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no kidding ?
Cooperation isn't just a byproduct of competition
they do now, they didn't use to.
Capitalists incorporate to protect their interests
According to Braudel, the first identified use of the term capitalist was in 1633. By the late 1700s it had come into use as a name for private handlers of money for private financial gain.
Adam Smith published his seminal thesis The Wealth of Nations in 1776. Clearly the term capitalism was unknown to him.
at least someone understands the principle behind capitalism
An economic system in which private ownership is broadly distributed such that almost every person has an ownership stake in in his or her home and the business on which his or her livelihood depends is one thing.
which is what Corporations brought to America, courtesy the Rockefellers.
An economic system in which ownership is concentrated in the hands of a few thousand people is quite another.
which capitalism isn't, never was and shouldn't be mistakenly blamed for the damages corporatism has brought upon societies everywhere.
Capitalism, understood as a concentration of economic power,
capitalists know this, that's why corporatism has become so popular.
Real self-ownership must mean that the worker keeps all that they produce
reply to post by TrueBrit
And for anyone who thinks that thier favoured method is surely the most beloved of those who love freedom, I say to you this. No one, no man woman or child who has EVER lived under governance, has lived free. Therefore, none are worthy or qualified to recognise freedom when they see it.
Originally posted by HUMBLEONE
IMHO you shouldn't favor either, they are both designed to enslave you and incidently capitalism will eventually make the entire planet uninhabitable...the commies? Probably line us all up against the wall and shoot us. "There is no government like no government" (man I'm just a ray of sunshine today aren't I?)
Originally posted by crankySamurai
I agree with no government. I also agree with self ownership (private property) and non initiation of force. These two concepts along with no government equal free society. The type of economy which would grow out of this is called laissez-faire capitalism. It means free people... that simple...
Originally posted by Honor93
when you admitted this ... "Communism and socialism mean the same thing BTW".
i missed it on the first read. now, why would you continue to infer they are different, when you've already stated they are the same ?
Marx and Engels used the terms Communism and Socialism to mean precisely the same thing. They used “Communism” in the early years up to about 1875, and after that date mainly used the term “Socialism.” There was a reason for this. In the early days, about 1847-1850, Marx and Engels chose the name “Communism” in order to distinguish their ideas from Utopian, reactionary or disreputable movements then in existence, which called themselves “Socialist.”
In the anarchist, Marxist and socialist sense, free association (also called free association of producers or, as Marx often called it, community of freely associated individuals) is a kind of relation between individuals where there is no state, social class or authority, in a society that has abolished the private property of means of production. Once private property is abolished, individuals are no longer deprived of access to means of production so they can freely associate themselves (without social constraint) to produce and reproduce their own conditions of existence and fulfill their needs and desires.
In the context of economics "private property" does not mean your personal property, it means economic property. The property, buildings, machinery, capital, that is used to exploit labour to make profit for private owners, capitalists. It is not your personal property.
Originally posted by crankySamurai
There is no difference in the property described. If you actions produce a house or a factory it still belongs to the producer.