Currently viewing the tag: "capitalism"
I commented on a hit piece on Austrian economics at the self-identified Marxist website Political Affairs. Besides being completely unwarranted and poorly written in terms of grammar and spelling, the blog post was riddled with misrepresentations and outright fabrications about the “Mieses Institute.”
I posted a comment, and usually that would be the end [...]
Francios Tremblay’s Feb. 6 line that “Our society is built on the principle of generalized competition” is sort of the inspiration for the comments below, but I do not mean for this to be a rebuttal of Tremblay’s entire post, if only because he nevertheless makes many valid points about the present nature of [...]
What Julia Riber Pitt, blogging at Free Disesent, is “more than a little sick and tired of are people whose beliefs are nothing but pro-capitalist labeling themselves as ‘anarchists’ only because they oppose the government/State.”
I cannot tell exactly what is meant by the word “capitalism,” since there are so many different definitions for [...]
There is one thing that YouTuber franks2732 got right in his video “Bigotry & Libertarians.” Capitalism, which I take him to mean the exchange of privately owned goods, would not prevent discrimination. For good or bad, people discriminate all the time among various choices, of course. If they are wise, people discriminate between [...]
In a previous post, I discussed why laborers do not receive wages commensurate of their contribution to the bottom line. I argued that the problem was not the fault of the market process. That is, it is not inherent in the market process. I was pointing out how government, through systematic expropriation of ownership [...]
It is typically conceded that a starving man is not free, and this marks the alleged defining flaw of a free market, the commoditization of labor. The contention is that the relationship between employers and employees is really no different than the relationship between muggers and their victims: obey or die. Typically, market opponents [...]
In Karl Marx’s and Frederick Engels’ early portrayal of communism, they envisioned an end to the artificial scarcity and economic turbulence they believed was set in place by the private ownership of capital. No longer would an individual be confined to an “exclusive sphere of activity, which is forced upon him and from which he [...]
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Re: People who Piss me off: Free Market Anarchists
Ad hominem attacks aside, YouTuber hawanja’s video on free-market anarchists seems to make the point that people “naturally organize themselves into hierarchies” that require violence to be maintained, so anarchism runs counter to the human condition. It is left unstated why violence is needed or ethically justified to maintain these hierarchies if they were [...]