It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Don't believe me? Go out in the street today and try to convince strangers to give you their money. Then go to Starbucks and look at the streams of people walking in handing money over for a cup of coffee. Of the hundreds of people going into Apple stores buying phones and computers.
Originally posted by Jean Paul Zodeaux
reply to post by Germanicus
Do you have a PHD in rudeness. It is very telling.
The motto of this site is "Deny Ignorance". That doesn't mean to deny being ignorant, it means the members are encouraged to educate the ignorant. If you find that rude, particularly after creating a thread calling capitalists dummies, then you have more problems than ignorance.
Originally posted by seeker1963
Do I blame the owner of that small company for selling and making a profit? Nope, not at all. That is Capitalism! However, when that mega corporation takes said product and puts unhealthy ingredients into the product it bought and is able to mass market it to the people, (who most, don't even know the company had been bought and the quality of the product itself has changed) that I believe becomes more "criminal" than a part of Capitalism as it was intended to be....
Just my two cents on the whole thing....
Originally posted by Germanicus
reply to post by interupt42
Even a 'capitalist' must admit that western governments work against the people.
Originally posted by Jean Paul Zodeaux
reply to post by Germanicus
Corporatism predates capitalism by at least 440 years!
The word "corporation" derives from corpus, the Latin word for body, or a "body of people." Entities which carried on business and were the subjects of legal rights were found in ancient Rome, and the Maurya Empire in ancient India.[7] In medieval Europe, churches became incorporated, as did local governments, such as the Pope and the City of London Corporation. The point was that the incorporation would survive longer than the lives of any particular member, existing in perpetuity. The alleged oldest commercial corporation in the world, the Stora Kopparberg mining community in Falun, Sweden, obtained a charter from King Magnus Eriksson in 1347. Many European nations chartered corporations to lead colonial ventures, such as the Dutch East India Company or the Hudson's Bay Company, and these corporations came to play a large part in the history of corporate colonialism.
You must been on a full scholarship for that PHD in ignorance.
Capitalism runs on from mercantilism. Its hard to know where one ends and one begins.
Mercantilism is now known as an attempt to create trade imbalances between nations, as well as between colonies and their imperial rulers, so that one nation prospers at the cost of others. The word "mercantilism" also has a less known usage, which simply means the principles and methods of commerce. Mercantilism started as trade between towns, but it was not necessarily competitive trade. Originally, each town had vastly different products and services that were slowly homogenized by demand over time. After the homogenization of goods, trade was carried out in wider and wider circles: town to town, county to county, province to province, and, finally, nation to nation. When too many nations were offering similar goods for trade, the trade took on a competitive edge that was sharpened by strong feelings of nationalism in a continent that was constantly embroiled in wars.
During the age of colonialism and mercantilism, the nations seeding the world with colonies were not trying to increase their trade. Most colonies were set up with an economic system that smacked of feudalism, with their raw goods going back to the motherland and, in the case of the British colony in America, being forced to buy the finished product back with a pseudo-currency that prevented them from trading with other nations.
It was Adam Smith who noticed that mercantilism was not a force of development and change, but a regressive system that was keeping the world from advancing. His ideas for a free market opened the world to capitalism.
You claim all I have to offer is opinion and then you just keep spewing your opinions.
Mercantilism Main article: Mercantilism See also: Protectionism A nationalist form of early capitalism where national business interests are tied to state interests, and consequently, the state apparatus is utilized to advance national business interests abroad. An example of this is colonists living in America who were only allowed to trade with and purchase goods from their respective mother countries (Britain, France, etc.). Mercantilism holds that the wealth of a nation is increased through a positive balance of trade with other nations.
edit= mercentilism was not as bad as the corporatism of today. Capitalism just keeps getting worse doesnt it?
Originally posted by Jean Paul Zodeaux
reply to post by Germanicus
edit= mercentilism was not as bad as the corporatism of today. Capitalism just keeps getting worse doesnt it?
Corporatism is not capitalism and corporatism has nothing at all to do with free markets and the only fools calling corporatism capitalism are the ignorant socialists.
Especially to one who is so brainwashed that they continue to advocate for a system, socialism, that has FAILED everywhere is has been tried.