Difference between revisions of "Capitalism"
From Critiques Of Libertarianism
Line 2: | Line 2: | ||
[[Category:Ideology|700]] | [[Category:Ideology|700]] | ||
[[Category:Institutions|100]] | [[Category:Institutions|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. For example, as part of [[Mixed Economy]] or [[Social Democracy]]. Bartering and other exchanges, even in markets, do not make capitalism: private ownership of the means of production does. 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. For example, as part of [[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 --> | ||
<!-- 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. --> |