GeorgeWashington » 04 May 2014 4:12 pm » wrote:
Free enterprise requires the exchange of capital.
What part of wiki's definition do you disagree or take issue with?
Capitalism is an economic system in which trade, industry, and the means of production are controlled by private owners with the goal of making profits in a market economy. Wikipedia
The lies. I disagree with the lies - both those of omission and those of commission. I can tell you what your own eyes have already seen, for your entire life - which makes it really weird that you would ask wiki for an explanation. I've had ******, so I don't go to wiki to tell me what ****** is like. Same with capitalism: I was RAISED IN A CAPITALIST COUNTRY - why would I need to refer to wiki?
Now, if you want to talk about what's real as opposed to what's wiki, let us.
Capitalism is an economic system wherein a privileged elite have access to vast sums of capital, which confers great power on that privileged elite. The POOR among them wear Gucci loafers, whereas the others don't have to slum like that. The privileged elite wwrite the tax code and have it rubber stamped by their lackeys in DC. They use other people's money to crush independent operators - see my OP to better understand how this works, or just stop looking at **** wiki and start paying attention to your actual environment.
Free Enterprise is an economic system with the emphasis on ENTERPRISE, not capital. It's getting **** - again, refer to my OP or your own life experience, but not to wiki. Wiki's purpose is information, not enlightenment.
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