Difference between revisions of "Capitalism"
From Critiques Of Libertarianism
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[[Category:Ideology|700]] | [[Category:Ideology|700]] | ||
[[Category:Institutions|100]] | [[Category:Institutions|100]] | ||
+ | [[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 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=}} | {{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=}} | ||
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