Difference between revisions of "Capitalism"
From Critiques Of Libertarianism
Line 1: | Line 1: | ||
<!-- you can have any number of categories here --> | <!-- you can have any number of categories here --> | ||
− | [[Category: | + | [[Category:Ideology|700]] |
[[Category:Institutions|100]] | [[Category:Institutions|100]] | ||
− | [[Category: | + | [[Category:Capitalism, Markets and Laissez-Faire|100]] |
− | {{DES | des = Capitalism (and [[entrepreneur|entrepreneurship]]) are based upon the coercion that creates rights. Capitalism, like fire, is most valuable when it is used for desired purposes ([[Deregulation|regulated]]), not burning indiscriminately. | + | {{DES | des = Capitalism (and [[entrepreneur|entrepreneurship]]) are based upon the [[coercion]] that creates [[rights]]. Capitalism, like fire, is most valuable when it is used only for desired purposes ([[Deregulation|regulated]]), not burning indiscriminately. Without strong regulation, capitalism is responsable for [[Colonialism and Imperialism|colonialism, imperialism]], [[Governments are just the biggest mafias.|mafias]], [[slavery]] and many other atrocities. Capitalism always exists as a part of a [[Mixed Economy]] or [[Social Democracy]]. Bartering and other exchanges, even in markets, do not make capitalism: private ownership of the means of production does. Indeed, [[markets]] are not distinctive to capitalism; they exist in all economic systems more sophisticated than a hunter-gatherer economy. A major problem of capitalism is that generally the upper classes rob the lower classes. | show=}} |
<!-- insert wiki page text here --> | <!-- insert wiki page text here --> | ||
+ | |||
+ | Frequently it is claimed that [[capitalism]] is responsible for alleviating world [[poverty]]. Yes, some. But Communism was also successful at alleviating poverty in the Soviet Union and China. [[Science]] (mostly publicly funded), public [[Education]] and [[Democracy]] can also take credit as well. Attributing it all to capitalism is [[Greedy Reductionism|greedy reductionism]]. | ||
+ | |||
+ | Some, like [[Thomas Sowell]] misrepresent capitalism as merely trade. "Capitalism... is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to." | ||
<!-- DPL has problems with categories that have a single quote in them. Use these explicit workarounds. --> | <!-- DPL has problems with categories that have a single quote in them. Use these explicit workarounds. --> | ||
<!-- otherwise, we would use {{Links}} and {{Quotes}} --> | <!-- otherwise, we would use {{Links}} and {{Quotes}} --> | ||
{{List|Capitalism|links=true}} | {{List|Capitalism|links=true}} | ||
{{Quotations|Capitalism|quotes=true}} | {{Quotations|Capitalism|quotes=true}} |