[–] FridayJones 2 points 1 point 3 points (+3|-2) ago
Capitalism is a system that requires the government to outlaw direct free trade between individuals and groups. It inevitably becomes a bizarre forest of complex anti-competitive laws and legal prohibitions on the production and distribution of certain goods and services outside of approved syndicates. Capitalism and Communism are both enemies of actual Free Trade.
[–] matthew-- 1 point 2 points 3 points (+3|-1) ago
Capitalism: an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
Also capitalism (according to fridayJones): a system that requires the government to outlaw direct free trade between individuals and groups.
Nigger what?
[–] FridayJones 0 points 1 point 1 point (+1|-0) ago (edited ago)
Let's see, suppose you wanted to make whiskey and sell it for money. Whoops! You can't. Now, if you buy a shitload of licenses, purchase a shitload of tax stamps, you will find that there are many many laws preventing you from selling your product to almost anyone who isn't already in the wholsesale liquor business. Whoops, not free trade at all.
OK, suppose your Korean wife (because you're the Korean wife type, I can tell) wants to open a small nail salon in your city. Whoops, the municipal laws require her to be licensed, meaning that no matter how good at nail work she already is, she will need about twice as many hours of instruction to receive her certification than it takes to become an armed law enforcement officer in that same city. She will also require an insurance bond.
Speaking of "nigger what," you guys have the cutest nigger-level comprehension of how commerce actually works.
Capitalism is a system that requires the government to outlaw direct free trade between individuals and groups.
WRONG
Capitalism is not supposed to have any government involved at all. If it does, then it is a managed system, and where the management is done is what the system is named after.
[–] Nosferatjew 5 points -3 points 2 points (+2|-5) ago (edited ago)
Capitalism is a system that requires the government to outlaw direct free trade between individuals and groups.
That's not capitalism.. that's the opposite of capitalism. Capitalism is the voluntary exchange of goods and/or services between two consenting private parties. Capitalism is free trade, and government has nothing to do with it. The moment government gets involved, it ceases to be legitimate capitalism, and instead mutates into something in the transitional area between capitalism and socialism/communism.
[–] FridayJones 0 points 4 points 4 points (+4|-0) ago
That's an idealized version of Capitalism that has never existed though. Just like that mythical "pure Communism," it sounds good on paper but has never been implemented in any meaningful way.
In the real world of American venture Capitalism, you can't just buy and sell whatever you want to whomever you want. Monopolistic syndicates have protectionist laws created all the time. The US Code is loaded with laws specific to maintaining strangleholds on markets for small cabals of interconnected (through Board memberships) company leaders. Just try muscling in on their territory by producing and selling your own commodities freely to wholesale distributors. They will bury you.
[–] SigniferLux 0 points 1 point 1 point (+1|-0) ago
Keep reading, you are getting closer.