and he has read neither.

My favorite but in Wealth of Nations was where Smith points out that
capitalism is better than feudalism or slavery, since both slaves and serfs
need to be fed.

On Fri, Feb 5, 2010 at 2:30 PM, Judah McAuley <[email protected]> wrote:

>
> You are mistaking Communism/Fascism and Socialism, Sam. And you aren't
> even characterizing Marx correctly anyway. Marx was critiquing feudal
> economies where a ruling aristocracy controlled the flow of all capita
> and means of production, so that the people doing the producing
> (mostly agricultural back then) did not own those means of production
> (their farms) and instead lived off of whatever sops were thrown their
> way.  That system is just what you were describing...everyone in an
> area gets controlled by one leader (or a family of them) and that
> leader decides who gets what. Marx was against that.
>
> And Socialism at 21st century bares little relation to the words of
> Das Kapital, just like 21st century Capitalism bears little
> resemblance to The Wealth of Nations. And yes, I've read both.
>
> On Fri, Feb 5, 2010 at 1:22 PM, Sam <[email protected]> wrote:
> >
> > Everybody's money and property goes into a pot and dear leader decides
> > who gets what.
> >
> > On Fri, Feb 5, 2010 at 4:18 PM, Scott Stroz <[email protected]> wrote:
> >>
> >> Well, then what is the 'ideal' socialism?
> >>
> >> On Fri, Feb 5, 2010 at 4:08 PM, morgan l <[email protected]> wrote:
> >>>
> >>> That is the demon that hard-line conservatives paint Socialism as, but
> is
> >>> far from the truth of the ideal of Socialism.
> >>>
> >>>
> >
> >
>
> 

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