So many people say they are defending Capitalism (because Socialism is bad), but what they are really defending is commerce. And yet it’s possible for commerce to exist within a socialist country; in fact, it would thrive! But the nay-sayers won’t look beyond their own presuppositions to see how the world might be better off if they just stop defending the upper class.
So let’s dive into this one more time….
Capitalism – an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth.
Commerce – an interchange of goods or commodities, especially on a large scale between different countries (foreign commerce ) or between different parts of the same country (domestic commerce ); trade; business.
Capitalism enables people to hoard vast amounts of money, removing those funds from general circulation, which makes everyone else have to work harder for an ever-shrinking slice of the economic pie.
Capitalism allows speculators to make money simply by leveraging their finances against others.
Capitalism allows large companies to operate with impunity while using their power to ensure the working class are punished just for existing.
I am ALL FOR commerce.
I am STRICKLY AGAINST capitalism.
DO NOT mix them up.
I’ve talked before of how an economy should work. But how many people can see it for what it currently is, how it currently operates? And how many of those can see a better way?
Hemibill's Blog 