-Caveat Lector-

"M.A. Johnson" wrote:
>
>  -Caveat Lector-
>
> MJ:
>    I contract with you ... I pay you $20, you paint my front porch.
>    THIS is capitalism.
>
>    Where is the state you were requiring?
>
> Das GOAT wrote:
>    First off, it's NOT capitalism.  It's simply an economic
>    exchange -- "barter," mediated by money, i.e., a transferable
>    "right" to goods at value, "earned" by labor, traded for labor.
>
>    Now, if you contracted with me to paint your front porch,
>    it cost me $20 in labor and materials to do it, and you
>    only paid me $10 --making MONEY "FOR NOTHING," but your
>    PROFIT of $10 only paid for by MY loss-- THAT would be
>    capitalism.
>
> MJ:
> No force here only your stupidity in contracting without concern
> for you benefit -- unless of course it was your intention for
> charity.

Serious flaw here buddy. Even stupid people have the right not to
be ripped off by sharpsters.

>
> 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.

It's not a social system, but an economic system. It also happens
to be an economic system that rots the social system it coexists
with. This country is a good example of that. Post communist Russia
is an even better example of that. Crime and corruption are the
indicators of rot in a social system. Need I say more?

> 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.

So then it is OK in your opinion to choose an economic system other
than capitalism if enough of us use our individual rights to do so.
Isn't that correct? And if that should happen, all you hard core
rugged individualists would be free to leave this country and move
to Russia where true Capitalism flourishes.

Have a nice trip. Dress warmly, and don't forget your gun.

Bon Voyage mon ami,

Joshua2

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