To: IronJack; mudblood
"6) capitalism (by your 4000 year scale)
You're daft. Capitalism -- in one form or another -- has existed since the dawn of time. True, it required an Industrial Revolution to give it its present incarnation, but people have been buying and selling at a profit for eons."
What we call "capitalism" is nothing more than the way people naturally act when nobody has a gun to their heads.
Hey, I've got wheat, and I need milk. Joe has milk, and needs wheat. Maybe we can work something out.
Von Hayek offers some very lucid discussions of this in "Road to Serfdom" and "Fatal Conceit."
765 posted on
02/15/2005 5:56:54 PM PST by
dsc
To: dsc
Von Hayek offers some very lucid discussions of this in "Road to Serfdom" I wish someone would come out with an e-text version. I wore out two copies.
766 posted on
02/15/2005 6:02:19 PM PST by
papertyger
(If you're gonna be dumb, you gotta be tough.)
To: dsc; IronJack
I simply meant capitalism as a societal objective ala Wealth of Nations. I didn't mean "hey you've got a rock, I've got a stick - lets trade". I meant the government understanding that people have a right to pursue happiness, rather than giving everything to the priesthood or being taxed to death. But of course, you are right, people have always traded.
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