Lifesaver
Fides et Ratio
A rather bad description, I must say.ACougar said:Capitalism is when those with capital use that capital to enrich themsleves with no consideration for the workers, the people upon who's labor they become rich. It's the economic equivalent of the law of the jungle, those with wealth and power become richer and more powerful while those with little or none become even worse off.
Capitalism (which is nothing more than property rights and freedom to deal that property), has enabled our society to achieve great advancements.
However, for the good of any discussion we might have, it would be better if we didn't use terms such as Capitalism and Socialism (who knows what this means?), and spoke directly of the particular concepts we have in mind. For example, instead of "Socialism distributes wealth", actually explain how wealth would be distributed
In short, it's the existence of property rights, with a lot of taxes, and a lot of government participating in the economy, by running services (electricity, telephones, health, education, etc), creating trade barriers, handing out subsidies, controling money exchange rates, interest rates, sets minimal wages and heavy labour laws, and some other things I might have forgotten.Sociallism is balance between these two extreems, instead of being soley responsible to thier shareholders or thier workers bussiness (with government oversight) must do thier best to balance the needs of both.
If that is what you have in mind, then it has been already proven, and it is quite estabilished knowledge, that this system is less efficient than more economic freedom (capitalism, according to you), because it generates unemployment, poverty and wastes a lot of capital.
There are people who SWIM their way out of it.Once again we are in complete disagreement, while Cuba could benefit from a little more Capitalism in thier economy the idea that they are worse off now than under Batista is ridiculous.
Surely, something has to be wrong!
In Latin America, guerilla is always about some crazy leftwing revolution, often backed by drug money. Not to mention they use many terrorist tactics.Freedom of the working class of course. Guerrilla warfare is the manor in which weaker more poorly equiped militaries fight against more powerful militaries. It worked for us against the British during the Revolutionary war why should we condem it?
His poor understanding of how the world works unabled him to fight the good fight.His intent was to help the poor exploited workers to throw off the oppression of the big multinational coorperations who who owned everything and exploited labor. It would have been great had he been more sucessful, however he fought the good fight.
He, like so many other apparently well-intentioned young men, fell for the lies of Marxist economics, a "science" with the same respectability of astrology. And with methods not too different...
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