Phone Scoop

printed April 24, 2014
See this page online at:
http://www.phonescoop.com/articles/discuss.php?fm=m&ff=13391&fi=3272517

Home  ›  News  ›

AT&T Offers T-Mobile Customers Up to $450 to Switch

Article Comments  

Back to message list

Top message:  Lame by acdc1a   Jan 3, 2014, 9:48 AM

Replying to:  Re: Lame by Yama Gama   Jan 3, 2014, 5:35 PM

Capitalism

by hepresearch    Jan 4, 2014, 10:36 AM

Capitalism does have a segment that operates that way, but not all variants of capitalism work this way. The arm of capitalism to which you refer is called mercantilism. In mercantilism, nations compete over resources that are assumed to be scarce, people are treated as labor tools that must be paid as little as possible to get them to work, and consumers are treated like crack addicts that must be parted from as much of their money as possible.

Ever heard of the East India Company? Ever heard of the Boston Tea Party? Yes, the early American colonists were fighting against not just the English crown, but also against the mercantile system which England had adopted. And yet, when the Revolutionary War was over, our founding fathers still chose a system that allowed, and was even partially based on, capitalism... they understood that capitalism had variants, and Locke's capitalism became a very attractive option in those days, as it had very little in common with mercantilism (aside from both having their roots in capitalism).

Lockean capitalism encourages individuals to go and explore the resources of their own land, and to be enterprising on their own, and discourages the government from getting involved. It encourages companies to treat their workers fairly, and compensate generously... granted, Lockean capitalism has become less popular in our day because mercantilism is the only surviving result when the government make regulations so oppressive, and when people become obsessed with the gathering of money. We are in the state we are in now because we have forgotten, as a society, what our fathers rebelled against, and what they fought for.

We live in an age where people are again obsessed with the gathering of money, obsessed with taking from their neighbors, obsessed with envy over what their neighbors have. This is not something that is a required state in capitalism, but it is a foundation for mercantile capitalism. People need to focus on doing good, and being industrious on their own, rather than on obtaining more and more material wealth that they do not really need.

So, I would suggest that capitalism, at its root definition, is not the cause of all our problems. We have capitalist industry and ingenuity to thank for all of the life-easing developments that make modern life possible. To be ungrateful for such is to desire a return to the veritable stone age, and to desire the falling apart of civilization.

Report to moderator

Replies


This forum is closed.

Back to message list

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2