by Gaddafist Libya » Fri Sep 07, 2018 11:52 pm
by Phoenicaea » Fri Sep 07, 2018 11:59 pm
by Cosmopolitan borovan » Sat Sep 08, 2018 1:52 pm
by Gaddafist Libya » Sat Sep 08, 2018 2:28 pm
Cosmopolitan borovan wrote:Capitalism is free enterprise. It permits the means of production in the hands of businessman or the sale of goods and services from non government entities. In capitalism people can buy and sell according to the supply and demand of the good. If the demand of a product is high, price rises. If the supply is high, the price lowers.
Capitalism tends to have good things and bad. It actually is really remarkable at efficient and communicating at a quick and large scale unlike a command and control economy. But it also can pay workers bad wages and leads other people to gain more wealth easier like the stock market.
There r some critics of capitalism based on the unfair distribution of wealth and inequality and regulation and redistribution based on liberal policies is one way to reduce inequity however it also reduces efficiency of the market.
by Cosmopolitan borovan » Sat Sep 08, 2018 2:33 pm
Gaddafist Libya wrote:Cosmopolitan borovan wrote:Capitalism is free enterprise. It permits the means of production in the hands of businessman or the sale of goods and services from non government entities. In capitalism people can buy and sell according to the supply and demand of the good. If the demand of a product is high, price rises. If the supply is high, the price lowers.
Capitalism tends to have good things and bad. It actually is really remarkable at efficient and communicating at a quick and large scale unlike a command and control economy. But it also can pay workers bad wages and leads other people to gain more wealth easier like the stock market.
There r some critics of capitalism based on the unfair distribution of wealth and inequality and regulation and redistribution based on liberal policies is one way to reduce inequity however it also reduces efficiency of the market.
Not capitalism, capitalizm with a Z that is mentioned in Jennifer Government
by The Supreme Magnificent High Swaglord » Sat Sep 08, 2018 4:35 pm
by Gaddafist Libya » Sat Sep 08, 2018 10:50 pm
The Supreme Magnificent High Swaglord wrote:Capitalizm (As opposed to Capitalism) is the political and economic system within the United States in Max Barry's (Peace be upon him) novel, Jennifer Government. The closest real life political philosophy is Anarcho-Capitalism, and the novel deconstructs how awful such a system would be to live in.
by The Supreme Magnificent High Swaglord » Sun Sep 09, 2018 4:53 pm
Gaddafist Libya wrote:The Supreme Magnificent High Swaglord wrote:Capitalizm (As opposed to Capitalism) is the political and economic system within the United States in Max Barry's (Peace be upon him) novel, Jennifer Government. The closest real life political philosophy is Anarcho-Capitalism, and the novel deconstructs how awful such a system would be to live in.
So why didn't they call it anarcho-capitalism? What's the difference between that and Capitalizm?
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