Post
Topic
Board Economics
Re: Is Bitcoin failing?
by
samjtemp
on 07/01/2014, 20:46:27 UTC
"Capitalism about freedom.  The true test for people is if they support freedom or they support force.  Capitalism (not crony-capitalism) is voluntary. "

This argument is the same as Christians, Communists, Marxists, and even Fascists all use to justify their group. You wash your hands clean by claiming all negative attributes of the ideology "aren't REALLY us, it was our idea being twisted."

Can somebody point to any period in human history where "Free Trade Capitalism" existed without a heavy reliance on slavery, child labor, mass inequality?

None? That tells me all I need to know about Capitalism where you must have a winner and loser.

When the winner no longer has any competition their next step is to manipulate the society so future competitors can no longer challenge them. This is when it becomes "Crony".

What about when your born into a rich family that owns the Government, the police, the maffia, and the businesses. You get the social connections, the best schools, private trainers, and wealth while I am
born into a family of poverty with a worthless school and none of the above so that I can go to work in one of your factories.

Technically "it's volunteer" but not really.


There are flaws with all of these Government systems. No good solution has been found.