Apologies, I failed to take into account that Chang is quoting Caitlin. But then Chang uses the quote in slightly misleading way (imho) to define “capitalism”. Capitalism is something that existed in the mid-19th century. What we have now is “monopolistic cartelism” (i.e. gangsterism). It’s like robber-barons, but with smartphone-based mind control.
Capitalism has existed since the mid 15th Century (i.e. around 1450). There are MULTIPLE "kinds" of Capitalism (just like there are multiple kinds of Socialism, Communism, etc.) - BUT -> they are all still Capitalism (call it neoliberalism, techno-feudalism, or whatever else you want).
multiple - "resource-based socialist system" is my preference - respecting the MOST important things on the planet -> resources (earth, etc.) and life (people, other species).
Also note that multiple variations of economic systems exist simultaneously in multiple different parts of the planet (for example: currently there exists some forms of slavery, feudalism, mercantilism, capitalism, socialism, and others in different pockets of human geography).
Check out Peter Joseph (for more on resource-based systems).
The Resource-based socialist system reminds me of Eco-Socialism.
When exploring alternative economies I'm curious to find out who will get to issue the credit as opposed to the present system where a very small group appears to have the monopoly.
In the end - alternative economies can only succeed with self government instead of being ruled from afar.
Apologies, I failed to take into account that Chang is quoting Caitlin. But then Chang uses the quote in slightly misleading way (imho) to define “capitalism”. Capitalism is something that existed in the mid-19th century. What we have now is “monopolistic cartelism” (i.e. gangsterism). It’s like robber-barons, but with smartphone-based mind control.
Capitalism has existed since the mid 15th Century (i.e. around 1450). There are MULTIPLE "kinds" of Capitalism (just like there are multiple kinds of Socialism, Communism, etc.) - BUT -> they are all still Capitalism (call it neoliberalism, techno-feudalism, or whatever else you want).
No
Capitalism is based upon private ownership and use of capital
Not for the COERCIVE monopoly state as you would prefer
Any state in a capitalist society will be very very minimal
ANy state is a good sign that capitalism has already been corrupted by those controlling the area
The U.S. only had a mixed economy from the scratch that people called capitalism despite the definition of private ownership
Calling a girl a boy doesn't make her one.
Calling a fascist a capitalist doesn't make them such, either.
You need to work on your analogies AND on your logic. Try again.
Your analogies are illogical.
??? What analogies have I made?
The ones that you accuse me of making.
Alternatives to the present economic system?
multiple - "resource-based socialist system" is my preference - respecting the MOST important things on the planet -> resources (earth, etc.) and life (people, other species).
Also note that multiple variations of economic systems exist simultaneously in multiple different parts of the planet (for example: currently there exists some forms of slavery, feudalism, mercantilism, capitalism, socialism, and others in different pockets of human geography).
Check out Peter Joseph (for more on resource-based systems).
The Resource-based socialist system reminds me of Eco-Socialism.
When exploring alternative economies I'm curious to find out who will get to issue the credit as opposed to the present system where a very small group appears to have the monopoly.
In the end - alternative economies can only succeed with self government instead of being ruled from afar.
A return to the free market of the late 18th century, before Hamilton dragged us back into mercantilism for the City of London.
(1) Capitalism is NOT "free-markets"
(2) Concepts like "free-markets" are a misnomer - free markets don't exists - never have.
(3) Study the history of human economics - markets are usually created by the state and regulated so as to promote "freeness"
(4) Without market regulation, monopolies and those with power wield their own whims/fancies/rules on markets and thus making them UNFREE.
So an economy cannot exist without a state, Karl?
is the american free market of the late 18th century an example of an economy without a state?
Who's talking about economies? My points address "markets" and specifically the "concept" of "free-markets".
Study the history of economic systems. Markets have ALWAYS existed (even before Capitalism). Study the history of markets.
an actual Free Market based upon the LIBERAL concept of Freedom of Association.
Even in the MARKET
Others inherently support state-mandated associations including Caitlin
and so-called social "liberals"
Economics are not partisan.