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Chang Chokaski's avatar

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).

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Howard Pearce - Libertarian's avatar

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

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Vonu's avatar

Calling a girl a boy doesn't make her one.

Calling a fascist a capitalist doesn't make them such, either.

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Chang Chokaski's avatar

You need to work on your analogies AND on your logic. Try again.

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Vonu's avatar

Your analogies are illogical.

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Chang Chokaski's avatar

??? What analogies have I made?

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Vonu's avatar

The ones that you accuse me of making.

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Chang Chokaski's avatar

Huh? You are comparing Trans to fascists/capitalists. Not me. YOU are making the FALSE analogy, not me.

Again, work on your analogies and logic.

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F....'s avatar

Alternatives to the present economic system?

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Chang Chokaski's avatar

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).

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F....'s avatar

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.

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Vonu's avatar

A return to the free market of the late 18th century, before Hamilton dragged us back into mercantilism for the City of London.

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Chang Chokaski's avatar

(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.

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Vonu's avatar

So an economy cannot exist without a state, Karl?

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martin's avatar

is the american free market of the late 18th century an example of an economy without a state?

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Vonu's avatar

There wasn't enough government to infringe on the free market in late 18th century America.

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Chang Chokaski's avatar

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.

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Howard Pearce - Libertarian's avatar

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"

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Vonu's avatar

Economics are not partisan.

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