"... On Jan 24, 1:04 am, archytas <[email protected]> wrote: ..."
> Gruff - when you say "capitalism creates a lot of wealth" - how would > that statement unpack? I take it both of us would reject idiot Mao- > Stalin type centralised control, but Singapore does rather well with a > dictator. I bring horseshit home, let it rot and then did it in deep > - this creates some really nice vegetables which I really do think is > a form of wealth. The horseshit may come from a capitalist horse. > You think deep and it seems glib to say the stuff in quotations - we > all do this a lot, working with potentially very false language. I > guess there's some point in science where you realise almost > everything you think with has to go - we just don't get near this in > our ordinary lives. What is this "capitalism" that creates "wealth" - > in some ways these could be pathetic undergraduate questions, but I > really suspect we can't get down to real argument about what we should > be doing because we have really false understandings. Capitalism to my understanding is identified and characterized by the private individual ownership of land, labor and capital and the ability to buy, sell and trade in a marketplace. When a nation establishes and protects its citizen's rights to own land it has established the underlying basis of a capitalistic society. Ownership of land promotes the use of that land for commercial purposes such as growing those nice vegetables and other more esoteric items which then initiates the capitalistic practices of the distribution and exchange of goods and services for profit which in turn creates wealth. I don't believe capitalism and central control can co-exist and while places like Singapore, China and Russia may attempt to create capitalism within the structure of their dictatorships, that attempt will eventually lead to the destruction of central government control and the creation of a democratic state or something close to it. I believe this falls under the rubric of creative destruction as noted by Alan Greenspan. /e --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/Minds-Eye?hl=en -~----------~----~----~----~------~----~------~--~---
