Ferengi culture is a satire of free-market economics and based entirely on commerce, and the 285 Rules of Acquisition compose the sacred code on which all of Ferengi society is based. They were fir...
Ferengi culture is a satire of free-market economics and based entirely on commerce, and the 285 Rules of Acquisition compose the sacred code on which all of Ferengi society is based. They were first written down by Gint, the first Grand Nagus (the title of the leader of the Ferengi Alliance). The title "Rules of Acquisition" was chosen as a clever marketing ploy (since the rules are merely guidelines) and Gint numbered his first rule 162 in order to create a demand for the other 161 Rules that had not yet been created.
Ferengi culture is so devoted to unregulated capitalism that concepts such as labor unions, sick leave, vacations, or paid overtime for workers are considered abhorrent, because they would interfere with the exploitation of workers. In addition to the Rules, the Ferengi also recognize the five Stages of Acquisition: infatuation, justification, appropriation, obsession, and resale. The five Stages of Acquisition may be based on the five stages of grief.
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I'm sorry but.. WHAT!? How did power not exist before capitalism? Are you an idiot, or did you just not think about this video too much before making it.
It just sounded like, even taking it as an anology, the video was insinuating that capitalism sprang up like magic from some people who wanted to figure out how to control the people. Not really true.
This video is referring to monarchy and the Rex guy is monarch. From there we got property rights which are fundamental for capitalism. If you look who owns land and wealth in the world, they almost the same blood lines as in monarchy. Capitalism is just industrial monarchy so to speak.
Capitalism might not be very sexy. It doesn't have this idealism that Socialism has. It might even appear cynical. But the point is, it simply works. It accepts the flawed human nature and makes the best out of it, while Socialism needs a different humanity. Therefore Socialism is misanthropic by design and not just in its execution.
And yes, you should definitely read "Socialism" by von Mises.
This is actually response to all new-age-capitalists who wish to appear as rational( Vulcans) ignoring how emotional egoism is. Some of them push greed as virtue. This is some of contradictions, there are big internal conflicts also. What can mean ''work'' when facing inequality, wars and complete destruction of culture that capitalism brings? There are many types of socialism and they ''work''. Class struggle can be view as constant in history and as ''natural'' human tendency.
Violence can only be concealed by a lie, and the lie can only be maintained by violence. Any man who has once proclaimed violence as his method is inevitably forced to take the lie as his principle. - Alexander Solzehnitsyn
Because value is subjective, a price system can only operate properly when people are free to express that valuation. Mises and Hayek made this much clear.
Access to information must be guaranteed to anyone if we wish to create system based on truth. Transparency can be only achieved with democratic working environment. Authoritarian production create inequality just based on information not to say that it is in interest of capitalist to lie.
Needs as air, water, food, shelter and social contact are objective. Wants, on the other hand are result of culture, which are collectively shaped by the ones who control the production.
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How did power not exist before capitalism?
Are you an idiot, or did you just not think about this video too much before making it.
Capitalism is just industrial monarchy so to speak.
And yes, you should definitely read "Socialism" by von Mises.
Class struggle can be view as constant in history and as ''natural'' human tendency.
Because value is subjective, a price system can only operate properly when people are free to express that valuation. Mises and Hayek made this much clear.
Needs as air, water, food, shelter and social contact are objective. Wants, on the other hand are result of culture, which are collectively shaped by the ones who control the production.