There is no political solution to communists
(media.kotakuinaction2.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (40)
sorted by:
Capitalism is based on the well-founded notion that individuals are better at determining how to distribute resources than a centralized entity. The false ideal of "limitless growth" arises out of the legal mandate for public companies to maximize profits for their shareholders (i.e. central government interference.)
I'll go a step farther/simpler. We are talking about arguing with communists, after all:
Capitalism is the idea that things have value.
I don't think defining capitalism as essentially the "utility theory of value" vs. communism's "labor theory of value" is sufficient to distinguish it from pre-enlightenment economic systems, but given that "capitalism" itself (the word, not the idea) is a communist invention, perhaps we're falling victim to the trap of letting the enemy set the terms of the discussion.
I'm not talking utility theory, I just mean, you can't have free market capitalism without freedom to trade, and trade is the exchange of one thing (usually of money/currency) for goods. Goods have value. It's not necessarily a fixed or absolute value, but there is obviously value there. When I said I was making it simpler, I meant it. I'm not talking any specific theory of values, just that value itself exists. I guess you could call it the Value Theory of Value.
Communists don't even like to acknowledge that, because it hurts the idea of sharing everything equally. If things have value, and take labor to produce, there's incentive to get good deals for it, or otherwise not share the wealth.
It severely damaged the West since the forced dichotomy imparted a sacred character to an economic system, which is just a tool and not a functional belief system.
Seeing as Marx invented the word Capitalism and prior to him there was no word for free market economies based on free exchange of capital, yes, it's the primary example of communists corrupting language.