The phrase "Capitalism, for all its flaws" is mistaken. Capitalism is the implementation of the right to own what one has created. Producers, those who create, are held to be evil for failing to give away what they have produced. Some people manage to overcome the desire to steal from the producers, but the thought in the mind of many is that the producers are the thieves.
The opposite of capitalism is called "eating the seed corn" in which next year's potential crops are destroyed by this years hungry mouths.
We don't have capitalism, but instead a watered-down version of it. I've not looked at it recently, but it seems that the country of Argentina might be into adoption of capitalism. President Milei has at least begun starving out the eaters if seed corn who've infested his country's government for a very long time.
You're welcome and Happy Independence Day! Don't throw away the term "capitalism" yet, as it is used very well in many places such as Ayn Rand's "Capitalism: The Unknown Ideal".
Love the article, great job at relaying ignorance to fact (outcome). The same type of article could be written about our representatives in the government, thier rehetoric verus their actions or lack of, and their results. The history books on Trump should be required study for future generations, but we all know that the publishing industry too has all been educated by the colleges of today. What will those books really reflect?
I think I appreciate Trump for being a dooer, he does what he says and what needs to be done. I can pat myself on the back for doing that in my job. My peers used to somehow always tranfer people into my branch when they need firing. I was the only one that fired those that needed it. It eventually resulted in me rmanaging all the branches in our regional area. I had to attend a few legal depositions along the way, but I always won by having good backup documentation (facts).
Thank you Commander and mccannon01. This July 4th morning me dino learned something new. Down with Marx's "capitalism" term of which I had no idea. Up with "free enterprise."
"Remember, Marx is the one who invented the term "capitalism"." I always attributed this to the old saying, "Even a blind squirrel gets a nut now and then." I don't think he really understood what he was saying. He was just a drunken ne'er-do-well looking for free stuff. Frederich Engels was a self-loathing spoiled rich kid that could supply the free stuff. A marriage made in hell.
Remember, Marx is the one who invented the term "capitalism". Marx never thoroughly addressed free enterprise. And ..... to be fair .... I never embraced Rand using the term.
From Charles Tips; Quora. "What do you call, a combination of both capitalist and socialist ideas?
The proper term you are looking for is “free enterprise,” which some people call by the mistaken Marxist term of “capitalism” he conjured up as the evil force his communism would prevail over.
Free enterprise (alone among economic systems) creates wealth but also distributes that wealth widely to those in need. That latter part is indeed socialism (though not the “state socialism” usually implied) and it arrives primarily in the form of 501(c) charitable giving, which amounts to half a trillion dollars a year in the US lately. There is also a great deal of political redistribution of government funds, though that is less socialism… more at “vote buying.”
👍👍👍 To a rational mind, results matter. Therefore, for socialism to be accepted, no rational thought must be taught or allowed. Thank you for writing and posting this.
and that is why schools have been not teaching history, thinking for years and years
to kill the ability of people to THINK
The opposite of capitalism is called "eating the seed corn" in which next year's potential crops are destroyed by this years hungry mouths.
We don't have capitalism, but instead a watered-down version of it. I've not looked at it recently, but it seems that the country of Argentina might be into adoption of capitalism. President Milei has at least begun starving out the eaters if seed corn who've infested his country's government for a very long time.
I think I appreciate Trump for being a dooer, he does what he says and what needs to be done. I can pat myself on the back for doing that in my job. My peers used to somehow always tranfer people into my branch when they need firing. I was the only one that fired those that needed it. It eventually resulted in me rmanaging all the branches in our regional area. I had to attend a few legal depositions along the way, but I always won by having good backup documentation (facts).
Down with Marx's "capitalism" term of which I had no idea.
Up with "free enterprise."
The graphic would be better with the Heads to the side and the students going through on the conveyor.
But the title. Right On!
TL;DR the rest.
From Charles Tips; Quora.
"What do you call, a combination of both capitalist and socialist ideas?
The proper term you are looking for is “free enterprise,” which some people call by the mistaken Marxist term of “capitalism” he conjured up as the evil force his communism would prevail over.
Free enterprise (alone among economic systems) creates wealth but also distributes that wealth widely to those in need. That latter part is indeed socialism (though not the “state socialism” usually implied) and it arrives primarily in the form of 501(c) charitable giving, which amounts to half a trillion dollars a year in the US lately. There is also a great deal of political redistribution of government funds, though that is less socialism… more at “vote buying.”
To a rational mind, results matter.
Therefore, for socialism to be accepted, no rational thought must be taught or allowed.
Thank you for writing and posting this.