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Originally posted by mnemeth1
A person can own physical land through a few means:
1. purchasing the rights to the land through voluntary contract
2. through the mechanism of homesteading
If land is not being put to use over time, then the property reverts back to a state of "no ownership".
Originally posted by 46ACE
Of course "Direct democracy" equates to"mob rule";and 51% can vote anything they want from the other49%. An issue addressed by a constitutional republic( where individual rights are supposed to suercede the "rights of the state".
Originally posted by Arcane Demesne
Originally posted by mnemeth1
A person can own physical land through a few means:
1. purchasing the rights to the land through voluntary contract
Contract with whom? Society, if one exists within that domain? or non used land with which the contract unnecessary (homesteading)?
2. through the mechanism of homesteading
If land is not being put to use over time, then the property reverts back to a state of "no ownership".
That's how mutualism (and to some extent socialism) works. Land isn't owned, it in 'possessed until unused'. That is not capitalism. Capitalism would ensure that land to the homesteader, and allow him to move out and charge rent, (the land and house are now capital). That's where socialism would find the distinction I believe.
Originally posted by mnemeth1
reply to post by 46ACE
One says that capitalism requires a State, which is incorrect. It simply requires a mechanism to protect property rights, which can easily be accomplished by private security guards and insurance companies.
The other is that capitalism leads to wealth disparity, which is also incorrect. I think he gets this notion from the current state of our economy, however the current state of our economy reflects a quasi-fascist system, not a free market system.
In a free market system, each person keeps the wealth of their labor in exact proportion to what they produce. So what you see are those who produce the most will have the most, while those who produce the least will have the least.
This is a completely fair arrangement.
Further, because each person in society is necessarily forced into productive behavior under a capitalist system, wealth disparities are minimized.
We can see this CLEARLY in America's own historical data. When the country was more capitalist, wealth disparity was at its lowest and productivity was at its highest.
I might also add that we see wealth disparities skyrocket after the creation of the federal reserve system. - specifically after the gold standard was eliminated.
Originally posted by mnemeth1
Free market capitalism is nothing more than voluntary trade agreements between people, nothing more and nothing less.
Originally posted by Arcane Demesne
Originally posted by mnemeth1
Free market capitalism is nothing more than voluntary trade agreements between people, nothing more and nothing less.
That is free markets, but capitalism is the private ownership of the means of production. Which is fine, so long as those within the commune all adhere to that same principle, and agree to what can and can't be 'owned'.
Originally posted by mnemeth1
reply to post by Arcane Demesne
Capitalism = free markets, end of story. Anything else is a leftist lie.
Originally posted by Arcane Demesne
Originally posted by mnemeth1
reply to post by Arcane Demesne
Capitalism = free markets, end of story. Anything else is a leftist lie.
Come on now. I friend-ed you a long time ago because you had a good head on your shoulders, and now you won't even agree to the definition of capitalism. We can do better than this.
Originally posted by mnemeth1
A socialist commune in which everyone agreed under contract to work for the benefit of the commune is fine, however the commune could not rightfully seize a private factory existing next door to it.
And the water argument is ridiculous on its face since the owner of a well would sell the water, not horde it. Further, its so far removed from reality that debating it is pointless.
Originally posted by mnemeth1
Your definition of capitalism is based on word smithing and deceit.
Anarcho-capitalism necessarily means free market capitalism.
Free market capitalism necessarily equates to free markets and voluntary contracts under private ownership.
Any interjection of force or State control is not capitalism.