The Morality of Capitalism 1 - Ayn Rand Institute
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AnubisEye009 1 week ago
@JBourneID so because rich people live more lavishly now then they did in the 1400's, that makes the crimes of money okay? Newsflash, people are still starving in the street, disease is up, crime and drug use is up. Our world economy is operated to serve the very few, off the backs of the many. You have obvious motives.
questionslp6 4 months ago
@questionslp6 >>> To say that nothing much has changed between the lifestyles lived by average people living in Europe in 1492 & the lifestyles lived by the descendants of those people who live in America today is beyond ridiculous. Do you know how the average person lived in those days?
JBourneID 4 months ago
This is all well and good, if we want to keep things socially the same for the next couple hundred years. The rich, richer. The poor, devastated and powerless. In 1492, in Europe, the top 2% owned 95% of everything. Today, in America, the top 5% own 3/4's of everything. Nothing much has changed, and won't until we realize that stuff like this is only propagated by those who care not about social equality, but for keeping things the way they are, forever. Down with the money system.
questionslp6 5 months ago
@WhyMeMoFo Actually you both are splitting hairs, both of your social infrastructures are directly related to capitalism majorly in some way. This will always lead to the destruction of said social system. Will we have free energy or flying cars? No, they are not profitable. If something is not profitable, it has no relevance to capitalism and therefor must be abandoned. This means that only the procreation of the money system is valued, and not the well-being or economy of the people.throwitout
questionslp6 5 months ago
@EconomicLiteracyNow 'Socialist' masters? That's as funny as it is ill informed. Is that what your capitalist masters have been telling you? huh, Wage Slave?
Stakeholders are all the members of the community who are directly effected by the processes of these institutions. I'm certain I was fairly clear on this point already.
Ayn Rand was a welfare queen and 30 odd year drug addict. Sorry to tell you. Actually, I'm not sorry, it's always a pleasure to out frauds....
WhyMeMoFo 5 months ago
@WhyMeMoFo
Who decides who the "stakeholders" are? The socialist masters, of course. Do you contend only workers are affected by production? What about customers, neighbors and those who contribute their saved capital and their ideas so the production can take place at all?
Markets are not created or planned; they arise from the choices people make. You misunderstand the meaning of capital and buy into the myth of class warfare.
Ayn Rand left an estate and was never a "welfare queen."
EconomicLiteracyNow 5 months ago
@WhyMeMoFo
Competition is not the foundation capitalism rests upon. Voluntary cooperation is the essence of capitalism. Every trade has benefits for both parties or it would not be made. Therefore capitalism is not a zero-sum game, as government is. Voluntary cooperation leads to wealth creation, increased productivity, rising wages and falling prices. Competition is also voluntary. Capital will follow the highest profits, lowering prices and profits.
EconomicLiteracyNow 5 months ago
@kj6bbs And when I say "Capitalism' I mean text book stuff.
Capitalism: The means of production and distribution are privately owned and labor has no voice in its use.
As opposed to:
Socialism: The means of production and distribution are owned and operated by those who do the actual work and those who are directly effected by the workings of this institution, ie Stakeholders.
Private (not Personal) Property is a problem that we must solve, and eliminate.
WhyMeMoFo 6 months ago