Blade_Runner wrote:
No point in arguing with an uneducated simpleton, especially one who can't ask the right questions.
Try this:
Capitalism is often compared to other forms of governance, especially when the benefits of capitalism are discussed. The reason is that other forms have tried — and failed — to produce the kinds of economic and social success that capitalism brings. So capitalism isn’t just a “better” alternative to things like communism, socialism or even feudalism; it’s the “best” alternative. Here’s why.
{b}Good Health{/b}
Thanks to the benefits of capitalism, every man, woman and child has the opportunity to eat fresh, wholesome foods every day. If you have an interest in a certain diet, like veganism, keto, gluten-free or paleo, you’re not only free to pursue that, but you have the variety of food choices available in grocery stores around the country. You also have the chance to exercise at will. Gyms are available everywhere, and they offer an astounding array of exercise facilities that cater to any number of fitness desires like spinning, kickboxing, Tai Chi, dance, and more. That’s all due to the fact that gyms can make money and profit from hiring trained instructors and selling gym memberships.
{b}Social Contribution{/b}
It’s a misconception that capitalists lack a social conscience and that socialism — and altruism — are the only ways to guarantee social goodness. There are many, many companies that operate under capitalism that make significant social contributions. One obvious example is the Newman’s Own company. While profits go to charity, the company’s management and employees are well and fairly compensated for their hard work. Other employees and companies contribute to the social good, too. Even hairdressers contribute to a person’s sense of well-being. Governments operate programs that help underprivileged citizens. And tech giants contribute majorly to the employment market by sponsoring job training and hiring newly graduated kids out of college.
{b}Professional Services Choice{/b}
Capitalism provides for a choice in professional services. Every person can pick and choose whoever they want to work for them. If you don’t like one company or the services it offers, you’re free to shop around and hire a company that gives you what you’re looking for in terms of professional services.
{b}Healthy Competition{/b}
One of the biggest benefits of capitalism is healthy competition. Competition makes everyone better. When companies compete for business, they’re forced to provide a better variety of services or expanded services and give better customer service. Competition encourages growth. It encourages a company to find ways to improve, to not stand on its laurels and to reach for new heights of achievement. Competition is part of human nature. As long as humans compare themselves to others, there will be inherent competition in everything people do. In that way, capitalism is also an inherent part of being human.
{b}Personal Freedom{/b}
Capitalism ensures the personal freedom to pursue your own dreams and goals. If you want to have a certain career, you’re free to take classes and enter that career, all thanks to capitalism. The classes will be available to you, and you’ll be allowed to hang a shingle for whatever business you want to go into. If you want to simply live in a cabin in the woods, you can do that, too. Personal freedom like this is only available in a capitalist society.
Ownership and Opportunity
With capitalism, you have the option of owning something, such as land, and turning that property into an opportunity, such as a farm, a rental property, or even an oil field, if the conditions are ripe. Ownership and opportunity are key features of capitalism. Without them, the future is severely limited.
No point in arguing with an uneducated simpleton, ... (
show quote)
Just now I've created a new Original Post. It has the title "Capitalism". So you can post about Capitalism there and it will match the subject heading.
I had mentioned Capitalism in the present thread in response to a poster who said "Hypocrite" without explanation, but I think he was calling me a hypocrite; and I didn't like that; and I remembered a recent long discussion with that same person about Capitalism (which he (or she) had brought up), and, recalling that discussion, I thought: if somebody here's a hypocrite, maybe it's him.
We're pretty far from the subject of the Original Post, but I notice I was the one who made the Original Post, anyway, so I guess I can do whatever I want in the thread.
Now back to your post:
You say, "uneducated simpleton". That's not helping the discussion. It just gives me an easy excuse to ignore you.
You say, "No point in arguing", and then you proceed to give a moderately long argument! You're pretty free with your insulting rhetoric ("No point in arguing with an uneducated simpleton"), apparently ready to sprinkle it around at the drop of a hat whether it makes any sense or not.
"Capitalism is often compared to other forms of governance". Who thinks Capitalism is a form of governance? I regard Capitalism as an economic system, and not a form of governance. I believe that in fascism the economic system overlaps more with the form of governance, such that the two are more inseparable from each other.
Here is the rough outline I use: Two of the possible forms of government are: dictatorship and democracy. Two of the possible economic systems are: capitalism and socialism. Considering only those, there would be (at the outset) four combinations possible:
a). dictatorship and capitalism
b). dictatorship and socialism
c). democracy and capitalism
d). democracy and socialism
I regard Russia as closer (than most countries) to dictatorship-and-capitalism-and-socialism. (Its economic system is a mixture of capitalism and socialism. It's often called communist, but communism is related to socialism, and I'm just using the more general term socialism instead of bothering to distinguish communism and socialism from each other.)
The U.S. is closer (than Russia) to democracy-and-capitalism. It has some socialism, but less than Russia has.
Scandinavian countries are close to democracy-and-socialism-and-capitalism, and are more socialist than the U.S. is.
"Thanks to the benefits of capitalism, every man, woman and child has the opportunity to eat fresh, wholesome foods every day." Not really.
"Competition is part of human nature." That's literally true. Do you think cooperation is also part of human nature?
"If you want to have a certain career, you’re free to take classes and enter that career, all thanks to capitalism." --
In some countries, education is free of charge. Vietnam's like that.
Vietnam has a mixture of capitalism and socialism. The whole country's been officially "communist" since 1975 and is more like a dictatorship whereas the U.S. is more like a democracy.
One person in South Vietnam, who is about 65 or 70 years old now, raised a family of 6 children, as a private small-business owner, in South Vietnam. The government disapproved of large families but he was able to have a family the way he did and operate the way he did by not taking a government job.
Now that they have grown up, at least some of his children do have government jobs now. At least two of them are teachers. At least one of them teaches in a university.
"Ownership and opportunity are key features of capitalism. Without them, the future is severely limited." --
"opportunity" is surely needed, but that's a tautology. It doesn't really say anything.
So you're saying that ownership is a key feature of capitalism, and that without ownership, the future is severely limited.
If you had said "tenure" instead of "ownership", I might have agreed with you. --
Then the statement would become:
"Tenure is a key feature of capitalism. Without tenure, the future is severely limited." I think that might be literally true; however, tenure might exist without capitalism.
I am thinking about land. Land is a very elemental means of production. Generally speaking, people need land if they are to grow food, for example.
In the U.S. one of our taxes is a tax on the land (what I'd call "raw land" (more technically I've heard it called "the site value of land")); and another of our taxes is a tax on the developments that have been made on the land (such as buildings).
If a person fails to pay the tax on the raw land, then the person will lose the land, which reverts to the government.
So we have a tenure system: as long as the person keeps up the raw land tax payments, s/he gets to keep using the land and can even forbid other people from going on that land. Since our raw land tax is low, it is easy to think of this as private "ownership" of land, rather than to think of it as "tenure" of land.
There is another way to think about this very important thing, land: We could regard land as belonging to the great mass of people ("the People"), and then there are "landholders" who have "tenure" to the plots of land that they pay raw-land tax on. They pay the raw-land tax to the "government". In a government "by" and "for" the people, the government represents the people and reflects the will of the people. The raw-land tax compensates the People for the private use of the People-owned land. (Or, if the raw-land tax is low, then maybe it only _partially_ compensates the People.)
As I mentioned, the raw-land tax is low (in the U.S., at least). In the U.S. most (or at least, a very large part of the) tax revenue comes from taxing people for earning, not so much from taxing people for holding land.
That situation could, someday, be the other way around: then in that case, most of the tax revenue would come from taxing people for holding land, and not from taxing people for earning.
Regarding "Capitalism", I think your definitions (after trimming away some gratuitous rhetoric) have been close to the mark (at least approximately), but maybe don't go very deep into significances.
I haven't tried to define "Capitalism". But I think I know at least two of its characteristics: 1. Capitalism is closely associated with a concept known as "ownership". 2. Capitalism involves accumulations of "Capital".
I feel agreeable to the idea that a society could have some capitalism and some socialism in it. It would be some sort of mixture of the two.
I have two definitions of "socialism". (By the way, I'm spelling it either way, with capital S or lower-case s, interchangeably.) For me, both of these definitions are true:
(A): Socialism is an economic system in which the workers own (or have tenure to) the means of production.
(
I just recently thought of the "or have tenure to" part.
When I say, "Socialism is an economic system in which the workers own the means of production", I am thinking of a means of production which is a factory or equipment or a building.
I think that socialism might also include private _ownership_ of _land_ (though I'm not quite sure about that yet) but I usually prefer to think of land as belonging to all the People en masse, with landholders having _tenure_ to the land.
)
(B): Socialism is a general idea of benefitting the mass of People as a whole.
(More emphatically, the _purpose_ of socialism is to benefit the mass of People as a whole, and the idea of socialism is _directly_ aimed to accomplish that.).
(The reader will please not be confused by commonly blurred thinking. In the U.S., the thought of "socialism" (along with "communism") is conceptualized as being closely associated with dictatorship. In the world, socialism really does sometimes, though not always, occur closely together with dictatorship, as in some aspects of Russia and China and maybe Vietnam. But the concept of socialism and the concept of dictatorship are two different concepts. It is important not to blur them together in the mind. They are distinct concepts. The two phenomena may or may not occur together in the world, but even when they do, they are not the same thing as each other.)
So, for me, socialism is a word with two meanings ((A) and (B)), which are related to each other and compatible with each other. It's like some words have multiple meanings in the dictionary, and usually the different meanings are somewhat similar to each other.