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What is capitalism?

allpurpleallgoldallpurpleallgold Member Posts: 8,771
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https://m.youtube.com/watch?v=oFeXZbaKZ7c
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,160
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    What is hip? > What is capitalism
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,160
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    You retweeted this which is how I keep up on this stuff. I have a very select list of follows and you are one of the few

    I found it to be astounding in its ignorance. In fact Pol Pot and I got a big laugh as we stacked bodies like cord wood

    Expecting evil men to act for the common good is the basis of communism/socialism

    Capitalism attempts to buy good behavior for the common good and has a lot more money to spend on that good a lifts a lot more people out of poverty

    IMO of course
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    PurpleJPurpleJ Member, Swaye's Wigwam Posts: 36,465
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    I'm hearing it's possible to join this mythical owning class.
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    UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 14,178
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    Capitalism, at it's heart, is simply a free market in which individuals are free to trade their goods and services. The incentive of capitalism is to create the most value for the most people. You receive the most value back by creating the most value for others.
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    HardlyClothedHardlyClothed Member Posts: 937
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    UW_Doog_Bot said:

    Capitalism, at it's heart, is simply a free market in which individuals are free to trade their goods and services. The incentive of capitalism is to create the most value for the most people. You receive the most value back by creating the most value for others.

    Cool, and when that value is naturally accumulated by a smaller and smaller cadre of people who then exert enormous power over the market and thus or livelihoods it’s fantastic.
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    Doog_de_JourDoog_de_Jour Member Posts: 7,958
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    edited April 2019
    Have any of these people heard of dual/mixed economies?!?1
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    YellowSnowYellowSnow Moderator, Swaye's Wigwam Posts: 33,855
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    The worst economic system, except for all the others.
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    pawzpawz Member, Swaye's Wigwam Posts: 18,751
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    YellowSnow said:

    The worst economic system, except for all the others.

    Idk, this Modern Monetary Theory sounds tremendous.

    Amirite?
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    PurpleJPurpleJ Member, Swaye's Wigwam Posts: 36,465
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    HardlyClothed said:

    UW_Doog_Bot said:

    Capitalism, at it's heart, is simply a free market in which individuals are free to trade their goods and services. The incentive of capitalism is to create the most value for the most people. You receive the most value back by creating the most value for others.

    Cool, and when that value is naturally accumulated by a smaller and smaller cadre of people who then exert enormous power over the market and thus or livelihoods it’s fantastic.
    Tonhöhe. Boulder mit 3 Zeilen für eine Katze ist babyshit ... ein Wachmann voller Chinamen aus der Stadt, die nicht gleichzeitig rudern können, dann ja Pitch, es kann sehr skizzenhaft sein. Mein Punkt war jedoch, dass ich meine Katze unter den meisten humanen kubischen Metrikbedingungen überfahren habe, und es ist nicht so, als würde man beispielsweise den Unterlauf des Tumwater Canyon auf der Wetstnatchee laufen lassen
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    2001400ex2001400ex Member Posts: 29,457
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    DerekJohnson said:

    RaceBannon said:

    PurpleJ said:

    I'm hearing it's possible to join this mythical owning class.

    I own several people
    Hondo being one of them
    Zing!
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    MisterEmMisterEm Member Posts: 6,685
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    "Too many pigs for all the tits."
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    SoutherndawgSoutherndawg Member, Swaye's Wigwam Posts: 8,233
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    allpurpleallgold said:

    https://m.youtube.com/watch?v=oFeXZbaKZ7c

    Stunningly ignorant.
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    Fenderbender123Fenderbender123 Member Posts: 2,861
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    HardlyClothed said:

    UW_Doog_Bot said:

    Capitalism, at it's heart, is simply a free market in which individuals are free to trade their goods and services. The incentive of capitalism is to create the most value for the most people. You receive the most value back by creating the most value for others.

    Cool, and when that value is naturally accumulated by a smaller and smaller cadre of people who then exert enormous power over the market and thus or livelihoods it’s fantastic.
    How do they accumulate it? By going around and forcing everyone to give it to them? Or do they earn it? And why do they earn it?
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    GrundleStiltzkinGrundleStiltzkin Member Posts: 61,481
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    I lasted longer on 2 Girls 1 Cup than this video.
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    greenbloodgreenblood Member Posts: 14,277
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    HardlyClothed said:

    UW_Doog_Bot said:

    Capitalism, at it's heart, is simply a free market in which individuals are free to trade their goods and services. The incentive of capitalism is to create the most value for the most people. You receive the most value back by creating the most value for others.

    Cool, and when that value is naturally accumulated by a smaller and smaller cadre of people who then exert enormous power over the market and thus or livelihoods it’s fantastic.
    Your dream society


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