Re: My bank account's got robbed by European Commission. Over 700k is lost.
That is not capitalism, it is fascism or socialism or, as someone said above, crony capitalism:
Capitalism is a social system based on the principle of individual rights. Politically, it is the system of laissez-faire (freedom). Legally it is a system of objective laws (rule of law as opposed to rule of man). Economically, when such freedom is applied to the sphere of production its result is the free-market.
-- http://capitalism.org
Oh, he does own his own money. It's just that the capitalists have agreed that rather than make them pay for their wrong doings, it's better to make everyone else pay instead.
Think of it as the application of the Golden Rule. He who has the gold, makes the rules and in this case, the new rule was that his money was to be 'borrowed on a permanent basis'.
Capitalism is a social system based on the principle of individual rights. Politically, it is the system of laissez-faire (freedom). Legally it is a system of objective laws (rule of law as opposed to rule of man). Economically, when such freedom is applied to the sphere of production its result is the free-market.
-- http://capitalism.org
capitalism works if you actually own the thing you claim you are capitalizing on ! 
Oh, he does own his own money. It's just that the capitalists have agreed that rather than make them pay for their wrong doings, it's better to make everyone else pay instead.
Think of it as the application of the Golden Rule. He who has the gold, makes the rules and in this case, the new rule was that his money was to be 'borrowed on a permanent basis'.