-Caveat Lector-
Ric Carter wrote:
Meanwhile, all the previous writers in this thread seem to
assume Capitalism is about fee-for-service, then argue whether
a State has a role in resolving disputes between contractor
and contractee.
MJ:
Non sequitur, strawman ... proving this person cannot reason
logically.
Ric Carter wrote:
T'ain't so. Capitalism is about acquiring and manipulating
CAPITAL, about owning and controlling the means of production
of material goods. Capitalism is thus about POWER. In
any non-trivial society, many conflicting interests will
contend for power, resources, influence; a representative
gov't serves as the lubrication between those interest, a
way for the social "machinery" to run without seizing-up
and melting-down. How well any specific gov't institutions
serves that purpose, is debatable.
Capitalism is the social system based upon private ownership of
the means of production which entails a completely uncontrolled
and unregulated economy where all property is privately owned.
But the separation of the state and the economy is not a primary,
it is only an aspect of the premise that capitalism is based
upon: individual rights. Capitalism is the only politico-economic
system based on the doctrine of individual rights. This means
that capitalism recognizes that each and every person is the
owner of his own life, and has the right to live his life in
any manner he chooses as long as he does not violate the rights
of others.
As demonstrated in the previous example no government intervention
is required; but more specifically, once the government steps in,
capitalism ceases.
Regard$,
--MJ
Property is prior to law; the sole function of the law
is to safeguard the right to property wherever it exists,
wherever it is formed, in whatever manner the worker
produces it, whether individually or in association,
provided that he respects the rights of others.
-- Frederic Bastiat
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