market. It is usually considered to
involve the right of individuals and groups of individuals acting as
"legal persons" or corporations to trade capital goods, labor and
money."
You can regulate that without inhibiting it. E.g., "universal health
care" or socialized medicine is NOT capitalism. A regulated open
market, however, would be.
You talked about knowing what your options are... So let me throw out
this fiscally conservative gem:
To reduce government you have to reduce the supply of government. To
reduce the supply of government you have to reduce the demand. To
reduce the demand for government you have to empower people to solve
problems and make choices themselves.
So philosophically the question is this:
Do we want to work towards a society where citizens are dependent on
the government to make their decisions for them, or do we want to work
towards a society where people are empowered to solve their problems
in their own way by their own choice?
I, obviously, choose the latter. Therefore I oppose all forms of
expanded government such as Welfare, minimum wage, etc. And I argue
that the only reason these things are necessary is because we, as a
country, have done a piss-poor job of empowering our citizens to make
smart choices.
E.g., My property taxes went up 20% because the kids need high speed
internet and all kinds of other crap. Yet 95% will graduate not
knowing how to:
* manage their finances including credit, investing, a checkbook, etc.
* Career engineering including picking the right thing and/or
searching for the right thing.
- People have strengths and weaknesses: know them and love them!
* Business strategy and management tools that apply no matter WHAT you try do.
So what good are our kids at making choices? NOT GOOD! So where will
they turn to solve their problems? The government.
Show me somebody that wants the government to solve their problems and
I'll show you someone who doesn't know how to make educated decisions.
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