Capitalism is a system by which those with material possession of resources enter into a contract with those who have the means to provide labor, by which both are able to share in the profit of the joining of labor and resources.
It is one defining trait in how a society functions, and yet, if you are an anti-capitalist, it is likely the only one you will see. On Tue, Jan 27, 2009 at 5:48 PM, chazwin <[email protected]> wrote: > > > > On Jan 27, 6:35 pm, gruff <[email protected]> wrote: > > "... On Jan 26, 3:28 am, Vamadevananda <[email protected]> > > wrote: ..." > > > > > Capitalism is above all about freedom ... ... to own resources, to > > > make use of those resources to accumulate capital, to make use of the > > > capital to create wealth. Being most of all about freedom, capitalism > > > natural accompanies a democratic polity, and vice versa. > > > > Well said, Vam. A point I sorely missed in my response to Archytas > > The freedom to sack workers at a whim, to pay them as little as > possible; to maximise profits; to lead to the polarisation of wealth, > to be free of taxation. to minimise government: reducing eduction, > roads, police, fire-service; to be free to invade other countries, to > be free to monopolise; to be free to ultimately create a situation > where 90% of the population is uneducated and enslaved whilst 9% serve > the 1% who own the wealth. > That is the consequence of unbridled unregulated capitalism. > > The evidence of the last 150 years since the ideas of socialism > started to become policy realities is that we have left behind > the"work-houses", and the starving mud-larks; we have left behind the > aristocracy with all the wealth and power; we have gained greater > access to the ballot box, education for all, and work place > legislation, minimum wage, employment rights etc... This has been > achieved by controlling the worst excesses of capitalism and providing > a progressive taxation system. Let's not forget which side of the > political fence has provided all this and which side will get us out > of this fucking mess as it did after the crash of 1929. > > > > > --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
