LibDave » 29 Dec 2021, 9:37 pm » wrote: ↑
Well capitalism did exist in a small way even in Russia. Beyond the black market (which I was already well aware). And it was illegal so capitalism too had to be "underground". It was considered organized crime by the Soviets and therefore no actual stock was issued. It was based on trust.
I find it quite interesting that you unwittingly describe mafia activity as capitalism. It is simply not possible that these "capitalists" were serving lawful markets. You're talking about mafiosos.
I know. That is the very crux of the issue.
LibDave » 29 Dec 2021, 9:37 pm » wrote: ↑Even what you consider free enterprise is in many cases capitalism. If I have a table saw and a neighbor pays me to let him use it to make a table for his kitchen this is capitalism as I am receiving profit from the use of my capital.
Okay. Let us grant you this argument. I don't - but for the sake of argument, let us.
My issue is with WALL STREET capitalism. So let us not argue over what we agree about, shall we? Let us argue WALL STREET capitalism - that capitalism which conforms to the definition about which my complaints are made.
If you want to defend THAT capitalism - the I lent my neighbor a saw capitalism, - you will get no argument from me. But if you wish to defend WALL STREET capitalism - the capitalism that is birthed, born, regulated, bailed out and sustained by the government gun, - then perhaps you might begin by explaining why I'm being bullied to surrender my very bodily autonomy to a wall street experiment under threat of the government gun?
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