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Capitalism: The Foundation of Human Life and Morality
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RE: Capitalism: The Foundation of Human Life and Morality
Quote:Free market capitalism is freedom, and inevitably, it will prevail.[quote]

Then why hasn't it done so? If capitalism is, as you claim, the foundation of human life and morality, then why hasn't every society in existence become capitalistic?

I don't know you at all, mate, but you seem to have inheritied Karl Marx's gift for guessing wrong about history. Marx felt that the State would gradually wither away, and you seem to think that all human society will eventually lock into some sort of imagined pure free market. Either of these eventualities is about as likely to occur as buying filet of unicorn at your local butcher.

Most people seem to live best and prosper best under systems where a free market is tempered by a limited socialism. Most developed nations have controls in place to at least try to keep shoddy goods, unsafe foods and meds, and dishonest workmanship out of the marketplace. Under your totally free market approach, I would have no recourse if (for example) my new roof fell in on me a week after construction.

My own situation is a pretty fair example of my point. In one sense, I'm the purest of capitalists: I manufacture a range of products, for which I charge as much as I possibly can. So, on a local, personal level, I'm in the purest of free markets. This balances with the fact that, if I'm sick or injured, I can walk into any clinic or hospital and be taken care of with out spending a penny. Thus, on the national level, I'm a socialist.

So, I think that the 'foundation of human life and morality' isn't so much capitalism as it is a min-max of personal freedom and social responsibility.

Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax
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RE: Capitalism: The Foundation of Human Life and Morality - by BrianSoddingBoru4 - July 27, 2013 at 7:24 am

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