> We are all Capitalists, until the Market comes after the stuff we love.
replyAnyone with half a brain isn't a "Capitalist" (with a big C, like in your example) which is why every single prosperous nation (including USA) regulates markets to avoid destruction of their prosperity and society.
Colloquial "capitalism" today is just cronyism that in no way resembles the capitalism that Adam Smith wrote about. We really should move towards Rhine Capitalism, the only system that has stood the test of time and truly benefits everyone.
replyAdam Smith wrote about the invisible hand and let the free market run. What ended up happening?
replyHe also wrote about the problem with monopolies, but that was later on in his book so we forgot to do that part so the market isn't properly free.
reply>We are all Capitalists
reply1/ speak for yourself
2/ where is your capital and your means of production? Your machines? Your factories? Your raw materials, your tools? How long do you survive tomorrow when you quit your job and you have no other income?
You're not a capitalist. You're just a consumer for them to suck dry. The faster you learn it, the better off you will be.
You are right. People are misusing "capitalist" to mean someone who favours a capitalist system, where as it actually means someone who posses capital; someone whose relies on possession of assets rather than earned income.
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