Capitalism is not a magical system. It is a system under what men can earn profit from their actions. It is nothing more or nothing less. It is the logical way.
Capital is not something like butter you put on bread. Capital is earned. In a natural free market some portion of the population receive far more then others but that is because of talent as it should be. One of the big mistake classical liberals and libertarians make when debating statists/socialists is trying to show that it’s a good thing. It is how it is and it cannot be changed. Capital uneven distribution is normal. Freedom and liberty itself do not create vast material inequality but people themselves do. Any person can make a good living if him/her puts her mind to it and is willing to put in the extra effort. It all depends how much are you able to produce. Today’s well to do men live better then kings of yesterday. Under a truly free economic system capital difference could actually be smaller since there would not be any incentives created by the state to not have people working. It could be by government contracts or just ''friendly'' legislation. 20 and 21 century are unique since we have unemployment and a lack of work force. This situation has never before happened during history. ’’Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism, on the contrary, works on the emotions, tries to violate logical considerations by rousing a sense of personal interest and to stifle the voice of reason by awakening primitive instincts.’’ - Ludwig von Mises Urmas > > On 11/17/2005 00:30, Deus Ex Machina wrote: > > > > > > > > > Terry L Parker [EMAIL PROTECTED] wrote: > > > > > > > > > > > > > > In its most generic sense, capitalism tracks the flow though > > > > > > > an enterprise of identifiable values, almost always measured > > > > > > > in money, and especially for the benefit of owners and/or lenders. > > > > > > thats rather limited view in itself. in fair value exchange both sides > > > > > > come out ahead. so not just especially the value of owners, but customers > > and > > > > > > staff as well. the sum of the value created for customers is equal to > > > > > > the cash the shareholders (less expenses) end up with. > > > > > > the beauty of this balance is that owners can get ahead very fast by > > > > > > creating a lot of value for others. > > > > > > it is in fact a general principal that free and fair systems produce > > > > > > vastly unequal distribution of outcome. and that really urks the > > > > > > liberals/socialists. they focus on the outcome and apply hatred to the > > > > > > causes regardless of the fact the causes are freedom and fairness. > > > > > > it is very important to understand that freedom and liberty do create > > > > > > vast material inequality and that is the way it should be. > > > > > > Vic > > > > > > ForumWebSiteAt http://groups.yahoo.com/group/Libertarian > > > > > > > > > > > > > > > > > > > > > SPONSORED LINKS > > > > > > > > > > > > > > > E government > > > > > > > > > Libertarian > > > > > > > > > E government strategy > > > > > > > > > > > > > > > Libertarian party > > > > > > > > > E government procurement > > > > > > > > > > > > > > > > > > > > > > > > YAHOO! GROUPS LINKS > > > > > > Visit your group "Libertarian" on the web. > > > > > > To unsubscribe from this group, send an email to: > > > [EMAIL PROTECTED] > > > > > > Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. > > > > > > > > > > > > > > [Non-text portions of this message have been removed] > > ForumWebSiteAt http://groups.yahoo.com/group/Libertarian > > > > > > > SPONSORED LINKS > > > > > E government > > > Libertarian > > > E government strategy > > > > > Libertarian party > > > E government procurement > > > > > > > > YAHOO! GROUPS LINKS > > Visit your group "Libertarian" on the web. > > To unsubscribe from this group, send an email to: > [EMAIL PROTECTED] > > Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. > > > > [Non-text portions of this message have been removed] ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/KlSolB/TM --------------------------------------------------------------------~-> ForumWebSiteAt http://groups.yahoo.com/group/Libertarian Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/Libertarian/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
